
The Central Bank of Brazil voted unanimously to cut the Selic rate by 50 basis points to 5.50%, the second consecutive cut and a record low. The committee cited a gradual economic recovery, a global slowdown and continuing domestic reforms.
Lower domestic rates weaken the real and can make Brazilian commodity exports more price-competitive. The move reinforces the currency pressure that tends to support USD-denominated export prices for soybeans and meal.
Setelah 301 peristiwa makro bullish sebelumnya, Real Brasil (BRL per USD) bergerak median +0,4% selama 5 sesi (57% lebih tinggi; separuh tengah -1,2% sampai +1,7%), dan +1,0% 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.