iShares Latin America 40

Latest iShares Latin America 40 News and Updates

  • uploads///Mexicos CPI Inflation
    Macroeconomic Analysis

    Will Banco de Mexico Follow the Fed in Raising Rates in 2016?

    Since the rate hike by the Fed in December 2015, Banco de Mexico has raised rates three times totaling 125 basis points.

    By David Ashworth
  • uploads///key financials
    Company & Industry Overviews

    Southern Copper’s Financial Performance: Key Investor Takeaways

    Southern Copper’s financial performance has weakened over the last couple of years. Its falling revenues are largely attributable to copper price volatility.

    By Mohit Oberoi, CFA
  • uploads///part  copper production
    Macroeconomic Analysis

    World Refined Copper Production Rose 5% in 1Q15

    Refined copper production in China rose 9% YoY until March. China was the biggest contributor to the surge in refined copper production.

    By Mohit Oberoi, CFA
  • uploads///part
    Materials

    Why Copper Bears Shouldn’t Lose Heart

    While copper bears have been overshadowed by the bulls this month, they might like their chances in 4Q17.

    By Mohit Oberoi, CFA
  • uploads///Mexico Unemployment
    Financials

    Unemployment in Mexico holds steady, finally some good news

    May unemployment figures were marginally stable compared to April Unemployment is a key indicator of economic health. It’s a lagging indicator, and that means it’s better at confirming trends, especially downward trends, since unemployment rises faster than it falls. Unemployment holds steady, in line with PMI employment indicator The June PMI showed a continued slowdown […]

    By Dale A. Norton
  • uploads///
    Macroeconomic Analysis

    The Argentine Peso Tanks as Government Fulfils the Promise of Freefloat

    The US dollar and Argentinian peso currency pair, which is inversely related to the Argentinian peso, rose by 35.6% on December 17, 2015.

    By David Meyer
  • uploads///Brazil Confidence Index Seasonally Adjusted
    Financials

    Why Brazilian consumers are becoming pessimistic

    Consumer expectations surveys are helpful for analysts Consumer expectations drive the trade-off consumers make between spending and saving. Both saving and spending are important for economic growth. More spending means there’s more demand for products, so businesses increase revenues and profits. More saving, though, means banks have more capital to lend out to businesses to […]

    By Dale A. Norton
  • uploads///Slight Fall in Business Confidence in Chile in
    Macroeconomic Analysis

    What Chile’s Mining Strike Means for a Highly Privatized Economy

    Chile had been known as the best-managed economy in Latin America—until recently.

    By Mary Sadler
  • uploads///GDP Growth Likely to be Postive in
    Macroeconomic Analysis

    Why IMF Slashed Brazil’s Economic Growth Outlook in 2017

    Economic activity in Brazil (EWZ) has been slow as it tries to emerge from its deep recession in 2016. But consumer and business confidence is improving.

    By Mary Sadler
  • uploads///Mexican Manufacturing Sector
    Financials

    Mexican manufacturing employment up, but wages suffer from inflation

    The employment figures for March’s manufacturing indicators showed increases in employment, but real wages dropped significantly. The manufacturing sector in Mexico plays an important role in the economy, and while it accounts for approximately a fifth of GDP, its sensitivity to consumer demand makes it a good gauge of the overall health of the country. […]

    By Dale A. Norton
  • uploads///Colombian Auto Trade in Last  Years
    Consumer

    Will Trade Deal with Mercosur Bloc Boost Colombia’s Auto Sector?

    Colombia (GXG) signed a deal with the Mercosur trade bloc on July 21, 2017, to allow the import of limited quantities of certain products without a tariff in the Colombian market.

    By Mary Sadler
  • uploads///Mexcios economic growth steady for Q
    Macroeconomic Analysis

    Is Economic Activity in Mexico Steady despite Trade Fears?

    The Mexican economy expanded 0.6% in 1Q17, beating market expectations. Exports and private spending have continued to support growth in Mexico this year.

    By Mary Sadler
  • uploads///latam fwd eps
    Company & Industry Overviews

    Investor Sentiment Favors Peru, Chile, and Brazil

    Investor sentiment with respect to Latin American economies has definitely been changing since the beginning of the year.

