Brazilian Real Underperforms Peers; DI Rises, CPI Outlook Eases
Source: BFW (Bloomberg First Word)
People
Henrique Meirelles (Brazil Secretaria do Tesouro National)
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UUID: 7947283
(Bloomberg) -- BRL drops, underperforming emerging-market peers buoyed by positive environment for higher-yielding assets after Friday’s U.S. job numbers.
Alert: HALISTER1- Brazil protests not a threat to reforms, Meirelles says
- BRL down 0.3% to 3.2653 per dollar; DI Jan 21 rate +3bps after three-day drop; Copom last Weds. changed statement, opening room for a rate cut; minutes of the meeting due tomorrow
- Economists surveyed by BCB cut 12-mth inflation outlook to 5.28% from 5.32% and 2016 GDP forecast to -3.20% from -3.16%
Source: BFW (Bloomberg First Word)
People
Henrique Meirelles (Brazil Secretaria do Tesouro National)
To de-activate this alert, click here
UUID: 7947283