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Add as a preferred source on GoogleBrazil's central government revenue grew 3.3% yoy and spending rose 5.7% yoy in March, resulting in a consolidated primary surplus of BRL0.2bn, but a fiscal deficit of -BRL69.3bn as the interest portion stood at BRL69.5b…
Brazil's central government revenue grew 3.3% yoy and spending rose 5.7% yoy in March, resulting in a consolidated primary surplus of BRL0.2bn, but a fiscal deficit of -BRL69.3bn as the interest portion stood at BRL69.5bn, an all time high.
As a result and despite the primary surplus of 1.4% of GDP, Brazil likely posted a fiscal deficit of -9.0% of GDP in Q1 after posting back-to-back high deficits of -9.6% and -8.3% in Q3 and Q4 last year, notes Societe Generale in a report on Tuesday.
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…
