Laden…
Brazil's central bank kept the Selic rate at 6.50% at its 16 May meeting, ending a run of twelve consecutive cuts, against consensus expectations of a 25 bps cut. The decision followed a sharp 12% fall in the real against the dollar since March, which shifted the balance of risks toward higher inflation.
The bank signaled the rate would be held steady, marking the end of the easing cycle.
A halt to rate cuts and a weaker real raise Brazil's domestic inflation risk and make Brazilian export origin cheaper in dollar terms, which weighs on world feed prices. Higher domestic borrowing costs could also slow Brazilian livestock and feed-using sectors.
latribune.lazardfreresgestion.frLazard Freres Gestion22 mei 2018Na 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.
