
Analysts at ING expected the Brazilian central bank to cut the Selic rate by 75 basis points to a record low of 2.25% at its June 17 meeting. They said the key question was whether the bank would signal that further cuts were off the table.
Lower Brazilian rates weaken the real and can encourage farm sales in dollars, which affects the export competitiveness of Brazilian soy and corn.
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.