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Copom Minutes Due at 1200BST

BRAZIL
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
  • The minutes to last week’s monetary policy meeting when the Copom unanimously kept the Selic rate unchanged at 10.50% for a second successive meeting will be published at 1200BST(0700ET), with focus on discussions around the conditions necessary to an eventual Selic rate move.
    • The full MNI review of the Copom meeting, with analyst views is here.
  • Meanwhile, July trade data will be published at 1900BST(1400ET), with analysts expecting the trade surplus to rise to $7.79bn, from $6.71bn previously. On the political front, President Lula remains in Chile, where he will meet with former President Lagos, among other meetings.
    • July Trade Balance Monthly, est. $7.79b, prior $6.71b
    • July Imports Total, est. $23.5b, prior $22.3b
    • July Exports Total, est. $31.2b, prior $29b
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  • The minutes to last week’s monetary policy meeting when the Copom unanimously kept the Selic rate unchanged at 10.50% for a second successive meeting will be published at 1200BST(0700ET), with focus on discussions around the conditions necessary to an eventual Selic rate move.
    • The full MNI review of the Copom meeting, with analyst views is here.
  • Meanwhile, July trade data will be published at 1900BST(1400ET), with analysts expecting the trade surplus to rise to $7.79bn, from $6.71bn previously. On the political front, President Lula remains in Chile, where he will meet with former President Lagos, among other meetings.
    • July Trade Balance Monthly, est. $7.79b, prior $6.71b
    • July Imports Total, est. $23.5b, prior $22.3b
    • July Exports Total, est. $31.2b, prior $29b