INSUBCONTINENT EXCLUSIVE:
Brazilian financial markets face a unique trading session today, shaped by the Carnival Holiday closure of domestic exchanges and a packed
higher-than-expected ratio (previous: 76.1%) could amplify concerns about long-term fiscal stability, especially given recent populist
policy shifts.Globally, the U.S
releases a series of manufacturing and economic data points that will ripple through commodity markets and emerging market assets
At 9:45 AM EST (14:45 GMT), the Manufacturing PMI (consensus: 51.6, previous: 51.2) will gauge industrial activity, a key driver of demand
A rise above 76.1% could heighten worries about debt sustainability, while a stable or lower figure might bolster confidence in fiscal
Consensus at -0.1% (previous: 0.5%)
A decline could signal weakening U.S
Consensus at 4.9% (previous: 8.1%)
war fears and spurred risk aversion
markets ended February on a positive note after a volatile month:S&P 500 rose 1.6% to 5,954.50, trimming monthly losses.Dow Jones Industrial
rebound sparked optimism amid global uncertainty
This trend underscores investor caution, potentially pressuring riskier assets like the Brazilian real when markets resume.Read
strategic reserve, with Bitcoin and others surging
credibility and export resilience
Geopolitical tensions and domestic policy uncertainties may amplify volatility, making tomorrow a critical juncture for Brazilian assets.
