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SAGBs Cap Off a Firmer Week, CPI in Focus


Week Ahead (2/3): MPC appearances this week


Eyeing Key Short-Term Resistance

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  • (Bloomberg) Brazil Senate Committee on Economic Affairs approved a bill that establishes minimum rates for the export tax on crude oil and changes Petrobras’s pricing policy.
    • Text was approved in symbolic vote and will be sent for discussion at Senate’s floor
  • Under the proposal, government will regulate the use of mobile price bands in order to establish limits on the price variation of oil products, defining the frequency of adjustments and the compensation mechanisms.