The Weakness Of Commodities Will Drag Out The Difficulties Faced By Exporting Countries.

As oil and other raw materials prices continue to be low, commodity exporters will face more difficulties.

The report emphasizes that

Price declines have also weighed on the countries concerned.

It also means that stimulating the economy through low interest rates and raising public spending may backfire, leading to inflation rather than boosting employment and investment.

The study undoubtedly supported the IMF's previous proposals and requirements, that is, countries need to implement deep structural reforms to improve economic output, rather than relying on quick solutions.

Specifically, with

Growth prospects are weakening and commodity prices will continue to slump, which may lead to a 2015-2017 year average growth rate of 1 percentage points for commodity exporters than 2012-2014 years.

The study also shows that the impact of exports of crude oil and other energy products may be more than two times that of the above scale.

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According to Bloomberg, Scott Minerd, chief investment officer of Guggenheim Partners, said he expects China to devalue the renminbi again in the next 3-6 months, which should benefit Brazil's Brazil and St Paul stock index.

Guggenheim Partners (Guggenheim partnership) is headquartered in New York and manages 240 billion US dollar assets. Scott Minerd is the chief investment officer in the world.

Guggenheim Partners is a privately held global Financial Services Company.

According to relevant information, the company is controlled by the Guggenheim family with Ashe Kenna Jewish origin.

"The depreciation of the RMB will make China's economy more competitive in the export market and will further reduce interest rates in China," Minerd said in an e-mail in September 28th. "This will help China's economy, stabilize commodity prices and boost Brazil."

The Brazil St Paul stock exchange index fell eight days in September 28th, reaching its lowest level since 2009. In view of signs that China's growth in its largest trading partner has slowed sharply, analysts' views on Brazil's economy have become more pessimistic.

The Brazil St Paul stock exchange index has fallen by 43% in dollar terms this year, the worst in the world's major stock markets, as Brazil moves towards the longest recession since 1930s, when inflation is above target and political stagnation hinders the government's consolidation of budgetary efforts.

After data showed that the biggest drop in profits of Chinese industrial enterprises since 2011 has been overshadowed by the prospect of Brazil's raw material export enterprises, popularity has worsened in September 28th.

About 20% of Brazil's exports are exported to China.

Minerd said that the depreciation of the Renminbi should mark the bottom of Brazil's economy and boost Real.

Real has fallen 35% this year, the biggest in the major currencies, and Brazil has lost the investment grade rating granted by standard & Poor's.