Brazil’s Real Weakens Following Attacks on Government Buildings

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.

• Nov 11, 2024Brazil's currency weakens amid government delays in announcing new fiscal measures | Reuters-0.6%
• 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%
• Jan 23, 2024Brazil's real weakens past 5.00 per dollar for 1st time since November-0.8%
• Aug 28, 2026Brazilian Real Weakens as Fed Hike Bets Rise-1.2%

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.

• Nov 11, 2024Brazil's currency weakens amid government delays in announcing new fiscal measures | Reuters-1.9%
• Jan 23, 2024Brazil's real weakens past 5.00 per dollar for 1st time since November-0.4%
• Dec 18, 2024Brazil's real hits record low as markets eye govt spending | Reuters+1.6%
• Nov 12, 2024Brazil’s real weakens, interest rates climb under Trump effect-1.9%
• Aug 13, 2024Brazil's central bank had no reason to intervene in FX amid 'accelerated weakening'-2.6%