    By Surbhi Jain
  • uploads///part  copper
    Macroeconomic Analysis

    Do Lower Chinese Copper Imports Concern Freeport?

    In October, China imported 290,000 metric tons of unwrought copper and copper products—a yearly fall of more than 31%. Imports have fallen for seven months.

    By Mohit Oberoi, CFA
  • uploads///part  copper
    Materials

    China’s June Copper Imports: Are Slowdown Talks a Sham?

    China isn’t self-sufficient when it comes to raw materials. When it comes to copper imports, it’s the largest importer of copper ores, anodes, and refined copper.

    By Mohit Oberoi, CFA
  • uploads///part  copper
    Macroeconomic Analysis

    Sluggish Chinese Copper Imports Spell Trouble for Freeport

    China isn’t self-sufficient when it comes to its copper needs. While copper mining is concentrated in Latin America, more than half of the world’s copper is consumed in Asia.

    By Mohit Oberoi, CFA
  • uploads///AdobeStock_
    Company & Industry Overviews

    HSBC Might Cut Jobs after CEO’s Exit

    After CEO John Flint’s exit, HSBC might cut thousands of jobs—mainly seniors executives. Noel Quinn will serve as an interim CEO.

    By Rabindra Samanta
  • uploads///Brazilian Equity Market
    Financials

    Why Brazil’s equity market keeps dropping (Part 1)

    Several negative factors have come combined to cause a steep drop in the equities market Over the past month, the main Brazilian ETF, EWZ, has dropped 20% in value. Below is a recap of the negative chain of events that led to this fall and how likely the market will recover. Social unrest: Why Brazil’s equity market […]

    By Dale A. Norton
  • uploads///
    Earnings Report

    Analyzing Duke Energy’s Expected 3Q16 Earnings and Its Drivers

    Duke Energy (DUK) is the second-largest utility by market capitalization. It will report its 3Q16 financial results on November 4, 2016.

    By Vineet Kulkarni
  • uploads///imf
    Miscellaneous

    Outlook Projections: IMF Cuts Global Growth Forecasts

    The IMF cut its global economic growth forecasts, according to the latest IMF World Economic Output Update dated July 19. The cut in forecasts was expected.

    By David Meyer
  • uploads///Argentinas Trade Balance Narrows in May
    Macroeconomic Analysis

    Surge in Imports Increases Argentina’s Trade Deficit in May 2017

    Argentina (ARGT) posted a higher trade deficit for May 2017 at $642 million, mainly due to increasing imports as compared to its exports.

    By Mary Sadler
  • uploads///Colombia economic growth to improve in
    Macroeconomic Analysis

    Why Colombian Stocks Are Surging in 2017

    As the third-largest economy in Latin America, Colombia is expected to recover from its subdued growth of ~2% in 2016—its lowest figure since 2009.

    By Mary Sadler
  • uploads///part  copper
    Materials

    Chinese Copper Imports: Can Freeport’s Good Run Continue?

    Previously in this series, we’ve looked at China’s July steel and aluminum exports. In this final part of the series, we’ll look at Chinese copper imports.

    By Mohit Oberoi, CFA
  • uploads///Brazilian Unemployment
    Financials

    Brazil unemployment steadily decreasing

    Unemployment may be a lagging indicator, but Brazil’s steady unemployment downtrend is greatly reassuring that the economy has a solid base. Unemployment is a basic indicator of the economic performance of an economy. A low is a basic requirement for a country to achieve its economic growth potential. In the case of Brazil, unemployment has […]

    By Dale A. Norton
  • uploads///part  copper
    Materials

    Analyzing China’s January Copper Imports

    Last month, China imported 443,000 metric tons of unwrought copper and copper product. China imported 450,000 metric tons in December 2017.

    By Mohit Oberoi, CFA
  • uploads///Banks
    Company & Industry Overviews

    An Introduction to Brazil’s Largest Banks, Latin America’s Biggest

    Since the ’80s and ’90s, Latin American banks have stabilized. Today, the largest banks in Latin America are concentrated in two countries: Brazil and Mexico.

    By Rebecca Keats
  • uploads///part  china imports
    Macroeconomic Analysis

    Chinese Refined Copper Imports Are Flat in August

    In the first eight months of 2015, China’s refined copper imports are down 6.7% compared to the corresponding period last year.

