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Bolsonaro Says Omicron Variant Is Welcome

BRAZIL
  • President Bolsonaro said the omicron strain that’s causing a surge in Covid cases at home and abroad could be called a “vaccine virus” and is a “welcome” variant.
    • “Some studious and serious people -- and not linked to pharmaceutical companies -- say that omicron is welcome and can in fact signal the end of the pandemic,” Bolsonaro said Wednesday in an interview with Gazeta Brasil website.
    • The nation registered 133 deaths and 87,471 new cases yesterday.
  • Treasury auctions fixed-rate LTN local notes due 2022, 2024 and 2025; fixed-rate NTN-F local notes due 2029 and 2033
  • Data released earlier today:
    • Brazil Nov. services volume rises 2.40% m/m; est. +0.2%
    • Brazil Nov. services volume rises 10.00% y/y; est. +6.9%
  • Focus on the domestic docket turns to tomorrows retail sales data and economic activity due next week.

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