The US dollar reached a record high against the Brazilian real on Monday, closing at R$ 6.0829. This surge reflects growing concerns about Brazil’s fiscal package and interest rate expectations.

The currency market reacted strongly to these factors, pushing the dollar to unprecedented levels. The day started with the dollar weakening due to

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Chile’s copper giant Codelco embarks on an ambitious $35 billion investment plan over the next decade. This bold move aims to increase mining investments by 53%, focusing on production boost and structural project revival.

The Chilean Copper Commission’s latest report outlines that $20.433 billion of investments will materialize by 2028. These f

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The Mexican oil industry deals with a growing crisis as Pemex, the state-owned oil company, struggles with mounting debts to its suppliers. This monetary dilemma threatens not just the incomes of employees but likewise Mexico's energy production goals.Pemex's financial obligation to providers has actually reached a staggering $20.5 billion since the third quarter of 2024. T
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Botafogo protected the Brazilian Championship title on Sunday, beating São Paulo 2-1 at Nilton Santos Stadium in Rio de Janeiro. This victory marks completion of a 29-year drought for the club in the nationwide league. The group, led by coach Artur Jorge, generated 79 points to claim their third Brasileirão title.The championship win comes simply a week
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Bradesco, a titan of Brazilian banking, has actually weathered a storm in 2024. The bank's stock has actually plunged 26% this year, eliminating earlier gains. This decrease narrates of difficulties and attempted comebacks in an unstable market.The difficulties for Bradesco began in late 2022. Increasing default rates and diminishing profits afflicted the bank. By the 3rd
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The upcoming week's economic calendar, covering December 9-13, presents a series of crucial events for investors to keep track of. These developments will form market characteristics both in Brazil and globally.Monday kicks off with the release of the Focus Report by Brazil's Central Bank. This file provides key financial projections from market analysts.The upcoming weeks financial calendar, covering December 9-13, provides a series of crucial events for financiers to keep track of. These advancements will form market characteristics both in Brazil and globally.Monday starts with the release of the Focus Report by Brazils Central Bank. This document offers key economic forecasts from market analysts. Internationally, Mexicos Producer Price Index(PPI )will offer insights into inflation trends from the manufacturers perspective.Tuesday brings the spotlight to Brazils main inflation measure, the Extended National Consumer Price Index (IPCA). This thorough indication covers all areas of the country. China will release its trade balance figures, while Germany reports its Consumer Price Index (CPI). Wednesday marks a turning point as Brazils Monetary Policy Committee(Copom )reveals the Selic rate decision. The present rate stands at 11.25%per year. Brazil will likewise disclose forex flow information. Meanwhile, Argentina and the United States will release their respective CPI figures.Economic Calendar: Key Market Events for the Week of December 9 -13, 2024.(Photo Internet reproduction )Thursdays agenda includes Brazilian retail sales data, offering a photo of consumer spending patterns. The European Central Bank(ECB)will reveal its rates of interest choice, a crucial event for Eurozone watchers. The U.S. will release its PPI, while the United Kingdom releases its Gross Domestic Product(GDP )figures.Friday concludes the week with Brazils General Price Index-10(IGP-10 )and the Central Banks Economic Activity Index(IBC-BR). The latter functions as a preview for the nationwide GDP. Internationally, Germanys trade balance will be of interest to international market participants.These economic indicators will supply valuable insights into inflation patterns, financial policy instructions, and general financial health across various nations. Financiers should closely monitor these releases to make informed choices in the coming week.Economic Calendar for the Week of December 9 to 13, 2024Monday, December 9BrazilMexicoTuesday, December 10Brazil9:00 AM IPCA(Consumer Price Index )China12:00 AM Trade BalanceGermanyWednesday, December 11Brazil6:30 PM Selic Interest Rate Announcement2:30 PM Foreign Exchange FlowArgentinaUnited StatesThursday, December 12BrazilEurozone10:15 AM ECB Interest Rate AnnouncementUnited StatesUnited KingdomFriday, December 13Brazil8:00 AM IGP-10 (Inflation Index)9:00 AM IBC-BR(Economic Activity Index )Germany4:00 AM Trade BalanceEconomic Calendar: Key Market Events for the Week of December 9 -13, 2024
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