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December Economic Activity Beats

BRAZIL

USDBRL less volatile session, despite a raft of comments made by officials. Notably Campos Neto stating that ending cash aid had a larger effect than expected. Additionally, Lira taking a firm line with Finance Minister Guedes, stating he "must find immediate solution for aid".


  • Brazil December Economic Activity +0.64% m/m; Est. +0.4%
  • Brazil December Economic Activity +1.34% y/y; Est. +0.9%

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