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49 results for “Fiscal Risk”
Top Fund Flags 'Deteriorated' Brazilian Debt, Risk of Doubling by 2032
Adam Capital warns Brazil's public debt, at R$ 10.8 trillion, is on an unsustainable path, demanding a 4% GDP primary surplus.
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.
Lula’s R$283.2 Billion Stimulus Package Signals Fiscal Risk as Credit Programs See Low Uptake
Brazil's R$283.2B package for the election year, heavy on off-budget credit lines, faces high fiscal risk and low effectiveness amid consumer debt.
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.
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.
Lula Disapproval Hits 49%, Signaling Political Headwinds for Fiscal Reform
President Lula's disapproval reached 49% in a late July poll, heightening fiscal risk and pressuring the government on reforms.
Political Fiscal Risk Hardens BRL Support Above R$5.10
Domestic political polarization and a rising nominal deficit establish a firm floor for the USD/BRL despite high Selic interest rates.
Brazil Inflation-Linked Bond Issuance Plummets to 20-Year Low
Brazil's NTN-B bond issuance hits a 20-year low as rising fiscal risks and competition from tax-exempt corporate debt damp institutional demand.
Brazil Fiscal Risk: Political Avoidance Masks R$500B Gap
Analysts warn Brazil needs a R$500 billion fiscal shock by 2027, but pre-election political gridlock is stalling structural spending cuts and elevating sovereign risk.
Brazil NTN-B Demand Hits 20-Year Low on Fiscal Risks
Institutional demand for Brazil's inflation-linked NTN-B bonds has collapsed to a 20-year low, pushing secondary market yields above IPCA + 8%.
Brazil NTN-B Issuance Hits 20-Year Low on Fiscal Fears
Brazil's National Treasury sees inflation-linked NTN-B bond issuance plunge to a 20-year low as fiscal risks push real interest rates above 8%.
Brazil Stock Market Today: Fiscal Risks Cloud Inflation Relief
Brazil's Ibovespa rises despite warnings from FGV that a doubling fiscal impulse threatens the Copom rate-cut outlook, creating a mixed backdrop for EWZ.
Lula Government’s Congressional Support Halves in Senate, Escalating Brazil Fiscal Risk
President Lula’s Senate support fell from 75% to 38.5%, jeopardizing the fiscal framework after Congress blocked a R$10B tax and advanced R$111B 'fiscal bombs'.
Lula Congressional Support Halves, Escalating Brazil Fiscal Risks
Brazil's Senate support for President Lula's priority bills has plummeted to 38.5%, fueling investor concern over fiscal gridlock and USD/BRL volatility.
Higher-for-Longer US Rates Erode Brazilian Real Carry Trade Appeal as Fiscal Risk Persists
Persistent US rate strength and domestic fiscal uncertainty are challenging the BRL's yield buffer, narrowing the carry trade differential.
Brazil Enacts MP 1,376 to Restructure R$ 100 Billion in Farm Debt
Brazil's federal government has published MP 1,376 to renegotiate up to R$ 100 billion in rural debt, averting a major fiscal risk for agricultural lenders.
Brazilian Real Under Pressure as Fiscal Dominance Inverts Yield Playbook
Rising Brazilian interest rate expectations are paradoxically weakening the Real as escalating fiscal risks and widening CDS spreads disrupt carry trade strategies.
Alcolumbre Pushes R$30B Pension Bill to Senate Vote
Senate President Davi Alcolumbre schedules a vote on special pensions for health agents, threatening Brazil's fiscal balance and escalating market tension.
Brazil Fiscal Risk and Debt Above 80% Cap Real's Recovery
Brazil's public debt-to-GDP ratio has surpassed 80% amid rising government spending, driving up local bond yields and capping the Brazilian Real's recovery.