May 30, 2024 10:58 GMT
Corpus Christi Day Holiday, Eyes on Emerging Market Peers
BRAZIL
- The Brazilian real fell victim to the broader global trend on Wednesday and weak fiscal data helped exacerbate the USDBRL rally above 5.20. Markets will be closed today for the Corpus Christi holiday, however, moves for emerging market peers such as MXN and ZAR will be monitored closely for any potential impact when markets reopen.
- On the local docket, market participants will pay attention to the next release of the central bank’s Focus survey on June 03.
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