LatAm Daily | Vice-president Michel Temer to assume presidential duties today in Brazil

At the beginning of the day in Brazil, the Senate will very likely admit for analysis the impeachment case, implying that President Rousseff will have to step aside. Meanwhile, retail sales contracted in March, adding a downward bias to our GDP forecasts. In Peru, we expect the CB to keep the MPR at its current 4.25% level in the monetary policy meeting to be held today.

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