• CL
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Brazil stocks lower at close of trade; Bovespa down 1.33%

Brazil's stock market declined, led by losses in Consumption, Real Estate, and Industrials sectors, with notable poor performance by Companhia Brasileira De Distribuica and Pet Center Comercio.

• USD/BRL

Brazil's currency weakens, changing course despite aggressive rate strategy

Brazil's currency weakened against the dollar despite an interest rate hike, raising concerns about fiscal policy and the political landscape ahead of the 2026 elections.

• USD/BRL

Brazil's central bank hikes more than expected, signals more tightening ahead

• ABEV3
• AZUL4
• CL
• DX
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• PETZ3
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• VALE3

Brazil stocks higher at close of trade; Bovespa up 1.01%

• BRFS3
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• EUR/BYN
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• PETZ3
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• VAMO3

Brazil stocks higher at close of trade; Bovespa up 0.85%

Brazil's stock market closed higher with the Bovespa gaining 0.85%, led by strong performances from Finanzials and Real Estate sectors; commodity prices experienced mixed movements.

• BRAP4
• CL
• CMIN3
• DX
• EUR/USD
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• PCAR3
• PETZ3
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• VALE3

Brazil stocks higher at close of trade; Bovespa up 0.96%

Brazil's Bovespa gained 0.96%, led by Basic Materials, Industrials, and Telecoms; CSN Mineracao and Vale saw significant gains, while Companhia Brasileira and Cogna hit record lows.

• USD/BRL

Brazil central bank to step up rate hike campaign on Dec. 11- Reuters poll

Brazil's central bank is set to increase interest rates by 75 basis points amid rising inflation, with expectations of further hikes into 2025 to combat economic pressures.

• BRKM5
• CL
• CVCB3
• DX
• ELET3
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• HAPV3
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• MULT3
• USD/BRL

Brazil stocks higher at close of trade; Bovespa up 1.34%

Brazil stocks rose 1.34%, led by Real Estate and Financials; falling stocks outnumbered gainers. Gold and crude oil prices fell, while coffee prices rose.

• CL
• GC
• IBOV
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• USD/BRL

Brazil stocks higher at close of trade; Bovespa up 0.68%

Brazil's Bovespa index rose 0.68% on Tuesday, led by gains in key sectors. Notable performers included 3R Petroleum and Caixa Seguridade, while Ez Tec shares fell to new lows.

• AGRO
• JBSS3
• MELI
• PETR4
• TOTS3
• USD/BRL

Real’s drop weakens Brazilian companies' earnings in dollars in 3Q24

Brazilian companies faced financial challenges in Q3 due to currency depreciation. Morgan Stanley predicts continued difficulties into 2025 and favors stocks with better microeconomic indicators.