Moody's on Brazil, Russia and China this year and macroeconomic outlook
On August 17th)
Raising the world's largest emerging market economies in 2016 and 2017, the G20 is expected to emerging markets this year and grow 4, respectively.
4% and 5%.
moody's analysts said in a research note, they expect emerging market economic growth tends to be stable as a whole.
with Brazil, Russia, and China's macroeconomic outlook was raised, and the growth of Turkey and South Africa expected downgrade.
MadhaviBokil moody's vice President and senior analyst, said the capital seems back strong, and all over the world.
Compared with earlier this year, the financial market volatility fell, emerging markets as a whole have improved.
in 2015 Brazil's economy shrank by 3.
8%, may once again a contraction of 4% this year, but moody's Brazil's economy is forecast to resume positive growth in 2017.
Bokil think the economy improving, the reason is that acting President, MEL (
After companies and investors confidence in Brazil.
Russia's economic contraction in 2015 3.
7%, is expected to shrink again this year.
Moody's report, however, thanks to the rise in oil prices and industrial production growth, Russia's economic growth rate up to 2% in 2017.
China in 2016 and 2017 GDP growth forecast to 6 respectively.
6% and 6.
Raised based on the Chinese economy stabilises, the report said, rebound in commodity prices and capital flows to emerging markets.
and moody's also pointed out that the federal reserve (
Tightening cycle in 2016, one reason why slower pace increase.