Laden…
BBH strategists said Temer's presidency is in jeopardy after reports of compromising recordings, and that the pension reform vote has been suspended. The real came under heavy pressure, with BRL futures hitting limit moves.
If Temer is forced out, reform stalls and the real is likely to weaken further, which lowers the dollar cost of Brazilian feed exports.
octaafrica.net18 mei 2017Na 12 eerdere opwaarts beleid-gebeurtenissen bewoog Braziliaanse real (BRL per USD) zich mediaan +1,5% over 5 sessies (58% hoger; middelste helft -1,1% tot +2,0%), en +2,3% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
Same-day analysis tied the selloff to Temer's presidency being in jeopardy and the suspended pension reform vote, with BRL futures hitting limit moves, showing the political-risk repricing.
Temer's presidency in jeopardy and suspended pension reform vote caused heavy BRL selling with futures hitting limit moves, a political risk-premium mechanism.