    By Mohit Oberoi, CFA
  • uploads///part  china imports copper
    Miscellaneous

    How Were China’s Copper Imports in January?

    Looking at copper import data, Chinese copper demand is not as weak as many are expecting.

    By Mohit Oberoi, CFA
  • uploads///GDP Growth Rates in Major Latin American Economies
    Macroeconomic Analysis

    Latin America Is at a Crossroads

    Latin America is at a crossroads. While some economies are faring reasonably well, others are struggling to recover from slower growth since 2013.

    By BlackRock
  • uploads///china copper imports
    Macroeconomic Analysis

    China’s Copper Imports Dip in May Month-over-Month

    China is the largest importer of copper ore, anodes, and refined copper. Chile, on the other hand, is the biggest exporter of these products.

    By Mohit Oberoi, CFA
  • uploads///Mexicos Unemployment
    Financials

    Mexico’s unemployment is not showing signs of recovery

    While it may not come as a surprise, the worsening unemployment means the economy is not improving Unemployment is a key indicator of economic health. It is a lagging indicator, and that means it is better at confirming trends, especially downward trends, since unemployment rises faster than it falls. After the tease drop in February, […]

    By Dale A. Norton
  • uploads///mexican peso
    Financials

    Trump’s Win Sends the Mexican Peso Reeling

    Donald Trump’s win in the 2016 US presidential election wasn’t good news for Mexico (EWW). The Mexican peso fell more than 10% on November 9, 2016.

    By Surbhi Jain
  • uploads///part  anto
    Materials

    Analysts Weigh in on Antofagasta amid Lower Copper Prices

    Antofagasta (ANTO) has received “strong buy” ratings from seven analysts, while five have given it “buy” ratings or some equivalent.

    By Mohit Oberoi, CFA
  • uploads///Brazils Manufacturing PMI in September
    Macroeconomic Analysis

    Insights into Brazil’s Manufacturing PMI in September 2017

    The final Markit Brazil Manufacturing PMI (Purchasing Managers’ Index) stood at 50.9 in September 2017. It remained unchanged compared to August 2017.

    By Sarah Sands
  • uploads///Brazils Manufacturing PMI in August
    Macroeconomic Analysis

    Did Brazil’s Manufacturing Activity Improve in August?

    According to a report by Markit Economics, the final Brazil manufacturing PMI (purchasing managers’ index) rose to 50.9 in August 2017 as compared to 50 in July.

    By Sarah Sands
  • uploads///part  copper
    Materials

    China’s Copper Imports: Did Data Spoil Freeport’s Party?

    China imported 390,000 metric tons of unwrought copper and copper products in August 2017—compared to 350,000 metric tons in August 2016.

    By Mohit Oberoi, CFA
  • uploads///Inflation in Colombia Down in July
    Macroeconomic Analysis

    Inflation in Colombia Continues to Fall in July 2017

    Consumer prices in Colombia (GXG) rose 3.4% on a year-over-year basis in July 2017, lower than the 4.0% rise in June 2017.

    By Mary Sadler
  • uploads///part  guidance
    Materials

    Analyzing Copper Miners’ 2017 Production Plans

    During its 2Q17 earnings call, Freeport-McMoRan (FCX) lowered its 2017 copper production guidance to 3.7 billion pounds.

    By Mohit Oberoi, CFA
  • uploads///Mexico Manufacturing PMI Surge in June
    Macroeconomic Analysis

    What Drove the Rise in Mexico’s Manufacturing Activity in June?

    Mexico’s manufacturing activity posted a strong performance after its output, new orders, and employment picked up the pace in June 2017.

    By Mary Sadler
  • uploads///Inflation in Mexico Continues to Rise in June
    Macroeconomic Analysis

    Did Inflation Pose a Huge Concern for Mexico in June 2017?

    Consumer prices in Mexico (EEM) surged 6.31% year-over-year (or YoY) in June 2017, compared to their 6.16% rise YoY in May.

    By Mary Sadler
  • uploads///Inflation in Mexico Continues to Rise in June
    Macroeconomic Analysis

    Mexican Unemployment Edged Up in June—Is the Rise Temporary?

