Search
206 results for “selic rate”
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
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
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
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
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
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
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
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
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
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.
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.