Brazil’s Economy to Contract Again in 2016, Rebounding Growth Conditions to Show up in 2017

Growth Aces: Short Usd/cad at 1.2925, Stop Loss 1.31 and Target 1.2550

Admiral Markets: Short Aud/usd at 0.7392, Target 0.7285/0.7220

Romanian Central Bank Governor Isarescu says Without First Round Impact of Vat Cuts, Inflation Would be at 1.9 Pct at End-2016, 2.9 Pct at End-2017

Romanian Central Bank Governor Isarescu says 2017 Inflation Forecast Set at 2.7 Pct Y/y Vs 3.4 Pct