Markets stabilize as Central Bank acts, House OKs spending review

After 13 past bearish policy events, Brazilian Real (BRL per USD) moved a median -3.4% over 5 sessions (15% higher; middle half -3.4% to -1.3%), and -1.9% over 20.

• Jun 25, 2025Brazil’s Central Bank intervention in FX market raises questions-0.7%
• Oct 31, 2024Brazilian government reaches agreement on spending cuts-1.3%
• Jan 3, 2019Brazil markets soar as new government vows to shrink state-3.4%
• Jul 3, 2024Lula approves spending cuts to meet Brazil's fiscal framework, says minister | Reuters-4.8%
• Oct 3, 2022Brazil markets post best day since 2020 as Bolsonaro outperforms polls-3.4%

After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.

• May 21, 2025Spending Impacts of PLC and ARC-CO in House Agriculture Reconciliation Bill - farmdoc daily-0.4%
• Apr 26, 2021Argentina's central bank blocks bankrupt soy giant from exchange markets | Financial Post+2.0%
• May 27, 2025House Farm Bill Reconciliation Summary Overview | Farm Office-2.5%
• Oct 20, 2019China’s yuan exchange rate ‘appropriate’ after recent weakening, central bank chief says | South China Morning Post-1.5%
• Feb 27, 2026RVO Crossroads: How EPA’s Biofuel Decision Could Reshape Grain Markets This Spring - AgWeb+1.4%