# InvesTalk | Opening | Market to react to IPCA and earnings amid negative external backdrop

> Brazil's October IPCA inflation rose 0.14% month on month, below expectations, with 12-month inflation at 4.63%. Markets also awaited a fiscal bill vote and external developments including Federal Reserve remarks.

- Date: 2026-11-12 · published 2026-11-12T15:10:34.916Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/95684-investalk-opening-market-to-react-to-ipca-and-earnings-amid-negative-external
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Softer domestic inflation has limited direct effect on feed commodity prices; the outlook mainly affects Brazilian interest rates and the currency.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2018-05-18 | [EMERGING MARKETS-Brazil real slumps despite intervention amid emerging market selloff](https://feedsoft.ai/events/9713-emerging-markets-brazil-real-slumps-despite-intervention-amid-emerging-market.md) | -1.8% | +1.2% |
| USDBRL | 2023-11-08 | [Emerging market currencies to claw back ground in 2024 as dollar fades: Reuters poll](https://feedsoft.ai/events/33378-emerging-market-currencies-to-claw-back-ground-in-2024-as-dollar-fades-reuters.md) | -0.2% | +0.7% |
| USDBRL | 2021-02-26 | [Brazil intervenes in FX markets to arrest real's fall — Octa](https://feedsoft.ai/events/48851-brazil-intervenes-in-fx-markets-to-arrest-real-s-fall-octa.md) | +1.4% | +2.6% |
| USDBRL | 2024-08-06 | [Dollar closes lower amid external relief and Copom minutes \| Brasil 247](https://feedsoft.ai/events/11947-dollar-closes-lower-amid-external-relief-and-copom-minutes-brasil-247.md) | -4.2% | -1.7% |
| USDBRL | 2017-11-27 | [International and Foreign Exchange Markets \| Statement on Monetary Policy – November 2017 \| RBA](https://feedsoft.ai/events/11659-international-and-foreign-exchange-markets-statement-on-monetary-policy.md) | +1.1% | +3.0% |

## Sources

- investalk.bb.com.br: https://investalk.bb.com.br/noticias/mercado/mercado-agora-12-11-26

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