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Brazil’s car production rebounds modestly in May
The manufactured units increased to 43,080 from only 1,847 units in April
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China’s Trade Surplus Reached a Record High in May
China’s exports and imports remained on a downward path, dropping by 3.3% y/y and by 16.7% y/y, respectively
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New loans in Brazil decline in April
New loans in Brazil declined by 2.89% y/y to BRL 295bn in April 2020
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Brazil’s preliminary inflation slows down in May
The Extended National Consumer Price Index 15 (IPCA-15) decreased by 1.96% y/y in May
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FDI in Brazil drops in April 2020
Foreign direct investment (FDI) in Brazil fell to USD 234mn in April 2020
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Weaker RMB signals market worries about the China-US relations
The RMB was heading to an exchange rate against the US dollar at around 7.2, as the tension between China and the US escalated
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Decline of China‘s Industrial Profits Keeps Slowing
For the first four months of 2020, total profits (total revenues minus total costs) of industrial enterprises decreased by 27.4% y/y
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The Economic Policy Uncertainty Indices for China Climbed in April
The mainland index climbed to 329 points in April from 219 in March
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Brazil’s Entrepreneur Confidence remains at the lowest levels since 2009
Brazil’s Entrepreneur Confidence Indicator stood at 34.7 points in May
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COVID-19 Continues to Impact China’s Fiscal Revenue in April
During the first four months of 2020, China’s fiscal revenue posted negative changes
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India’s Exports and Imports Plummet to Historic Low in April
Both exports and imports have fallen to a historic low in April 2020
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Brazil’s motor vehicles production plummets in April
Motor vehicles production in Brazil declined significantly in April 2020