
Brazilian shares hit an all-time high before closing 3.6% higher on January 2, 2019, and the real firmed 2.4% for its best day in over seven months. Markets reacted to reports that Economy Minister Paulo Guedes had drafted a temporary decree for pension reform.
Currency strength driven by pro-reform policy makes Brazilian agricultural exports pricier in dollar terms, a mild bearish factor for soybean and meal export prices.
Tras 13 eventos bajista de política pasados, Real brasileño (BRL por USD) se movió una mediana de -3,4 % en 5 sesiones (15% al alza; mitad central entre -3,4 % y -1,3 %), y -1,9 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
Reports the real's best day in over seven months (+2.4%) as investors reacted to Guedes' pension reform decree plans, a sentiment-driven inflow that lowered BRL per USD.