Latin American currencies weakened against the dollar on Thursday, with Brazil's real and Chile's peso each falling as much as 1%. Brazil's manufacturing PMI hit four-month highs in June, while Chile's economic activity rose 18.1% in May.
Political pressure on President Bolsonaro over pandemic handling and a suspended vaccine procurement deal also weighed on sentiment.
Currency weakness in Brazil can make its soybean, corn and meal exports cheaper in dollar terms, which can pressure world prices, though the effect here is small and driven mainly by sentiment.
Setelah 92 peristiwa makro netral sebelumnya, Real Brasil (BRL per USD) bergerak median +0,4% selama 5 sesi (58% lebih tinggi; separuh tengah -0,7% sampai +1,4%), dan +0,4% 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.