The economic calendar from April 15-19, 2024, promises to shed light on pivotal global economic trends. This period is crucial as it features the release of China’s first-quarter GDP and Brazil’s economic indicators for February, including the GDP Monitor and the IBC-Br index. China’s Economic Outlook The week kicks off with China disclosing its GDP […]
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Dollar Dips as Finance Minister Hints at Fiscal Plan Release
The US dollar weakened against the Brazilian real on Monday, November 4, 2024. This shift came after Finance Minister Fernando Haddad suggested an imminent release of the fiscal pact. The currency closed at R$ 5.7831, marking a 1.47% decrease. Haddad’s statements sparked market optimism. He announced that the public spending cut package would likely be […]