Oil Prices Rise as U.S.-Iran Tensions Grip Strait of Hormuz 
Wall Street Falls as Oil Prices Rise, Fed Minutes and Retail Earnings in Focus 
Trump Says Iran Talks Halted as Strait of Hormuz Dispute Fuels Oil Concerns 
US Dollar Slips as Soft Economic Data Eases Fed Rate Hike Expectations 
Canada Faces 50% U.S. Tariffs as Trade Tensions Threaten USMCA Talks 
European Stocks Edge Higher as Fed Rate Pause Bets Rise 
Gold Prices Edge Higher as Dollar Weakens Ahead of Fed Minutes 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Gold Prices Hold Near $4,400 as Fed Rate Hike Bets Fade 
Oil Prices Rise as Iran-U.S. Tensions Threaten Strait of Hormuz Supply 
Asian Chip Stocks Plunge as Bond Yields Fuel AI Valuation Fears 
Add as a preferred source on Google
Consumer price inflation in Brazil dropped during the month of November, paving further way for a monetary policy easing.
Brazil’s consumer price inflation fell to 6.99 percent, from 7.87 percent in the preceding month, data released by the Instituto Brasiliero de Geografia e Estatistica showed Tuesday. However, it remained higher than what markets had initially anticipated.
According to the Brazilian Central Bank’s (BCB) Governor Ilan Goldfajn, Slowing inflation and anchored inflation expectations provide room for the BCB to ease monetary policy, but only structural reforms can pave the way for sustainable rate cuts.
Inflation eased much more than expected in November, boosting market bets that the central bank could accelerate the pace of rate cuts in its January meeting.
Meanwhile, the USD/BRL traded flat at 3.34, down -0.19 percent.
