China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
How AI prompting turned writerly description into an everyday skill 
How Donald Trump has changed the way diplomacy is done 
Goldman Sachs: US Dollar Likely to Stay Strong Despite Oil Price Retreat 
AI Memory Boom Sparks Global Chip Supply Crunch 
World Cup technology: from ref cams to AI analysts, cutting-edge research is changing the game 
Sell the Bounce": Gold Rally Stalls Near $4165 as Fed Hawks Slam the Door on Rate Cuts — Targets $4000/$3600 
J.P. Morgan Sees Potential Vestas Guidance Upgrade Amid Strong Wind Energy Demand 
SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead 
Brazilian Real (BRL) has been falling against dollar for last six months, it reached 3.315 prior to FOMC last month when dollar was slashed lower by dovish comments and projections from FOMC participants. Real has gained back some grounds since trading at 3.185 against dollar.
- However, Real depreciation may not have run its course. It might still go down against other majors and developed counterparts should FOMC keep slashing dollar down in future meetings.
- GDP is expected to shrink this year, might reach -0.5 to -1%. Latest PMI report suggested slowdown has accelerated in March. Manufacturing PMI dropped to 42 month low, dropped sharply to 46.2 from 49.6 in February.
- Inflation continue to persist higher. Producers experiencing continual price rise for consecutive 5 months. Inflation as of February stands at 7.7%. Central bank's 12.75% rate might be increased further. Output cost to consumers rose to 16 month high.
- To add to the woe Brazil's export commodity prices namely orange juice, Coffee, Sugar all are relatively lower.
Moreover escalation of political protests might deteriorate situation further. Chart courtesy Trading economics via Soberlook.
