Published on Tuesday, April 7, 2015 | Updated on Thursday, April 9, 2015

Flows and Assets Report | First Quarter 2015

Summary

Divergent monetary policy paths and US dollar appreciation have?driven capital flows during the period. Our models suggest that flows moderated further and the re-allocation process ?is still? alive. Global factors ?remain key drivers, but local factors are emerging. Flows will still adjust but more moderately than before. Russian assets recovered but risks remain.

Geographies

Authors

Gonzalo De Cadenas Santiago
Álvaro Ortiz BBVA Research - Head of Analysis with Big Data
Sonsoles Castillo BBVA Research - Chief Economist for Financial and Economic Analysis
Cristina Varela BBVA Research - Principal Economist
Alejandro Neut BBVA Research - Lead Economist
Irene Roibas Millan

Documents and files


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Report (PDF)

Flow_and_Assets Report_Q12015_public

English - April 7, 2015

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