HALISTER1: Brazilian Real Advances; Temer Spending Veto

Brazilian Real Advances; Temer Spending Veto

(Bloomberg) -- BRL gains; U.S. rates and local budget fix in focus.
  • BRL rises 0.2% at 3.2959 per dollar; DI Jan 21 rate -3bps
  • Temer vetoes wage increase for public defenders to avoid spending rise; yday, lawmakers pledged support for reforms
  • IPC-S weekly inflation 0.27% m/m; est. 0.28%
  • BCB auctions up to 5,000 reverse FX Swaps, 9:30am-9:40am local time
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Source: BFW (Bloomberg First Word)

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