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136 results for “Copom”
Ibovespa Drops 1.23% on Copom Caution and Geopolitical Risk; PETR4 Limits Loss
Brazil's benchmark Ibovespa fell to 175,546.36 points as the Central Bank’s cautious tone post-Selic cut dampened rate-sensitive stocks.
Brazil’s New VAT Rate Could Hit 28%, Highest in OECD
Brazil's dual VAT rate under the PEC 45/2019 tax reform is projected to reach 28%, threatening consumer-facing sectors and driving up services costs.
Petrobras Dividend Jitters Outweigh Selic Cut; PETR4 Drops Ahead of 2Q Results
The Ibovespa stalled as Petrobras (PETR4) shares fell ahead of 2Q earnings and a pivotal dividend announcement, overriding a new 25bp Selic cut.
Brazil Central Bank Cuts Selic Rate to 14.00%, Confirms Easing Cycle Despite Restrictive Stance
Brazil's COPOM cut the Selic rate by 25 bps to 14.00%, extending the easing cycle but maintaining a restrictive policy.
Brazilian Real Holds Steady Near R$5.12 as Copom Delivers Expected Rate Cut to 14.00%
Brazil’s central bank cut the Selic rate by 25 basis points to 14.00%, a move that was fully priced in, stabilizing USD/BRL.
Political Logjam on Fiscal Adjustment Curbs Central Bank’s Scope for Deeper Selic Rate Cuts
The Copom’s fourth consecutive 25-bps cut to 14.00% is overshadowed by political failure to deliver a credible fiscal adjustment.
Brazil’s Central Bank Cuts Selic to 14.00%, But Cautious Tone Signals End of Faster Easing Cycle
Copom cut the Selic benchmark interest rate by 25bps to 14.00%, but the communique signals caution on the pace of future cuts.
Brazil’s Central Bank Cuts Selic Rate to 14.00%, Market Eyes Conservative Forward Guidance
Copom delivered the widely expected 25 basis point cut, turning all focus to the communiqué's signal on future easing.
Brazil Central Bank Poised for Selic Cut to 14.00%; Guidance on Easing Cycle is the Key Market Driver
Central Bank of Brazil is set to cut the Selic rate by 25bp, but market focus is entirely on forward guidance.
USD/BRL Volatility Jumps on US Sanctions Risk and Strait of Hormuz Tensions
The Brazilian real depreciated sharply following an escalation of US-Brazil diplomatic tension and fresh Middle East geopolitical risk.
COPOM Set to Cut Selic Rate to 14.00%; Guidance on Future Cuts is Key for Real, Ibovespa
Brazil’s Central Bank is expected to cut the Selic rate by 25bps. Forward guidance on the easing cycle is the key market catalyst.
Political Risk Spikes on US Sanctions Threat, Driving Real to Lag All EM Currencies
The Brazilian Real was the worst-performing liquid currency against the dollar as US sanctions threats amplified political risk.
Brazilian Real Rally Pauses as Importers Step In, Establishing R$5.05 as Technical Floor for USD/BRL
The Brazilian Real's recent rally stalled near R$5.05 after increased demand for US Dollar from domestic importers and bank treasuries.
Brazilian Real Volatility Spikes as USD/BRL Breaches Central Bank's R$5.10 Model Ahead of Expected Selic Cut
The USD/BRL touched R$5.1351 on Tuesday, rising past the BCB's internal exchange rate model ahead of the expected 25bp Selic rate cut.
COPOM Set to Cut Selic to 14.00%; Investor Focus Shifts to Pace of Future Easing
Brazil's Central Bank is widely expected to cut the benchmark Selic rate by 25 basis points to 14.00% on Wednesday, with the market's attention fixed on forward guidance for the pace of the easing cycle.
Selic's Forward Guidance, Not the Rate Cut, is the Key Driver for the Brazilian Real (BRL)
Investors are focused on the Central Bank's signal about the easing cycle's future, as the expected Selic rate cut is fully priced into USD/BRL.
Persistent Financial Capital Flight Puts Pressure on Real Despite Robust Trade Surplus
Brazil's currency remains vulnerable as sustained financial outflows counter the strength of its US$42.4 billion trade surplus.
BRL Volatility Spikes Ahead of Expected Selic Cut to 14.00%
Currency traders eye the USD/BRL rate as the Central Bank is poised to make a 25 basis point cut to the benchmark Selic interest rate.
Brazil Central Bank Poised for 25bp Cut to 14.00% as Long-Term Selic Forecast Rises
COPOM is expected to cut the Selic rate by 25 basis points to 14.00%, even as the Focus Report shows a raised year-end 2026 rate forecast.
Brazilian Real Extends Gain to 7-Week High as Robust Carry Trade Appeal Drives USD/BRL to R$5.07
The Brazilian Real hit its strongest level in nearly seven weeks, driven by the attractive carry trade yield from the high Selic rate.
COPOM Selic Rate Cut to 14.00% Looms, Testing Brazilian Real’s Fiscal Anchor
Brazil’s Central Bank is expected to cut the Selic rate by 25bps this week, a move that could expose BRL to fiscal risk.
COPOM Poised to Deliver Fourth Consecutive Selic Rate Cut to 14.0%
Brazil's Central Bank is expected to cut the Selic rate by 25 bps on Wednesday, improving the outlook for interest-sensitive stocks.
COPOM Begins Meeting with Selic Rate Cut Expected, But Global Tensions Elevate Risk of a Hold
Brazil's Central Bank begins its two-day Selic rate meeting, with a 25 basis point cut favored but external risks suggesting a potential hold at 14.25%.
Brazilian Real Faces Critical Test as Strong Labor Data Challenges Expected Copom Rate Cut
The Brazilian Real's carry trade appeal will be tested by an expected 25bp Selic cut next week, set against a resilient labor market.
Brazil Opens R$100 Billion Rural Debt Window as Banks Face Credit Risk
Brazil's CMN has regulated MP 1.376/2026, opening a R$100 billion rural debt renegotiation window that shifts credit risk directly onto major banks.
Lula Disapproval Hits 49% in Poll, Stirring Brazil Fiscal Fears
A new PoderData poll shows Lula's disapproval at 49%, raising investor concerns over the government's ability to pass critical fiscal reforms.
USD/BRL Outlook Diverges on Fiscal Risks vs. Carry Trade Appeal
Investment bank forecasts for the Brazilian Real show a wide R$0.48 spread, signaling intense market disagreement on the BRL's trajectory.
Moderating Labor Market Reinforces Bets for Copom to Cut Selic Rate to 14.00%
Easing job creation, combined with benign inflation just above target, solidifies expectations for a 25bp cut.
USD BRL Breaks Past R$5.11 as Brazilian Real Weakens
The Brazilian real struggles to hold below R$5.10, with the USD/BRL rate breaking past R$5.11 amid shifting interest rate expectations and fiscal concerns.
Brazil’s Foreign Exchange Flow Swings to $1.07 Billion Deficit, Pressuring Brazilian Real (BRL)
Brazil recorded a net negative foreign exchange flow of US$1.065 billion in July, reversing a recent surplus and signaling fresh capital flight.