Bank of America predicts a shift in Brazil’s trade dynamics for 2024, foreseeing a slowdown from the record trade surplus of 2023 to a higher current account deficit. This change is attributed to a surge in imports of goods and services, fueled by a robust internal demand and the ongoing movement of funds via cryptocurrencies. […]
Related Posts
Japan’s export engine sputters: a dive into the economic powerhouse’s trade turbulence
An economic powerhouse, Japan recently experienced a subtle jolt in its export dynamics. For the first time in over two years, July saw a dip in the country’s exports, with a 0.3% year-on-year decline, according to data released by the Finance Ministry. This development, coming after a consistent rise since February 2021, raises questions about […]
Cape Verde stock exchange’s high capitalization criteria: a challenge for the local economy
Cape Verde, an archipelago located off the northwest coast of Africa, has been steadily growing as an economic hub in the region. Its history of trade and maritime activities has been pivotal in forming its modern economic structure. The Cape Verde Stock Exchange (CVSE) establishment in May 1998 marked a significant milestone in the nation’s […]
Dollar Dips to R$5 Ahead of U.S. Inflation Data
Today, the dollar saw a decline, settling back to R$5, continuing the downward trend observed in the previous session. This retreat reflects the cautious stance of investors awaiting the release of U.S. consumer inflation data scheduled for tomorrow. Meanwhile, yields on U.S. Treasury bonds have decreased as the market waits for more data to adjust […]