FOREX TradingCharts.com

Financial News: BRAZIL: DI Rates Trade Mixed As USD Rises;

BRAZIL: DI Rates Trade Mixed As USD Rises; Domestic Politics Weighs

07/26/2018 - 17:37:00 (RTTNews)

(RTTNews) - The one-day interbank deposit futures rates (DI rates) in Brazil are trading mixed, falling in the shortest maturities while rising in the longer ones. As the locally traded U.S. dollar rises, pushing rates higher, the support of centrist parties to Geraldo Alckmin's presidential bid puts opposite pressure on rates.

"The domestic scenario is less pressured because of political issues. The centrist parties formalized today the support for Alckmin's candidacy, which ends up giving a calm in the electoral scene," said the director of Correparti Corretora, Ricardo Gomes.

Alckmin is the candidate who has most defended economic and fiscal reforms, which makes him well regarded by investors.

Gomes points out that even internal "optimism" with Alckmin does not happen without a bit of caution, since, according to him, investors now wait to see if the PSDB's presidential bid has strengthened.

Near the end of the session, the January 2019 DI contract rate was stable at 6.625%, while the January 2020 DI rate was at 7.92%, from 7.93% in the previous settlement. The January 2021 DI contract rate was at 8.69, from 8.94%.

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


Australia Jobless Rate Falls To 5.3% In July (34 min(s), 01 sec(s) ago)
(RTTNews) - The jobless rate in Australia came in at a seasonally adjusted 5.3 percent in July, th ...Full Story»

Australia Unemployment Rate Falls To 5.3% In July (01 hr(s), 04 min(s), 01 sec(s) ago)
(RTTNews) - The unemployment rate in Australia came in at a seasonally adjusted 5.3 percent in Jul ...Full Story»

Japan Has Y231.2 Billion Trade Deficit In July (02 hr(s), 04 min(s), 01 sec(s) ago)
(RTTNews) - Japan posted a merchandise trade deficit of 231.2 billion yen in July, the Ministry of ...Full Story»

Japan Has Y231.2 Billion Trade Deficit (02 hr(s), 24 min(s), 01 sec(s) ago)
(RTTNews) - Japan had a merchandise trade deficit of 231.2 billion yen in July, the Ministry of Fi ...Full Story»

Australia Unemployment Data Due On Thursday (04 hr(s), 49 min(s), 01 sec(s) ago)
(RTTNews) - Australia will on Thursday release July unemployment data, highlighting a modest day f ...Full Story»

Turkey's Tariff Hike On US Imports Boosts Lira (12 hr(s), 06 min(s), 01 sec(s) ago)
(RTTNews) - Turkish President Recep Tayyip Erdogan signed a decree Wednesday steeply raising the i ...Full Story»

U.S. Homebuilder Confidence Edges Lower In August (12 hr(s), 24 min(s), 01 sec(s) ago)
(RTTNews) - Partly reflecting growing affordability concerns, the National Association of Home Bui ...Full Story»

U.S. Business Inventories Inch Up In Line With Estimates In June (12 hr(s), 30 min(s), 01 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Wednesday showed a modest uptick in U. ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Australia Jobless Rate Falls To 5.3% In July

08/15/2018 - 22:18 PM (RTTNews)
(RTTNews) - The jobless rate in Australia came in at a seasonally adjusted 5.3 percent in July, th ...Full Story>>

Australia Unemployment Rate Falls To 5.3% In July

08/15/2018 - 21:48 PM (RTTNews)
(RTTNews) - The unemployment rate in Australia came in at a seasonally adjusted 5.3 percent in Jul ...Full Story>>

Japan Has Y231.2 Billion Trade Deficit In July

08/15/2018 - 20:48 PM (RTTNews)
(RTTNews) - Japan posted a merchandise trade deficit of 231.2 billion yen in July, the Ministry of ...Full Story>>

Japan Has Y231.2 Billion Trade Deficit

08/15/2018 - 20:28 PM (RTTNews)
(RTTNews) - Japan had a merchandise trade deficit of 231.2 billion yen in July, the Ministry of Fi ...Full Story>>

Australia Unemployment Data Due On Thursday

08/15/2018 - 18:03 PM (RTTNews)
(RTTNews) - Australia will on Thursday release July unemployment data, highlighting a modest day f ...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.