Search
196 results for “Selic rate”
Brazilian Small Cap Index Underperforms Broad Market as Persistent 14.25% Selic Rate Weighs
The B3 Small Cap Index (SMLL) continues to underperform, down -6.62% YTD, as the high 14.25% Selic rate pressures rate-sensitive firms.
Q2 Earnings Preview: Analysts Predict Robust Profit Growth Led by O&G, Resilient Domestic Stocks
Brazilian Q2 earnings season is forecast to show profit growth for commodities and select retail despite high Selic rate.
Brazil Consumer Confidence Hits 4-Month Low, Driven by Current Financial Strain
FGV’s Consumer Confidence Index dropped to 88.3 in July, its third straight fall, signaling a significant headwind for domestic retail.
Brazilian Real Trades 2.3% Below Consensus Forecast, Highlighting Carry Trade Differential
The BRL's spot rate at R$5.0861 sits 2.3% below the R$5.20 year-end 2026 consensus forecast, a differential noted by carry trade investors.
Brazilian Real's Carry Trade Appeal Drives Currency to Seven-Week High
The Brazilian Real strengthened to a seven-week high on carry-trade flows, reflecting a structural trend driven by high interest rate differentials.
Small Caps Plunge Further Into Discount as High Selic Rates Suppress Local Multiples
Brazilian small-cap equities face a significant valuation discount driven by high Selic rates and concentrated foreign capital flows, lagging the large-cap Ibovespa.
B3 Options Signal Higher Probability of Selic Rate Cut in August, Shifting Carry Trade Calculus
Market-implied probability of a 25 basis point Selic rate cut surged past 72%, signaling a major shift in Brazilian interest rate expectations.
Oil Price Plunge Fails to Buoy Ibovespa as PETR4 Drags Index Down
Crude prices tumble nearly 6% on US-Iran geopolitical pause, easing Brazil inflation fears; Ibovespa falls 1.52% as Petrobras stock is hit.
Brazilian Real Hits Seven-Week High on Resurgent Carry-Trade Demand
Brazil's currency is benefiting from one of the world's highest real interest rates, fueling a carry-trade that pushed USD/BRL to its lowest level since May.
Selic Rate Forecast Holds at 14.00% in Focus Report, Anchoring Fixed Income Market
Brazil Central Bank's weekly Focus Report saw the 2026 Selic rate forecast unchanged at 14.00%, keeping DI futures steady.
Sticky Long-Term Inflation Keeps Selic Rate Anchored at 14% on Focus Report
Market-projected 2026 Selic rate held at 14% for the fourth week, as high long-term inflation expectations persist despite a marginal 2026 IPCA drop.
Brazilian Real Hits 7-Week High on Middle East Energy Carry Trade
The USD/BRL drops to 5.07 as escalating Middle East tensions drive global oil buyers to Brazil, boosting the Real alongside its high 14.25% Selic rate.
USD/BRL Technical Rebound Faces Heavy Resistance as Bears Dominate
The USD/BRL currency pair meets heavy moving average resistance near 5.09, keeping the bearish trend intact as Brazil's high Selic rate supports the real.
USD BRL Drops to 5.06 as Carry Trade and FX Inflows Boost Real
The Brazilian Real hits a seven-week high of 5.06 per USD, driven by a 14.25% Selic rate and the strongest first-half FX inflows since 2018.
Brazil Agribusiness: Machinery Slump Deepens Amid High Rates
Brazil's agricultural machinery sales are projected to contract up to 20% in 2026 as high Selic rates and tight crop margins limit capital expenditure.
Brazil Hikes 2026 Inflation Forecast to 5.1%, Threatening Rate Cuts
Brazil's Finance Ministry raised its 2026 inflation forecast to 5.1%, exceeding the central bank's target ceiling and threatening to stall the Selic rate-cut cycle.
BRL Supported by Record H1 Inflows Despite Inflation Pressures
Brazil's real is cushioned by $17.78 billion in H1 foreign exchange inflows and high Selic rates, even as the 2026 inflation forecast rises to 5.1%.
Brazil Hikes 2026 Inflation Forecast to 5.1%, Pressuring Selic and BRL
Brazil's Finance Ministry raised its 2026 inflation forecast to 5.1% from 4.5%, signaling persistent fiscal strain and a prolonged restrictive Selic rate.
Brazil Inflation IPCA Forecast Edges Down in Focus Bulletin
Brazil's 2026 IPCA inflation forecast fell to 5.15%, marking its third straight weekly decline, while the year-end Selic rate projection held at 14.00%.
Bolsa Familia July Payouts Begin Amid Fiscal Deficit Concerns
Brazil kicks off its July Bolsa Familia payments as the Selic rate sits at 14.25% and fiscal concerns continue to influence the Ibovespa and USD/BRL.
Brazil Hikes Inflation Forecast to 5.1%, Pressuring BRL Outlook
Brazil's Finance Ministry raised its 2026 inflation forecast to 5.1%, pushing consumer prices further above target and prompting banks to forecast a weaker Real.
High Selic Projections Squeeze Brazilian Small Caps
Rising inflation expectations have pushed Brazil's year-end Selic rate forecasts to 13%-14%, pressuring debt-sensitive domestic small caps.
Rabobank Forecasts Brazilian Real Weakness on Narrowing Yields
Rabobank projects the US Dollar to rise to 5.35 Reals by the end of 2026 as narrowing interest rate differentials and fiscal worries pressure the currency.
Brazilian Real Hits Strongest Level in Over Three Weeks Near 5.09
The Brazilian Real strengthened past 5.11 to 5.09 per USD on July 16, 2026, driven by a cooling domestic inflation print and a softening US dollar.
Brazil Hikes 2026 Inflation Forecast to 5.1%, Squeezing Real
Brazil's Finance Ministry raised its 2026 inflation forecast to 5.1%, threatening the real's yield advantage and putting pressure on the central bank.
Brazilian Real Rebounds to 3-Week High as June Inflation Eases
The Brazilian Real strengthens to 5.11 per USD as June annual inflation cools to 4.64%, supporting the central bank's recent monetary policy decisions.
BRL Hits 3-Week High on Record H1 FX Inflows and Easing Fed Bets
The Brazilian Real strengthened to 5.11 per USD, supported by a record $17.78 billion H1 FX inflow and a highly lucrative Selic-to-Fed yield differential.
BRL Holds Near 5.16 as Massive Selic-Fed Yield Gap Anchors Real
Brazil's Real stabilizes at 5.16 against the US dollar as a wide interest rate differential offsets domestic fiscal deficits and rising inflation.
BRL Volatility Set to Spike Ahead of Crucial July 10 IPCA Print
Brazil's upcoming IPCA inflation data could push 12-month accumulated price growth to 4.81%, threatening to halt the central bank's rate-cutting cycle.
July 10 IPCA Print Set to Test BRL as Inflation Creeps Higher
Brazil's upcoming June IPCA inflation data on July 10 will test the BRL as annual inflation remains above the central bank's 4.5% upper tolerance limit.