For asset managers, U.S. rate cuts and China’s stimulus package could lead to stock market recovery 10/01/2024 September felt like all of 2024 unfolded in a single month. It featured the expected rate cut by the U.S. Federal Reserve, a hike in Brazil’s Selic policy rate, and even stimulus measures for China’s economy. The renewed […]
While many firms refinanced debt during lower spreads, several sectors remain highly leveraged 10/01/2024 The ongoing Selic benchmark interest rate hike, which began in September, is expected to impact the financial performance of companies raising funds through the debt market, particularly those in highly leveraged sectors such as retail, car rentals, and healthcare. However, the […]
Credit rating agency says that if fiscal performance is weak during strong economic growth, it may deteriorate further during an unexpected slowdown 09/27/2024 Despite Brazil’s surprising economic growth this year, the country’s fiscal performance has been “weaker than anticipated,” maintaining high uncertainty regarding public finances, according to Fitch Ratings. “Economic outperformance may partly result from […]
With stock prices below “fair” value, firms launched 53 buyback programs from January to August, compared to 35 last year 09/27/2024 Publicly traded companies are capitalizing on a lackluster year in the capital markets by launching share buyback programs, seizing the opportunity to repurchase shares they believe are undervalued. From January to August, 53 buyback […]
The report reveals strong economic activity and inflation above target until 2027 09/27/2024 The Central Bank’s inflation projections, which remain above the target throughout the forecast horizon, as highlighted in the Inflation Report released on Thursday, have strengthened expectations of further tightening the Selic rate in the coming months. Financial institutions are now adjusting their […]
The market increasingly expects a 50-basis-point hike in the Selic policy rate by November, with forecasts of 12% per year rate or higher gaining traction 09/25/2024 After the Central Bank’s Monetary Policy Committee (COPOM) maintained a notably harsh tone in the minutes of its last meeting, the market has increasingly consolidated the view that accelerating […]
The Batista brothers’ holding company and partner Paper Excellence have been in conflict in various courts since 2018 09/24/2024 The president of the arbitration tribunal overseeing the dispute between J&F Investimentos and Paper Excellence over control of the pulp producer Eldorado, along with another arbitrator, resigned on Monday (23). According to letters reviewed by Valor, […]
Rates surpass 12% after disappointing report, impacting exchange rate and stock market 09/24/2024 The market once again voiced concern over the state of government accounts, leading to the third consecutive session of pressure on futures rates, which reached their highest levels of the year and settled above 12%. Investors were disappointed by Friday’s release of […]
President Lula is expected to address the climate crisis, conflicts, and global financial reforms in his speech at the UN General Assembly 09/24/2024 The climate crisis, conflicts in Europe and the Middle East, and the urgent need for reforms in multilateral mechanisms will be at the center of President Lula’s speech this Tuesday at the […]