Weekly Report - 7 February 2013 (WR-13-05)

Argentina is not the only Mercosur country fiddling with costs and prices. The economic policy signals coming out of Brazil are getting muddier by the day, confusing the markets and deepening the bearish investor sentiment on the country. The local Bovespa has fallen 3.45% to date this year and is down almost 10% on a year ago.