The weekly central bank survey shows that Brazil's inflation continues to be under pressure.The highlight of the latest survey published on Monday shows that markets see inflation at 8.97% by the end of the year from 8.3…
The weekly central bank survey shows that Brazil's inflation continues to be under pressure.
The highlight of the latest survey published on Monday shows that markets see inflation at 8.97% by the end of the year from 8.37% a month ago. In what concerns USD-BRL, market participants see this variable at 3.20 by the end of the year (median of the sample) and at 3.40 y the end of 2016.
According to Commerzbank, "We see faster depreciation for the BRL in the next months that should intensify with the beginning of monetary normalization in the US. Our own forecasts see USD-BRL at 3.40 by year-end".
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
