# Brazilian assets: highly driven by global developments - Rabobank — Octa

> Rabobank analysts say Brazilian assets are moving mainly with global developments, including a rise in US Treasury yields and US dollar strength tied to expected Fed tightening. The real weakened 1.2% last week, and the economy and job market continue to improve gradually while fiscal outlook remains clouded by rising debt and mandatory spending.

- Date: 2017-10-02 · published 2017-10-02T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/68652-brazilian-assets-highly-driven-by-global-developments-rabobank-octa
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A weaker real lowers the dollar cost of Brazilian soybeans, meal and corn, which can pressure world feed prices, though the effect is modest in this market commentary.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2023-10-11 | [Brazil: How higher for how longer? – Rabobank — Octa](https://feedsoft.ai/events/33833-brazil-how-higher-for-how-longer-rabobank-octa.md) | -1.0% | -3.9% |
| USDBRL | 2026-10-01 | [Brazilian Real: Exchange rate seen weaker into year-end – Rabobank](https://feedsoft.ai/events/17671-brazilian-real-exchange-rate-seen-weaker-into-year-end-rabobank.md) | -3.5% | +4.1% |
| USDBRL | 2026-08-28 | [Brazilian Real Weakens as Fed Hike Bets Rise](https://feedsoft.ai/events/18106-brazilian-real-weakens-as-fed-hike-bets-rise.md) | -1.2% | +0.4% |
| USDBRL | 2026-06-02 | [Brazilian Real: Politics drive correction against US Dollar – Commerzbank](https://feedsoft.ai/events/12077-brazilian-real-politics-drive-correction-against-us-dollar-commerzbank.md) | +2.7% | +2.7% |
| USDBRL | 2024-10-30 | [FX rate hits 2021 high as foreign investors bet against Brazilian real](https://feedsoft.ai/events/28081-fx-rate-hits-2021-high-as-foreign-investors-bet-against-brazilian-real.md) | +0.8% | +2.6% |

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/495881/

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