Brazil Real Buoyed by Positive Political, Economic Sentiment: CA
Source: BFW (Bloomberg First Word)
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Vladimir Caramaschi (Credit Agricole Brasil SA DTVM/Brazil)
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UUID: 7947283
(Bloomberg) -- Gains made by Brazilian assets reflect a combination of positive sentiment that spending cap bill will be approved tomorrow and improving scenario for economy, Vladimir Caramaschi, chief-strategist at Credit Agricole Indosuez, says in a phone interview.
Alert: HALISTER1- “The market is becoming more confident”
- BCB survey of economists showed improving inflation expectations, adding to optimism
- USD flow generated by repatriation bill also helps, despite being expected
- NOTE: BRL rises the most among EMFX; DI rates drop, stocks gain
Source: BFW (Bloomberg First Word)
People
Vladimir Caramaschi (Credit Agricole Brasil SA DTVM/Brazil)
To de-activate this alert, click here
UUID: 7947283