Free Trial

Auxilio Brasil Boost Seen Passing on Wednesday

BRAZIL
  • As outlined yesterday, markets still expect the lower house speaker Lira to approve the passage of Auxilio Brasil legislation (raising funds as well as disbursing diesel and cooking gas vouchers) on Wednesday – the latest central step to help soothe rising prices for consumers.
  • The aim for lawmakers at this stage is to pass the legislation with minimal changes in order to avoid another pass through the Senate and accelerate approval.
  • Industrial production data takes early focus, with markets expecting 0.6% growth on the month and 1.0% Y/Y. Composite and services PMI data follows later today.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.