    Global (ACWI) recovery in 2017 has helped labor market conditions to improve across OECD (Organisation for Economic Co-operation and Development) nations.

    By Mary Sadler
  • uploads///Mexican Economic Activity Expands in May
    Macroeconomic Analysis

    Mexico’s Economic Activity Rebounded in May 2017

    Economic activity in Mexico rose 3.1% year-over-year (or YoY) in May 2017, a rebound from its YoY fall of 0.57% in April 2017.

    By Mary Sadler
  • uploads///Business Confidence in Brazil Down in June
    Macroeconomic Analysis

    Is Brazil’s Business Confidence on a Declining Trend in 2017?

    Political chaos has affected confidence levels in Brazil, which saw its business confidence reach its lowest level in 2017 in June.

    By Mary Sadler
  • uploads///Inflation in Brazil Continues to Decline in June
    Macroeconomic Analysis

    Brazil’s Inflation in June: A Story of Decline

    Consumer prices in Brazil (BRZU) grew by 3% YoY in June 2017, compared with 3.6% in May 2017.

    By Mary Sadler
  • uploads///Argentinas Consumer Confidence Slips in June
    Macroeconomic Analysis

    Why Argentina’s Consumer Confidence Fell in June 2017

    President Mauricio Macri’s austerity measures seem to be impacting Argentina’s consumer confidence, as it saw another fall in June 2017.

    By Mary Sadler
  • uploads///Chile Records Small Trade Surplus in June
    Macroeconomic Analysis

    Sluggish Mining Sector and Chile’s Trade Surplus in June

    Chile’s economy is highly dependent on copper mining activities. The recent long strike at BHP Billiton’s Escondida copper mine continues to impact Chile.

    By Mary Sadler
  • uploads///Inflation in Peru Continues to Decline in June
    Macroeconomic Analysis

    Peru’s Inflation in 2017 and Slower Economic Activity

    Peru’s economy continues to suffer in 2017 from the damage caused by floods in March 2017 due to the ENSO (El Niño Southern Oscillation).

    By Mary Sadler
  • uploads///Latin American Equities Steady in June
    Macroeconomic Analysis

    Performance of Latin American Equities Steady in June 2017

    Latin American (ILF) equities in June 2017 remained steady amid the political turmoil among its member nations.

    By Mary Sadler
  • uploads///Inflation in Brazil Continues to Decline in June
    Macroeconomic Analysis

    Political Tensions in Brazil: Former President Lula’s Conviction

    On July 13, 2017, Brazil’s former President Luiz Inácio Lula da Silva was sentenced to ten years in prison for graft.

    By Mary Sadler
  • uploads///Colombias BanRep Continues to Cut Interest rate in June
    Macroeconomic Analysis

    Will Monetary Easing Support Colombia’s Economic Growth in 2017?

    Colombia, an important Latin American (ILF) economy, is currently facing sluggish growth due to a decline in commodity prices (DBC) and political instability.

    By Mary Sadler
  • uploads///Colombias Economic Growth Declines for Q
    Macroeconomic Analysis

    Will Colombia’s Economic Growth Pick Up in 2Q17?

    1Q17 economic growth in Colombia (ICOL) remained below market expectations.

    By Mary Sadler
  • uploads///Inflation in Colombai on Downtrend in
    Macroeconomic Analysis

    How Colombia’s Inflation Is Trending

    Annual consumer inflation in Colombia (GXG) has dropped for 12 consecutive months as of June 2017.

    By Mary Sadler
  • uploads///Brazils Manufacturing Declines in June
    Macroeconomic Analysis

    Why Brazil’s Manufacturing Activity Lost Momentum in June 2017

    Brazilian (ILF) manufacturers remain firmly optimistic about the country’s output growth in the next 12 months.

    By Mary Sadler
  • uploads///Last One Year Performance of United Continental Holdings
    Fund Managers

    Why Barclays Thinks UAL Earnings Could Improve

    UAL is currently trading at $76. Its 52-week high is $83.04, and its 52-week low is $37.64.

