Latam Weekly: Inflection Moment
July 11, 2020Latam Weekly: Inflection Moment
Three main considerations will dominate market attention over the coming week in terms of calendar-based risks. Whether virus counts and tweets matter or not varies by the day, but the week’s main drivers are likely to be more meaningful. They will include the US earnings season, a wave of central bank decisions and further tracking of recovery evidence across major economies. On all three counts – data, earnings and monetary policy – we continue to transition away from incremental emergency actions and toward recovery.