Brazilian Real Weakens, DI Rates Up; Retail Sales Drop
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- BRL follows weaker EM currencies tied to commodities as oil and iron ore drop.
Alert: HALISTER1- BRL declines 0.7% to 3.2704 per dollar, paring yesterday’s gains after Fed’s Brainard kept dovish message
- BCB maintains auction of 10,000 reverse swaps
- DI Jan 21 rate +5bps; July retail sales m/m -0.3%, est. -0.2% (prior 0.1%); broad retail -0.5%, est. 0.8% (prior -0.2%)
- Brazil set to outline later today a plan to auction 25 infrastructure contracts, Globo says
- Lower House approves ousting former speaker Cunha
Source: BFW (Bloomberg First Word)
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UUID: 7947283