
The Ibovespa gained 2.35% over the week to 172,457 points, and Wall Street also finished the week higher. The commercial dollar rose about 2.63% over the week to close at R$5.65, pressured by concerns over Brazil's public accounts and a stronger US dollar abroad.
Currency weakness in Brazil lowers the dollar cost of Brazilian grain and meal exports, which can add pressure to global soymeal and corn prices.
After 301 past bullish macro events, Brazilian Real (BRL per USD) moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.7%), and +1.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.