    By Sarah Sands
  • uploads///Argentinas Trade Balance Narrows in May
    Macroeconomic Analysis

    Why Consumer Confidence in Argentina Is Falling in 2017

    Argentina’s (FM) consumer confidence saw a huge drop in June 2017, as Argentinians are highly unsatisfied with the austerity measures President Macri’s government has adopted.

    By Mary Sadler
  • uploads///Brazilian Real Declines in May
    Macroeconomic Analysis

    Slumping Commodity Prices Pressure the Brazilian Real in 2Q17

    The Brazilian real dropped ~2% in May 2017 amid the country’s ongoing political instability.

    By Mary Sadler
  • uploads///Argentinas Economic Activity Improves in May
    Macroeconomic Analysis

    Is Argentina on the Path to Recovery in 2017?

    The leading economic index in Argentina rose 3.0% in May 2017 compared to 0.70% in April 2017.

    By Mary Sadler
  • uploads///Perus Economic Growth Slower in Q
    Macroeconomic Analysis

    Why Global Mining Leader Peru Is Seeing Slower Growth in 2017

    According to Peru’s Ministry of Economy and Finance, the El Niño–related infrastructure damages were close to $4 billion.

    By Mary Sadler
  • uploads///Chiles Economic Growth Declines in Q
    Macroeconomic Analysis

    Did Chile’s Copper Mine Strike Impact Its Economic Growth in 1Q17?

    Chile’s economy grew 0.1% on a year-over-year basis in 1Q17, lower than the 0.5% expansion in 1Q16.

    By Mary Sadler
  • uploads///Slower Economic Growth in Q  in Colombia
    Macroeconomic Analysis

    Why Colombia’s Economic Growth Slowed in 1Q17

    Colombia’s (ICOL) GDP grew 1.1% year-over-year in 1Q17, lower than its 1.6% expansion in 1Q16.

    By Mary Sadler
  • uploads///Mexicos Economic Activity Advances in Q
    Macroeconomic Analysis

    Will Mexico Look Past the US to Improve Economic Activity in 2017?

    Trump’s anti-trade rhetoric has caused Mexican officials to consider working toward reducing the country’s reliance on the US.

    By Mary Sadler
  • uploads///Perus Economic Growth Lowered for
    Macroeconomic Analysis

    Peru’s Flood and the IMF

    Peru is one of the fastest-growing economies among emerging markets.

    By Mary Sadler
  • uploads///Brazil Commodity Indexes Steadily On Rise
    Company & Industry Overviews

    Will Rising Commodity Prices Help Brazil Recover?

    Brazil (EWZ) is expected to see a reversal of the downward trend in its economic growth in 2017, mostly with the help of rising commodity prices and improvements in exports.

    By Mary Sadler
  • uploads///Movement in Brazil and Mexico ETFs in MTD November
    Miscellaneous

    This Is How the Trump Victory Could Affect Brazil and Mexico

    After the election of Donald Trump, the iShares MSCI Brazil Capped ETF (EWZ) slipped.

    By David Ashworth
  • uploads///Economic Growth in Brazil and Russia
    Macroeconomic Analysis

    Why the IMF Expects Brazil and Russia to Remain in Recession

    The IMF expects the economy of Brazil to fall 3.3% in 2016, following its 3.8% decline in 2015.

    By David Ashworth
  • uploads///etfprices
    Macroeconomic Analysis

    Is It Raining Gold for Brazil?

    Brazil’s performance in the 2016 Rio Olympics and worldwide speculation about a Fed rate hike might have a role to play in the country’s stock market performance in fiscal 2016.

    By Heidi Richardson
  • uploads/// EM Compare to World Indices
    Company & Industry Overviews

    Why Investors Are Upbeat about Emerging Markets

    The sharp rise in global liquidity conditions has been channeled mainly into emerging market (EEM) economies.

    By Richard Turnill
  • uploads///Latin Aug
    Macroeconomic Analysis

    Latin American Markets Rise, Chile Records Slower Inflation

    Latin American markets were trading higher on August 8—taking cues from a rise in commodity and crude prices globally.

    By David Meyer
  • uploads///Chile ind prod
    Macroeconomic Analysis

    Colombia Hikes Rates, Chile’s Industrial Production Contracts

    Colombia’s central bank increased the benchmark interest rates for the 11th consecutive meeting by 25 basis points to bring the rate to 7.8%.

