As we begin trading on Monday, October 28, 2024, investors are closely monitoring a mix of domestic and international economic indicators that could influence the Brazilian markets today. Domestically, the release of the Central Bank of Brazil’s Focus Report will provide crucial insights into market expectations for key economic indicators such as inflation, GDP growth, […]
Related Posts
6 sneaky gift card scams to watch out for this holiday season
With the holiday season just around the corner, many of us are gearing up to spread some cheer with gift cards. However, it’s important to remember that these convenient gifts are also a favorite target for scammers. We’re going to break down six sneaky gift card tricks that could leave you out of pocket during […]
Itaú Unibanco’s Impressive Q1 Surge
In Brazil’s bustling economic landscape, Itaú Unibanco stands tall, marking a stellar start to 2024. As the country’s and LatAm’s largest bank, Itaú posted a net profit of R$ 9.77 billion ($1.92 billion) for the first quarter. This amount signifies a robust 15.8% increase year-over-year and a 3.9% rise from the previous quarter. This financial […]
Decline in Arabica Coffee Futures Linked to Brazil’s Export Surge
Arabica coffee futures dipped in New York’s ICE Futures following Brazil’s report of increased coffee exports. The significant shipment figures from Cecafé, alongside weather updates, influenced market dynamics. In May/24, the drop hit 525 points, settling at 182.80 cents per lb. Other contracts also saw similar declines. Robusta in London fell by 2.31%. May/24 contracts […]