We assess the impact of potential policy surprises, using our BoP Nowcast and positioning toolkits. Low current account deficits pose limited risk, but in Mexico heavier positioning than in Brazil could amplify the impact of negative policy surprises.
In our last edition of Sticky Notes in 2018, we look at President Xi's reform anniversary speech, Venezuela's future, NAFTA termination, oil markets, and a potential U.S. government shutdown.
In this edition of Sticky Notes, we look at key issues facing the incoming U.S. Congress, new realities in Mexico, U.S.-China trade talks, and potential auto tariffs.
NAFTA gave a big push to trade and financial integration, favorably affecting Mexico Uncertainty over a possible reversal could weigh on growth, leadi
This note describes the NAFTA renegotiation framework and assesses the implications of a possible exit' Discrepancies on key issues have led to protra
Growth remained firm in 2017Q1, but high-frequency indicators suggest a slowdown is in the making. The protracted weakness of investment is consistent