
Brazil's real fell 1.3% on Friday after IBGE reported unemployment jumped to a record 14.4 million in the three months through February. Brazil became the second country to pass 400,000 COVID-19 deaths, though the real still posted its best monthly gain since November.
Weak domestic labour data and rising COVID deaths weigh on Brazil's economic outlook and sentiment, while a stronger real makes Brazilian exports more expensive in dollar terms, a modest headwind for Brazilian soy and corn competitiveness.
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.