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Bolsonaro Willing To Aid Transition, Petrobras Earning Call

BRAZIL
  • Brazil’s vice president-elect Geraldo Ackmin reported he had a “positive” meeting with President Bolsonaro and declared that the incumbent reiterated his willingness to collaborate with the transition of power.
  • Petrobras holds earnings call with investors on its 3Q22 results, including an adjusted EBITDA of 91.4b reais, which missed estimates. Company’s board also announced the payment of $8.5 billion in dividends.
  • 1300GMT/0900ET: Oct. S&P Global Brazil Services PMI, prior 51.9
  • 1300GMT/0900ET: Oct. S&P Global Brazil Composite PM, prior 51.9

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