
Brazil's central bank chief said the country cannot rely on foreign funding in the short term. Brazil recorded a record $22.2 billion portfolio outflow in March and a further $7.3 billion outflow in April.
Foreign holdings of Brazilian bonds fell to their lowest level in April.
Capital outflows weaken the real and raise the local cost of imported feed inputs and fertilizers priced in dollars. Brazil's currency pressure can also shift export competitiveness for soy and corn.
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.