FOREX TradingCharts.com

Financial News: BRAZIL: DI Rates Open Lower In Correction Movement

BRAZIL: DI Rates Open Lower In Correction Movement

07/13/2018 - 14:48:00 (RTTNews)

(RTTNews) - The one-day interbank deposit futures rates (DI rates) in Brazil opened lower Friday, taking off from the locally traded U.S. dollar, after Thursday's rise, under the impact of the draft budget approved by the Congress.

Near the middle of the session, the January 2019 DI contract rate was at 6.85%, from 6.84% in the previous settlement, while the January 2020 DI rate was at 8.26, from 8.32%. The January 2021 DI contract rate was at 9.25, from 9.31%.

"Today the bias is to correct the rates after yesterday, with the market discouraged regarding the future of the country's fiscal situation, which caused rates to open a lot, especially the shorter maturities," said Toro Investimentos' analyst Thiago Tavares.

For the next week, investors wait new inflation figures in Brazil, which "should easily record results below half of June," said Infinity chief economist Jason Vieira. Inflation recorded last month had the highest increase for the month since 1995, at +1.26%, impacted by the truckers' strike in May that pressured food and fuel prices.

"This is a brief relief from future interest rates, which may again insist on seeking premiums through monetary tightening due to exchange rate pressure," pointed out Vieira.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


BRAZIL: DI Rates Trade Lower Amid Signs Of Centrist Support To Alckmin (11 hr(s), 56 min(s), 01 sec(s) ago)
(RTTNews) - The one-day interbank deposit futures rates (DI rates) in Brazil traded lower Friday a ...Full Story»

BRAZIL: Government Cuts 2018 GDP Growth Projection To 1.6%, From 2.5% (11 hr(s), 55 min(s), 01 sec(s) ago)
(RTTNews) - The Brazilian government revised the expectation of growth of the Gross Domestic Produ ...Full Story»

BRAZIL: 661 Jobs Were Closed In June (11 hr(s), 54 min(s), 01 sec(s) ago)
(RTTNews) - Brazil recorded a net loss of 661 jobs in June, resulting in 1,167,531 admissions and ...Full Story»

TIM BRAZIL: Net Profit Rises 53% In The 2Q18, To R$ 335 Million (12 hr(s), 03 min(s), 01 sec(s) ago)
(RTTNews) - TIM Brazil's net profit grew 53% in the second quarter from a year before, to R$ 3 ...Full Story»

BRAZIL: IPCA-15 Rises 4.53% In 12 Months To July (estimates +4.61%) (12 hr(s), 10 min(s), 01 sec(s) ago)
(RTTNews) - The preliminary official consumer price inflation index in Brazil (IPCA-15) lost stren ...Full Story»

EMBRAER: Company Delivers 48 Aircraft In 2Q18, 11 Less Than In 2Q17 (12 hr(s), 13 min(s), 01 sec(s) ago)
(RTTNews) - Brazil's Embraer delivered 48 aircraft in the second quarter of 2017 (28 commercia ...Full Story»

A (12 hr(s), 15 min(s), 01 sec(s) ago)
(RTTNews) - a For comments and feedback: contact editorial@rttnews. ...Full Story»

TIM: Net Income Grows 53% In 2Q18, To R$ 335 Million (12 hr(s), 20 min(s), 01 sec(s) ago)
(RTTNews) - Brazil's TIM Participalles' net income increased 53.2% in the second quarter c ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

BRAZIL: 661 Jobs Were Closed In June

07/21/2018 - 09:00 AM (RTTNews)
(RTTNews) - Brazil recorded a net loss of 661 jobs in June, resulting in 1,167,531 admissions and ...Full Story>>

BRAZIL: Government Cuts 2018 GDP Growth Projection To 1.6%, From 2.5%

07/21/2018 - 08:59 AM (RTTNews)
(RTTNews) - The Brazilian government revised the expectation of growth of the Gross Domestic Produ ...Full Story>>

BRAZIL: DI Rates Trade Lower Amid Signs Of Centrist Support To Alckmin

07/21/2018 - 08:58 AM (RTTNews)
(RTTNews) - The one-day interbank deposit futures rates (DI rates) in Brazil traded lower Friday a ...Full Story>>

TIM BRAZIL: Net Profit Rises 53% In The 2Q18, To R$ 335 Million

07/21/2018 - 08:51 AM (RTTNews)
(RTTNews) - TIM Brazil's net profit grew 53% in the second quarter from a year before, to R$ 3 ...Full Story>>

BRAZIL: IPCA-15 Rises 4.53% In 12 Months To July (estimates +4.61%)

07/21/2018 - 08:44 AM (RTTNews)
(RTTNews) - The preliminary official consumer price inflation index in Brazil (IPCA-15) lost stren ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.