The IMF's 2018 Article IV consultation for Brazil says the economy is recovering moderately after a 2015-16 recession that cut cumulative real GDP by 8.2 percent. Growth of 1 percent in 2017 is projected to accelerate to 1.8 percent in 2018 and 2.5 percent in 2019, driven by consumption and investment.
The IMF also estimates the output gap at about -3.5 percent and flags remaining risks.
A gradual Brazilian recovery supports domestic demand for feed grains and meat, but the risks flagged point to limited upside. The effect on feed prices is modest and mainly indirect.
Na 92 eerdere neutraal macro-gebeurtenissen bewoog Braziliaanse real (BRL per USD) zich mediaan +0,4% over 5 sessies (58% hoger; middelste helft -0,7% tot +1,4%), en +0,4% 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.