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BCB Strike Ends, Markets Await Timetable for Data Releases

BRAZIL
  • Markets await colour on how and when the Brazilian central bank could release a raft of data that’s been held up by strike action of workers at the BCB. The central bank have stated that the releases will resume as soon as possible, however striking workers had warned that they were considering new protest methods that could be carried out in the coming weeks.
  • The latest Presidential polling data shows Lula with a clear lead of Bolsonaro – leaving little change between prior polling. Quaest sees Lula at 45%, Bolsonaro at 31% in a first round vote, with Lula on 53% and Bolsonaro on 34% in a runoff.
  • Amid the continued polling, Bloomberg reports that Lula held a meeting with some of Brazil’s richest executives and business figures yesterday, in what was described as a high-level discussion event that had positive outcomes. The meetings with executives come as part of Lula’s efforts to soften his image as a leftist populist, aiming to dispel any concerns over a potential Presidential win.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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