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Krka To See Tepid Growth In 2015

Given its exposure to Russia, Krka will experience another challenging year for growth in 2015, resulting in the company struggling to meet its growth objectives for the year. We are positive on the...

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Monthly Metals Strategy

Industrial metals will remain subdued in the coming quarters and our price forecasts are generally below consensus estimates compiled by Bloomberg. Our view is supported by our strategy table,...

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Petrobras Scandal Exacerbating Lending Slowdown

Asset and loan growth in Brazil is set for a further slowdown in the coming quarters. Poor consumer confidence and an ongoing corruption scandal at national oil company Petrobras will weigh on demand...

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