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JGB TECHS

(M2) Correction Extends

US STOCKS

Late Session Rebound

AUSSIE 10-YEAR TECHS

(M2) Corrective Cycle Remains In Play

AUSSIE 3-YEAR TECHS

(M2) Gains Still Considered Corrective

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BRAZIL
  • According to Economy Minister Guedes, economic growth should be above 4%
  • Brazil 2021 Primary Deficit Being Revised to Less than 3% (BBG)
  • Further comments from the 2021 Investment Forum included:
    • Brazilian economy is giving signs that it may grow more than estimated this year
    • Government to invest in critical social areas
    • Tax reform will shift exemptions toward the so-called `green economy'
    • Government to speed up privatizations, reducing debt-to-GDP ratio to 85% in 2021
    • Brazil can extend emergency cash handouts if pandemic resists country's mass vaccination program (Via Bloomberg)
MNI London Bureau | +44 020 3983 7893 | jack.lewis@marketnews.com
MNI London Bureau | +44 020 3983 7893 | jack.lewis@marketnews.com

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