October 3, 2007
BBVA is flagging for LatAm investors upcoming external news, including the
BBVA is flagging for LatAm investors upcoming external news, including the rate decision of the Bank of England and the European Central Bank on Thursday, and the US non-farm payroll growth on Friday."A change in tone in the communiqué of the central bank meetings that implies an end to hikes would support LatAm asset markets and other risky assets," says BBVA. "This would be true, even in the likely event that policy rates are not changed."