Brazil's Campos Neto says a lack of confidence in handling of public accounts impacts market 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.

• Sep 12, 2024Brazilian market has firm prices and new area cut in the summer corn crop-2.9%
• Feb 11, 2023Clash Over Brazil’s Inflation Target Is Having an Impact on Its Markets-1.4%
• Jun 27, 2024Market confidence wanes, weakening Brazilian real+1.2%
• Dec 5, 2016How the Trump presidency could impact South American currency markets - Los Angeles Times-2.8%
• Jul 2, 2024Stress in domestic market continues, pressures Brazilian real-2.8%

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

• Jun 27, 2024Market confidence wanes, weakening Brazilian real+1.8%
• Jun 25, 2024Lula’s spending plans turn heat on Brazilian markets-1.8%
• Mar 18, 2020Brazil central bank wades into FX, bond markets but real slump accelerates | Financial Post+11.3%
• Oct 29, 2026The sharp fall in the real exchange rate has caused soybean meal prices to collapse in Brazil and China, which is increasing pressure on prices in Ukraine.-3.3%
• Jan 28, 2020Soybean market looking for good news | An official publication of Michigan Farm Bureau-2.7%

After 273 past bearish macro events, Soybeans moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.4%), and -0.5% over 20.

• May 18, 2017Brazil's Scandal Hits Soybean Prices-2.8%
• Jun 25, 2024Lula’s spending plans turn heat on Brazilian markets-1.3%
• Mar 18, 2020Brazil central bank wades into FX, bond markets but real slump accelerates | Financial Post+7.6%
• Apr 7, 2020Coronavirus Sends Crop and Livestock Prices into a Tailspin | Farm Bureau Intel Markets | American Farm Bureau Federation-1.0%
• Aug 29, 2016Fed impact on markets still in play-2.2%