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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessLocal Markets Re-open, Petrobras To Announce Price Rise
- Local markets re-open following the Corpus Christi Day holiday. With broader volatility likely to dominate market sentiment, swap rates may react to Copom’s latest decision to raise the Selic rate by 50 bps and signal a hike of equal or smaller magnitude for its next meeting.
- Our full review of the meeting is here: https://marketnews.com/mni-bcb-review-june-2022-further-tightening-signalled
- After an extraordinary meeting on Thursday, Petrobras’s board authorized the company to announce an increase on gasoline and diesel prices on Friday, O Globo newspaper reported. President Jair Bolsonaro said a rise in fuel prices at this moment would be politically motivated.
- “We hope that Petrobras doesn’t increase diesel and gasoline prices” while govt negotiates with Congress on changes to fuel taxes: Bolsonaro (BBG)
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.