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196 results for “Selic Rate

Brazilian Real Rallies 7.7% Against Dollar, Outperforming EM Peers on Powerful Carry Trade
CurrenciesAug 03

Brazilian Real Rallies 7.7% Against Dollar, Outperforming EM Peers on Powerful Carry Trade

The BRL has strengthened by 7.67% over the last year, driven by high interest rates and a post-Fed weak US Dollar.

Brazilian Real Extends Gain to 7-Week High as Robust Carry Trade Appeal Drives USD/BRL to R$5.07
CurrenciesAug 03

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.

Brazil’s 14.25% Selic Rate Sustains Brazilian Real Carry Trade, Attracting Foreign Capital
CurrenciesAug 03

Brazil’s 14.25% Selic Rate Sustains Brazilian Real Carry Trade, Attracting Foreign Capital

Brazil’s elevated Selic rate of 14.25% makes the BRL a top carry trade beneficiary, driving significant foreign capital inflows.

Small-Cap Brazil Index (SMLL) Trades at 33% Discount as Rate Sensitivity Weighs
Small CapsAug 03

Small-Cap Brazil Index (SMLL) Trades at 33% Discount as Rate Sensitivity Weighs

Brazil's SMLL Index is trading at 8.7x projected earnings, a 33% discount to its historical average, due to small-cap sensitivity to the elevated Selic rate.

COPOM Selic Rate Cut to 14.00% Looms, Testing Brazilian Real’s Fiscal Anchor
PROCurrenciesAug 03

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%
PROMarketsAug 03

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
PROInvestingAug 03

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
PROCurrenciesJul 31

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.

Brazilian Small Cap Index SMLL Plummets 1.96%, Extending YTD Loss Past 6%
Small CapsJul 30

Brazilian Small Cap Index SMLL Plummets 1.96%, Extending YTD Loss Past 6%

B3’s Small Cap Index (SMLL) fell 1.96%, deepening its year-to-date loss and signaling persistent risk-off sentiment in Brazil’s small-cap segment.

Brazilian Real Powers To Top Currency Spot In 2026 As 14.25% Selic Rate Fuels Carry Trade
MarketsJul 30

Brazilian Real Powers To Top Currency Spot In 2026 As 14.25% Selic Rate Fuels Carry Trade

The Brazilian Real (BRL) is one of the world's best-performing currencies in 2026, driven by a high 14.25% Selic rate.

Lula Disapproval Hits 49%, Signaling Political Headwinds for Fiscal Reform
PoliticsJul 30

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.

Moderating Labor Market Reinforces Bets for Copom to Cut Selic Rate to 14.00%
PROMarketsJul 30

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.

Brazilian Real Strengthens Past R$5.11 on Fed Rate Hold, Signaling Near-Term Ceiling for USD/BRL
CurrenciesJul 30

Brazilian Real Strengthens Past R$5.11 on Fed Rate Hold, Signaling Near-Term Ceiling for USD/BRL

The BRL appreciated after the US Federal Reserve held rates, weakening the US Dollar and increasing the appeal of Brazil's high-carry currency.

Brazilian Real Supported by Carry Trade Despite Cautious Easing of Selic Rate
PROCurrenciesJul 29

Brazilian Real Supported by Carry Trade Despite Cautious Easing of Selic Rate

The Brazilian Real holds at R$5.11 against the US Dollar, sustained by the high 14.25% Selic rate that supports a strong carry trade.

Investor Consensus Locks In Stable R$5.20 for 2026-End USD/BRL; XP Sees Stronger R$5.00
PROCurrenciesJul 29

Investor Consensus Locks In Stable R$5.20 for 2026-End USD/BRL; XP Sees Stronger R$5.00

Median market projection for the USD/BRL exchange rate has held steady at R$5.20 for six weeks, providing long-term predictability.

Petrobras Rises on Domestic Rate Cut Hopes as Sharp IPCA-15 Drop Fuels Brazil Stock Market
InvestingJul 29

Petrobras Rises on Domestic Rate Cut Hopes as Sharp IPCA-15 Drop Fuels Brazil Stock Market

Ibovespa and Petrobras advanced after the IPCA-15 mid-month inflation print dropped sharply, bolstering expectations for a continued Selic rate cut cycle.

IFIX Closes Above Key 3,800 Level as Brazilian Real Estate Funds Gain Momentum
PROInvestingJul 29

IFIX Closes Above Key 3,800 Level as Brazilian Real Estate Funds Gain Momentum

The Brazilian Real Estate Funds Index (IFIX) recovered the 3,800 level, drawing attention as rate-easing expectations boost income-oriented real estate funds.

