Brazilian Real Gains With EM Peers; DI Rates Drop After Minutes
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- BRL rises tracking broad EMFX advance and pares yesterday’s losses.
Alert: HALISTER1- BRL up 0.5% to 3.2664 per dollar; DI Jan 21 rate drops 4bps;
- Copom minutes maintains last Wednesday’s changed statement language, which opened room for a rate cut citing fiscal reforms and slow inflation as required conditions for the move
- Temer govt reform effort under continued pressure; some allies try to ease bill aimed to cap public spending, newspapers say
Source: BFW (Bloomberg First Word)
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UUID: 7947283