# Emerging Markets Are in the Fastest Collapse in a Generation - Bloomberg

> Brazilian stock markets triggered circuit breakers six times in eight days as the coronavirus crisis deepened. The real fell 2% on March 9 when oil crashed, then 3.7% and 3.2% in subsequent sessions.

- Date: 2020-03-19 · published 2020-03-19T12:00:00.000Z
- Category: macro · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/11018-emerging-markets-are-in-the-fastest-collapse-in-a-generation-bloomberg
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A weaker real raises the local cost of imported inputs and adds inflation pressure on Brazilian feed and livestock buyers. The currency move also shifts export competitiveness for Brazilian agricultural commodities.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2018-06-07 | [Skittishness hits emerging markets, and the Fed's getting the blame](https://feedsoft.ai/events/5379-skittishness-hits-emerging-markets-and-the-fed-s-getting-the-blame.md) | -2.8% | +2.8% |
| USDBRL | 2018-08-23 | [Here’s how Jackson Hole could impact the dollar, bonds and emerging markets - MarketWatch](https://feedsoft.ai/events/63695-here-s-how-jackson-hole-could-impact-the-dollar-bonds-and-emerging-markets.md) | +1.2% | +0.2% |
| USDBRL | 2018-06-06 | [El-Erian Warns Brazil May Be Next Emerging-Market Domino to Fall - Bloomberg](https://feedsoft.ai/events/5381-el-erian-warns-brazil-may-be-next-emerging-market-domino-to-fall-bloomberg.md) | -2.7% | +2.7% |
| USDBRL | 2020-03-19 | [Why the U.S. dollar’s relentless rally is causing pain for emerging markets - MarketWatch](https://feedsoft.ai/events/7018-why-the-u-s-dollar-s-relentless-rally-is-causing-pain-for-emerging-markets.md) | -1.1% | +2.8% |
| USDBRL | 2022-03-10 | [EMERGING MARKETS-Latam FX falls as dollar gains on inflation data; rouble steadies - Supply Chain Council of European Union \| Scceu.org](https://feedsoft.ai/events/42559-emerging-markets-latam-fx-falls-as-dollar-gains-on-inflation-data-rouble.md) | +2.3% | -6.1% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2020-03-19/emerging-markets-are-in-the-fastest-collapse-in-a-generation

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.