Laden…
TD Securities expects the Brazilian central bank to cut its Selic rate by 50 basis points at its October meeting and to signal further easing. Analysts cite inflation at or below target and a large output gap as reasons for the cut.
They also note that the real will remain tied to broad dollar moves and fiscal reform prospects.
Lower Brazilian rates tend to weaken the real, which can make Brazilian soybean and corn exports more competitive on world markets. The effect on feed prices is likely to be small unless the currency move is large.
octaafrica.net30 okt 2019Na 301 eerdere opwaarts macro-gebeurtenissen bewoog Braziliaanse real (BRL per USD) zich mediaan +0,4% over 5 sessies (57% hoger; middelste helft -1,2% tot +1,7%), en +1,0% 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.
