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    • EMERGING MARKETS-Brazil's real leads fall in Latam FX, Chile's peso down as copper output drops

      • BY Reuters|
      • Latin America , Brazil |
      • 04:21 PM ET 05/31/2023

      Latin American currencies fell against a firm dollar on Wednesday, with the Brazilian real spearheading the decline on mounting bets of rate cuts, while Chile's peso fell due to a drop in copper ...

    • Brazil creates fewer than expected formal jobs in April

      • BY Reuters|
      • Latin America , Brazil |
      • 02:36 PM ET 05/31/2023

      Brazil's formal job creation fell short of expectations in April, with a net of 180,005 positions, according to figures released by the Labor Ministry on Wednesday. Economists polled by Reuters were expecting that 204,800 jobs would be created in the month.

    • Brazil creates 180,005 net formal jobs in April

      • BY Reuters|
      • Latin America , Brazil |
      • 02:05 PM ET 05/31/2023

      Brazil created a net 180,005 formal jobs in April, Labor Ministry figures showed on Wednesday. Economists polled by Reuters were expecting 204,800 jobs would be created in the month.

    • EMERGING MARKETS-Brazil's real leads declines, Chile's peso down as copper output falls

      • BY Reuters|
      • Latin America , Brazil |
      • 11:19 AM ET 05/31/2023

      Latin American currencies were pulled down on Wednesday by a drop in the Brazilian real on mounting bets of rate cuts from the country's central bank, while Chile's peso also fell after the ...

    • Brazil's public sector gross debt rises to 73.2% of GDP in April

      • BY Reuters|
      • Latin America , Brazil |
      • 07:39 AM ET 05/31/2023

      Brazil's government debt as a share of gross domestic product grew to 73.2% in April from 73.0% in the previous month, central bank data showed on Wednesday. The Brazilian public sector posted a primary surplus of 20.324 billion reais for the month, more than the 16.55 billion reais expected by economists polled by Reuters.

    • EMERGING MARKETS-Latin American currencies mixed, Brazil's real at five-week low

      • BY Reuters|
      • Latin America , Brazil |
      • 03:27 PM ET 05/30/2023

      Latin American currencies were mixed on Tuesday against a weak dollar, with the Brazilian real sliding to a five-week low as further evidence of slowing inflation exerted more pressure on the central ...

    • Brazil central govt primary surplus drops nearly 50% in April

      • BY Reuters|
      • Latin America , Brazil |
      • 02:25 PM ET 05/30/2023

      Brazil's central government primary budget surplus dropped by 48.3% in April in real terms from the same period last year, Treasury figures showed on Tuesday, on the back of increased spending. The central government, including the Treasury, central bank, and social security, recorded a primary surplus of 15.604 billion reais in the month.

    • Brazil central govt posts $3.12 billion surplus in April

      • BY Reuters|
      • Latin America , Brazil |
      • 01:36 PM ET 05/30/2023

      Brazil's central government reported a primary budget surplus in April of 15.604 billion reais, the Treasury said on Tuesday.

    • EMERGING MARKETS-Latin American currencies mixed, Brazil's real at one-month low

      • BY Reuters|
      • Latin America , Brazil |
      • 11:08 AM ET 05/30/2023

      Latin American currencies were mixed on Tuesday, with the Brazilian real slumping after further evidence of slowing inflation, while Turkey's lira hit a record low as the market focused on ...

    • Brazil's new fiscal rules led to lower interest rates projections, new FX level -official

      • BY Reuters|
      • Latin America , Brazil |
      • 09:24 AM ET 05/30/2023

      Brazil's Finance Ministry executive secretary Gabriel Galipolo said on Tuesday that asset prices have been improving since the presentation of new fiscal rules, stressing that the market projects lower interest rates in the medium term. Speaking at an event hosted by Brazilian newspapers Valor Economico and O Globo, he also stated that the foreign exchange rate has reached "a new level."

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    News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

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