Friday, 3 May 2019

Brazilian financial market expects figures from US economic activity

Unemployment data, salary data and various other information on the US labor market will determine the behavior of the financial market in Brazil today.
If the payroll numbers are positive, with strong economic growth, interest rates would remain stable. This would lead foreign investors to seek other places to invest in. The positive US scenario may, therefore, lead Brazil and other emerging countries to receive more investment.
In case the US data is worse than expected, the dollar and the stock market in Brazil must undergo strong changes.
This is coupled with reductions in growth assessments of the Brazilian economy, which grew by more than 3% from the beginning of 2019 to around 1% and 1.5% per year.


No comments:

Post a Comment

Brazil to Host World's Largest Biogas Plant, Pioneering Sustainable Energy

The Louis Dreyfus Company (LDC) marks construction commencement of the world's largest biogas plant from citrus effluents, which is loc...