Titoli di Stato paesi-emergenti Obbligazioni Brasile e Petrobras

Brazilians gathered in cities on Sunday to show their support for far-right President Jair Bolsonaro and to protest against lawmakers whom they see as putting up roadblocks to the leader's legislative agenda. Reuters
 
BRASILIA--Brazil's current-account deficit narrowed in April to $62 million from a deficit of $494 million in March, the country's central bank said Monday.
The 12-month current-account deficit reached $13.7 billion in April, or 0.73% of gross domestic product, the same as recorded the month before.
Net foreign direct investment rose to $7 billion in April from $6.8 billion in March, the bank said. FDI totaled $92.5 billion in the 12 months through April, compared with $88.5 billion in the equal period through March.
Brazilian economists surveyed weekly by the central bank forecast the yearly current-account deficit to end 2019 at $25 billion, with a $50.3 billion annual trade surplus and $83.3 billion in FDI.
 
  • Brazil's Supreme Court is set to issue a key decision on Thursday that could hold up billions of dollars of planned sales by Petrobras (PBR +1.1%), Reuters reports.
  • The president of the Supreme Court has included in the Thursday agenda a discussion of whether some privatizations by state-run firms need congressional approval and need to be carried out through an auction.
  • If the court decides the requirements must be met, it could throw into flux major planned transactions, including the sale of eight refineries which could fetch $15B, PBR's Araucaria Nitrogenos fertilizer unit, and the TAG gas pipeline unit the company has agreed to sell to France’s Engie for $8.6B.
 
Brazil's central government reported a primary budget surplus of 6.54 billion reais ($1.64 billion) in April, the Treasury said on Wednesday, less than the 8.35 billion reais surplus median forecast in a Reuters poll of economists. Reuters
 
La economía de Brasil se contrajo por primera vez desde 2016 en el primer trimestre, en 0,2% respecto de los tres meses previos. La caída en el PIB estuvo en línea con la estimación de los analistas. Sin embargo, la economía creció 0,5% respecto del mismo período del año previo
 
Brazil's government is looking at assembling a fiscal stimulus package worth around 20 billion reais ($5 billion) to revive flagging growth and prevent the economy from falling back into recession, sources told Reuters.
 

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