INSUBCONTINENT EXCLUSIVE:
Brazilian financial markets face a unique trading session today, shaped by the Carnival Holiday closure of domestic exchanges and a packed
higher-than-expected ratio (previous: 76.1%) could amplify concerns about long-term fiscal stability, especially given recent populist
policy shifts.Globally, the United States releases a series of manufacturing and economic data points that will ripple through commodity
markets and emerging market assets
At 9:45 AM EST (14:45 GMT), the Manufacturing PMI (consensus: 51.6, previous: 51.2) will gauge industrial activity, a key driver of demand
A rise above 76.1% could heighten worries about debt sustainability, while a stable or lower figure might bolster confidence in fiscal
Consensus at -0.1% (previous: 0.5%)
Consensus at 4.9% (previous: 8.1%)
heightened trade war fears and spurred risk aversion
5,954.50, trimming monthly losses.Dow Jones Industrial Average climbed 1.4% to 43,840.91.Nasdaq Composite gained 1.6% to 18,847.28.A rally
This trend underscores investor caution, potentially pressuring riskier assets like the Brazilian real when markets resume.Read
Geopolitical tensions and domestic policy uncertainties may amplify volatility, making tomorrow a critical juncture for Brazilian assets.