    By David Meyer
  • uploads///article
    Company & Industry Overviews

    How Much of a Driver Is Agriculture for Brazil’s Economy?

    As Latin America’s largest country in terms of population and land size, Brazil (EWZ) is becoming a key player among the emerging economies,

    By Sarah Sands
  • uploads///growth
    Miscellaneous

    Analyzing Scenarios in the IMF’s Report: What to Expect

    The IMF looks at two risk scenarios for estimating the growth forecasts in case of increased risks. The two new scenarios are “downside” and “severe.”

    By David Meyer
  • uploads/// IMD World
    Company & Industry Overviews

    Why Does Latin America Need to Improve Competitiveness?

    In many Latin American (ILF) (ECH) countries, higher growth and development have been accompanied by loss of competitiveness and a decline in productivity.

    By Armando Senra
  • uploads/// GDP Growth rate
    Company & Industry Overviews

    How Can Latin America Keep Up Inclusive Growth?

    The Latin American (ILF) (EWW) economy contracted in the second half of 2015. The fourth quarter registered the biggest fall in six years.

    By Armando Senra
  • uploads///A Blackrock
    Company & Industry Overviews

    How Mobile Banking Boosts Financial Inclusion in Latin America

    World Bank data reveal that since 2011, more than 60 million people in Latin America have opened bank and mobile money accounts.

    By Armando Senra
  • uploads///A Blackrock
    Company & Industry Overviews

    How Is Technology Connecting Lives in Latin America?

    Statista data show that the mobile penetration rate in Latin America reached a new high of about 126% in 2015.

    By Armando Senra
  • uploads/// Middle Class
    Company & Industry Overviews

    How Disruptive Innovation Is Changing Latin America

    Changing demographics in Latin America are driving innovations. Young people, which account for 25% of the total population, are more likely to accept innovation.

    By Armando Senra
  • uploads///Latin June
    Macroeconomic Analysis

    Colombia Central Bank Hikes Rates by 25 Basis Points on June 22

    The central bank of Colombia increased interest rates on June 22, 2016, by 25 basis points to 7.5%, which was in line with expectations. This was its tenth consecutive hike in benchmark rates.

    By David Meyer
  • uploads///ECH
    Macroeconomic Analysis

    Central Bank of Chile Keeps Rates Constant, Monitors Inflation Levels

    The banking sector in Chile got a boost as Banco Santander Chile (BSAC) and Banco De Chile (BCH) rose by more than 1% on June 17.

    By David Meyer
  • uploads///copper imports
    Company & Industry Overviews

    What’s Driving China’s Copper Imports in 2016?

    In May, China imported 430,000 metric tons of unwrought copper and copper products. Although imports fell 4.4%, they have risen more than 18% YoY.

    By Mohit Oberoi, CFA
  • uploads///Returns of LatAm focused Mutual Funds in  Until April
    Company & Industry Overviews

    Brazilian Equities: Could Bad News Be Good News?

    Political upheaval is hardly anything to cheer about in theory, but it can bring optimism, as Brazil’s financial markets have shown in 2016.

    By David Ashworth
  • uploads///Latin Apr
    Macroeconomic Analysis

    Why Did Inflation Rates Ease for Brazil and Chile?

    Brazil’s inflation rate slowed for the second straight month in March. The annual inflation rose by 9.4%—compared to 10.4% in the previous month.

    By David Meyer
  • uploads///copper
    Company & Industry Overviews

    A Puzzle: What’s China Doing with So Much Copper?

    While China is the largest copper consumer, it isn’t self-sufficient in its raw material needs.

    By Mohit Oberoi, CFA
  • uploads///CLP Jan
    Macroeconomic Analysis

    Chilean Peso Falls on Weak Economic Data

    The Chilean peso depreciated against the US dollar on January 29, 2016, as reports indicated that copper production fell 5.5% in December 2015.

    By David Meyer
  • uploads///MXN
    Macroeconomic Analysis

    Mexican Peso’s Fortunes Are Linked to the US Dollar

    The Mexican peso and US dollar are interconnected. Due to bullish forecasts in the US dollar, there are high expectations for the Mexican peso in 2016.

