Memuat…
Credit Suisse and most analysts expected the Banco Central do Brasil to raise its policy rate by 100bps at its August 4 meeting. Credit Suisse said a hawkish stance with forward guidance for further 100bps hikes would support the real.
It kept a near-term USD/BRL target of 5.00 and flagged political and fiscal risks.
Expected aggressive rate hikes widen Brazil's carry advantage and tend to strengthen the real, which lowers the local-currency cost of dollar-priced feed imports. A stronger real can also encourage Brazilian exporters to sell grain more slowly.
octaafrica.net4 Agu 2021Setelah 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.
