
BBH strategists said Temer's presidency is in jeopardy after reports of compromising recordings, and that the pension reform vote has been suspended. The real came under heavy pressure, with BRL futures hitting limit moves.
If Temer is forced out, reform stalls and the real is likely to weaken further, which lowers the dollar cost of Brazilian feed exports.
Nach 12 vergangenen Ereignisse (bullisch, Politik) bewegte sich Brasilianischer Real (BRL pro USD) im Median über 5 Handelstage um +1,5 % (58% höher; mittlere Hälfte -1,1 % bis +2,0 %) und über 20 Handelstage um +2,3 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
Same-day analysis tied the selloff to Temer's presidency being in jeopardy and the suspended pension reform vote, with BRL futures hitting limit moves, showing the political-risk repricing.
Temer's presidency in jeopardy and suspended pension reform vote caused heavy BRL selling with futures hitting limit moves, a political risk-premium mechanism.