
The Brazilian real gained after leftist former president Luiz Inacio Lula da Silva, the front-runner in the presidential race, said he would like former Sao Paulo governor Geraldo Alckmin as his running mate. The move reflects easing political risk ahead of the October election.
Reduced political uncertainty in Brazil supports a firmer real, which can slightly lift the cost of Brazilian dollar-priced soy and corn exports. The effect on feed prices is modest.
Setelah 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.