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Brazil's real gained more than 2% against the dollar after falling about 2% earlier in the session, following Luiz Inacio Lula da Silva's election as president. The Bovespa index opened down 2% but closed up 1.3%, and MSCI's Brazil index gained 4%.
The election outcome lifted Brazilian assets and the real, which tends to make Brazilian exports and feed-linked costs somewhat cheaper for dollar buyers. The move is mostly a currency and equity reaction with limited direct effect on feed supply.
reuters.comTatiana Bautzer31 Okt 2022Setelah 213 peristiwa makro bearish sebelumnya, Real Brasil (BRL per USD) bergerak median -0,2% selama 5 sesi (46% lebih tinggi; separuh tengah -1,5% sampai +0,9%), dan +0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