    By David Meyer
  • uploads///mxn
    Macroeconomic Analysis

    Mexican Peso Fell despite Positive Domestic Data

    The Mexican peso fell against the US dollar on December 21, 2015. It fell even though October’s retail sales were close to the consensus forecasts.

    By David Meyer
  • uploads///key timelines
    Company & Industry Overviews

    An Investor’s Guide to Southern Copper

    Southern Copper (SCCO), incorporated in 1952 as Southern Peru Copper, acquired Minera Mexico in 2005 to become the largest mining company in Mexico and Peru.

    By Mohit Oberoi, CFA
  • uploads///production process refined copper sales
    Company & Industry Overviews

    Understanding Southern Copper’s Production Process

    Southern Copper uses an SX-EW production process for a large portion of its production. The SX-EW process uses acid produced as a byproduct in copper smelting to produce copper.

    By Mohit Oberoi, CFA
  • uploads///geographical breakup
    Company & Industry Overviews

    Southern Copper’s Geographical Diversification

    Mexico was Southern Copper’s (SCCO) biggest market in 2014, followed by Peru, Latin America, the United States, Asia, and Europe.

    By Mohit Oberoi, CFA
  • uploads///part  copper prices
    Company & Industry Overviews

    Could Southern Copper Offer Stable Returns in Global Sell-Off?

    Southern Copper (SCCO) has managed to hold its ground amid the global sell-off in metal shares. Based on September 15 closing prices, SCCO’s stock is down only about 2% this year.

    By Mohit Oberoi, CFA
  • uploads///Capture
    Macroeconomic Analysis

    Brazilian Real Nears All-Time Lows in 2015

    The Brazilian real has been trading on a weaker note against the US dollar in the last year after depreciating by more than 40% against the US dollar.

    By David Meyer
  • uploads///Brazil Sep
    Macroeconomic Analysis

    Brazilian Real Falls after Credit Rating Downgrade

    The Brazilian real underwent massive depreciation of 1.89% against the US dollar on September 10 after the country’s credit rating went from “investment-grade” to “junk” status the night before.

    By David Meyer
  • uploads///Brazil GDP Q
    Macroeconomic Analysis

    Brazilian Real Is Trading near 12-Year Lows

    The Brazilian real fell by 0.88% against the US dollar on August 28, 2015. GDP data for the second quarter confirmed a contraction in the economy.

    By David Meyer
  • uploads///part  growth
    Earnings Report

    Will Freeport-McMoRan’s Growth Projects Pay Off?

    Freeport is pursuing the Cerro Verde mill growth project in Peru. Freeport owns a 53.56% stake in Cerro Verde. It’s expected to become the world’s largest copper concentration capacity.

    By Mohit Oberoi, CFA
  • uploads///chile copper production
    Macroeconomic Analysis

    Copper Production in Peru, Chile Falls in First 3 Months of 2015

    According to the World Bureau of Metal Statistics, Peru’s refined copper production declined in the first three months of the current year.

    By Mohit Oberoi, CFA
  • uploads///part
    Macroeconomic Analysis

    China Is Investing Beyond Its Borders to Secure Copper Supply

    China has only 4% of the world’s copper supply, but it accounts for more than 42% of global copper consumption. Latin America is China’s largest copper supplier.

    By Mohit Oberoi, CFA
  • uploads///china copper imports
    Macroeconomic Analysis

    Why Should Investors Track Chinese Copper Imports?

    Higher Chinese copper imports are positive for the global copper industry. Imported copper ore is processed further to produce refined copper.

    By Mohit Oberoi, CFA
  • uploads///Global reserves of copper
    Macroeconomic Analysis

    Supply-Side Bottlenecks Lend Support to Copper Prices

    Spot copper prices on the LME were trading at $6,356 per metric ton on May 15, 2015. Copper lost some heat in the last few trading sessions.

    By Mohit Oberoi, CFA
  • uploads///part  copper prices
    Macroeconomic Analysis

    Is Doctor Copper Healing the Economy?

    Analysts see copper prices as a reflection of the health of the global economy. For that reason, copper has been dubbed Doctor Copper.

    By Mohit Oberoi, CFA
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