Commentary
Add as a preferred source on GoogleQuotes from Barclays Capital: -Tighter monetary policy, continued FX interventions and constructive fiscal policy set the BRL apart from the EM pack. However, the medium-term outlook for the BRL is not as rosy. -We expec…
Quotes from Barclays Capital:
-Tighter monetary policy, continued FX interventions and constructive fiscal policy set the BRL apart from the EM pack. However, the medium-term outlook for the BRL is not as rosy.
-We expect the currency to weaken on account of its weak external fundamentals and we forecast the BRL to move to 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…