Brazil’s Surprise 0.06% Inflation Print Fuels Rally on B3, Sharpens Bets for Aggressive Selic Rate Cut
PROMarketsJul 28

Brazil’s Surprise 0.06% Inflation Print Fuels Rally on B3, Sharpens Bets for Aggressive Selic Rate Cut

Brazil's mid-month IPCA-15 cooled sharply to 0.06% in July, boosting the Ibovespa and reinforcing expectations for a larger Copom rate cut.

Hawkish Fed Speculation Trumps Soft IPCA-15, Pushing USD/BRL Higher
CurrenciesJul 28

Hawkish Fed Speculation Trumps Soft IPCA-15, Pushing USD/BRL Higher

Real fails to gain ground after mid-July inflation undershoots expectations, as market focus shifts to hawkish Fed outlook.

Brazil Treasury Pivots Bond Strategy to Avoid Locking in Record High Real Yields
PROMarketsJul 28

Brazil Treasury Pivots Bond Strategy to Avoid Locking in Record High Real Yields

Brazil's National Treasury is cutting NTN-B supply, prioritizing LFTs after real yields soared, signaling official concern over high borrowing costs.

USD BRL Eases as Brazil Mid-July Inflation Cools to 0.06%
CurrenciesJul 28

USD BRL Eases as Brazil Mid-July Inflation Cools to 0.06%

Brazil's IPCA-15 mid-July inflation slowed to 0.06%, dragging the annual rate to 4.52% as markets await the next Copom decision on the Selic rate.

US Tariffs and Middle East Risks Cap BRL Carry-Trade Gains
CurrenciesJul 28

US Tariffs and Middle East Risks Cap BRL Carry-Trade Gains

Brazil's 14.25% Selic rate fuels carry trades, but new 25% US tariffs and Middle East tensions cap the Brazilian real's appreciation potential.

CNPS Vote Looms on INSS Loan Rate Cap, Putting Brazilian Bank Net Interest Margins at Risk
PROInvestingJul 28

CNPS Vote Looms on INSS Loan Rate Cap, Putting Brazilian Bank Net Interest Margins at Risk

Brazil’s CNPS will vote on cutting the INSS payroll loan rate cap, a move that could directly squeeze the Net Interest Margin of major banks.

Brazilian Real Pauses at R$5.11, Hawkish Fed and New US Tariffs Outweigh Domestic Stability
PROCurrenciesJul 28

Brazilian Real Pauses at R$5.11, Hawkish Fed and New US Tariffs Outweigh Domestic Stability

The BRL slipped past R$5.11 recently, driven by US monetary policy and new tariffs, despite domestic political calm.

Narrowing Selic-Fed Spread Limits BRL Carry Trade Appeal
CurrenciesJul 28

Narrowing Selic-Fed Spread Limits BRL Carry Trade Appeal

As Brazil's Copom cuts the Selic rate to 14.25% and the Fed remains restrictive, Rabobank targets a weaker USD/BRL of 5.35 by end-2026.

Selic Rate Decline Triggers Review of INSS Consigned Loan Cap
PROInvestingJul 28

Selic Rate Decline Triggers Review of INSS Consigned Loan Cap

Brazil's Minister of Social Security confirms a potential reduction in the 1.85% monthly interest cap on INSS consigned loans, directly impacting major banks.

Brazilian Real Gains on Carry Trade Appeal Amid High Selic Rate
CurrenciesJul 28

Brazilian Real Gains on Carry Trade Appeal Amid High Selic Rate

The Brazilian real hits a seven-week high of 5.06 per USD as investors chase lucrative carry trades driven by Brazil's restrictive 14.25% Selic rate.

Brazil Stock Market Today: Inflation Slowdown and Petrobras Drive Focus
MarketsJul 28

Brazil Stock Market Today: Inflation Slowdown and Petrobras Drive Focus

Lower July IPCA-15 inflation expectations and Petrobras' Q2 production report boost the Ibovespa today as investors eye potential Selic rate cuts.

BRL Carry Trade Resumes Momentum, Pushing USD/BRL to R$5.09 Despite Tariff Concerns
PROCurrenciesJul 28

BRL Carry Trade Resumes Momentum, Pushing USD/BRL to R$5.09 Despite Tariff Concerns

High real interest rates and favorable carry-to-risk dynamics are attracting global funds, strengthening the Brazilian Real (BRL).

Brazil’s High Selic Rate Drives Demand for Fixed-Income ETFs Offering Tax-Efficient Access
PROInvestingJul 27

Brazil’s High Selic Rate Drives Demand for Fixed-Income ETFs Offering Tax-Efficient Access

B3-listed fixed-income ETFs tracking Tesouro Selic and IPCA+ bonds provide foreign investors with liquid, tax-efficient access to Brazil's 14.25% Selic rate environment.