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Add as a preferred source on GoogleData to the middle of the month show that Brazil inflation has continued to climb. At the same time, the minutes from last month's COPOM meeting, in which the Selic was also hiked by 50bp, gave no hint that policymakers …
Data to the middle of the month show that Brazil inflation has continued to climb. At the same time, the minutes from last month's COPOM meeting, in which the Selic was also hiked by 50bp, gave no hint that policymakers are about to slow the pace of tightening, despite mounting evidence that the economy contracted in Q1.
Capital Economics expect COPOM to raise the benchmark Selic interest rate by another 50bp to a six-year high of 13.25%. (Decision due on Wednesday)
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…
