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Brazil’s Financial Morning Update: Sep 26, 2024

Brazil’s Financial Morning Update: Sep 26, 2024

Discover the key events shaping Brazil’s economic landscape today. The release of the Central Bank’s Quarterly Inflation Report will provide critical insights into inflation trends and monetary policy. Keep an eye on the FGV Industry Survey for industrial sector sentiment and the Caged report for job creation data. The Treasury’s Monthly Public Debt Report will reveal Brazil’s fiscal position amidst market skepticism.

Internationally, watch the U.S. GDP data, jobless claims, and a speech by Federal Reserve Chair Jerome Powell. These events could impact global market sentiment and Brazil’s financial markets.

Economic Agenda, Thursday, September 26

Brazil

  • 08:00: BCB: Quarterly Inflation Report
  • 08:00: FGV: Industry Survey
  • Caged: Formal Job Creation
  • Treasury: Monthly Public Debt Report

Market Highlights

Brazil’s stock market saw a downturn despite positive signals from China. The US dollar strengthened against the Brazilian real, reflecting global economic shifts. U.S. markets retreated from record highs, while gold prices surged and oil prices fell.

Corporate News

Prio eyes oil sector acquisition, BTG Pactual expands in Miami, and WEG invests in domestic production. Watch for the impact of China’s yuan surge on Brazil’s trade dynamics and monitor Brazil’s inflation trends for future policy implications.

Stay informed with Brazil’s Financial Morning Call for September 26, 2024.



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