Brazil: Global ratings agency Fitch said on Tuesday that the combination of currency weakness, inflationary pressures and more significant monetary policy tightening by the central bank is set to result in a big deceleration in economic growth. Fitch...

Brazil: Data published by the BCB on Monday revealed that economic activity rebounded in November, snapping a four-month streak of contraction. Consensus expectations as per Bloomberg surveys are for a slight deceleration from 9.3% y/y to 8.6% y/y, a...

Brazil: The services sector smashed the lights out in November. This holds limited market-moving potential, though, as Colombia's government has signalled readiness to put the pandemic behind them and focus on economic development. Meanwhile, the one...

Brazil: Brazil’s economic calendar is headlined by the November services sector report. Given that the services sector makes up the largest portion of Brazil’s economy, investors will pay close attention to the release. Two of the five contracts that...

Brazil: Beating consensus expectations, headline inflation came in at 10.06% y/y in December, higher than the 9.96% forecast by economists and well above the central bank’s year-end inflation target. Specifically, the BRL gained 1.74% against the USD...

Next MPC meeting: Feb 2, 2022. Current policy rate: 9.25%. EmergingMarketWatch forecast: 150-bp hike (to 10.75%).