Spending cuts contrast with expanded income tax exemption

Tras 301 eventos alcista de macro pasados, Real brasileño (BRL por USD) se movió una mediana de +0,4 % en 5 sesiones (57% al alza; mitad central entre -1,2 % y +1,7 %), y +1,0 % en 20.

• 1 ago 2019Brazil's Larger-Than-Expected Rate Cut Is a Sign of More to Come+6,1 %
• 23 ene 2020With a Big Crop Expected, Brazil's Soybean Harvest Is Slow+0,7 %
• 19 mar 2020Emerging Markets Are in the Fastest Collapse in a Generation - Bloomberg-1,1 %
• 9 oct 2023Latam FX Talking: Carry trade unwind recommends caution | ING THINK-1,9 %
• 25 jun 2024Lula’s spending plans turn heat on Brazilian markets+3,4 %

Tras 117 eventos bajista de macro pasados, Harina de soja se movió una mediana de -0,6 % en 5 sesiones (41% al alza; mitad central entre -2,5 % y +1,7 %), y +0,5 % en 20.

• 25 jun 2024Lula’s spending plans turn heat on Brazilian markets-1,8 %
• 26 abr 2022PBOC seeks to calm markets with reserve ratio cut - Asia Times-2,5 %
• 18 dic 2024Brazil's real hits record low as markets eye govt spending | Reuters+1,6 %
• 29 sept 2023China Brief 97 | China's recovery stalls, Canada-India tensions and trade, and a change to China Brief Canada West FoundationCanada West Foundation-4,6 %
• 28 nov 2024BRL: Real hits four year low on fiscal concerns – ING — Elev8-1,3 %

Tras 301 eventos bajista de macro pasados, Maíz se movió una mediana de -0,1 % en 5 sesiones (47% al alza; mitad central entre -2,2 % y +1,3 %), y +0,2 % en 20.

• 9 oct 2018IMF cuts world economic growth forecasts on tariff war, emerging market strains+4,1 %
• 5 dic 2022Recession fears spur wheat cuts – The Seam-0,2 %
• 1 mar 20202020 Merchandising Outlook: Experts Share Advice in a Time of… |…+1,7 %
• 27 jul 2024Chinese yuan hits eight-month low with missed inflation data and US dollar rebound | FX Blue-1,0 %
• 20 jun 2022Selling trend picks up in commodity markets-3,7 %