BRL: Real hits four year low on fiscal concerns

After 301 past bullish macro events, USDBRL moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.7%), and +1.0% over 20.

• Oct 19, 2021Brazil's real slumps on fiscal concerns, Petrobras slides+1.4%
• Dec 16, 2024Brazil currency hits record low amid ongoing fiscal woes+0.3%
• Feb 9, 2021Brazil's real leads Latam FX losses on fiscal concerns - Markets - Business Recorder+1.2%
• Aug 30, 2024Brazil Real Swings on Fiscal Woes, Central Bank Interventions-0.8%
• Nov 14, 2016Brazil real weakens for fourth day as Trump concern boosts U.S. yields+0.7%

After 117 past bearish macro events, SBM moved a median -0.6% over 5 sessions (41% higher; middle half -2.5% to +1.7%), and +0.5% over 20.

• Dec 16, 2024Brazil currency hits record low amid ongoing fiscal woes+2.8%
• Aug 5, 2024Brazilian real depreciation stirs economic concerns-7.8%
• Dec 18, 2024Brazil's real hits record low as markets eye govt spending | Reuters+1.6%
• Jan 9, 2023Brazil’s Real Weakens Following Attacks on Government Buildings+1.7%
• Jan 20, 2023Brazil's real set for 2% weekly loss on worries over c.bank independence | Financial Post+0.6%

After 301 past bearish macro events, CORN moved a median -0.1% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +0.2% over 20.

• Apr 27, 2022Dollar hits five-year high, growth concerns dent euro-6.4%
• Aug 5, 2024Brazilian real depreciation stirs economic concerns-1.7%
• May 5, 2022Dollar index hits 20-year high, sterling tumbles on dovish BoE+6.2%
• Apr 16, 2024USD Dollar Heads for Best Run in Year in Bet on Fed Delaying Cuts - Bloomberg-0.3%
• Oct 29, 2022Corn, wheat sag on firm dollar, concerns over US export demand - Markets - Business Recorder-2.2%