Investidores - Brasileiros
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Bullish
Financial Market Reacts to Gleisi Hoffmann's Appointment
The rates of Interbank Deposits (DIs) rose on Friday (28) due to the appointment of Gleisi Hoffmann to the Secretariat of Institutional Relations of the government, which generated discomfort among investors. The situation was aggravated by a public conflict between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy, which strengthened the dollar and impacted future rates in Brazil.
By late afternoon, the rates of DIs for January 2026 and 2027 rose to 14.96% and 15.025%, respectively. Rates for longer contracts, such as January 2031 and 2033, also increased. The upward movement was intensified following the announcement of Gleisi's appointment, known for her criticism of the Central Bank and fiscal austerity.
Externally, Treasury yields fell due to weak consumer spending data in the U.S. and the episode involving Trump and Zelenskiy.
So, it's not my grudge against this government, but the way they are conducting the nation demonstrates that Gleisi Hoffmann's appointment, known for her criticism of the Central Bank and fiscal austerity, generated discomfort among investors.
This was reflected in the rise of Interbank Deposit (DI) rates, indicating a perception of higher fiscal risk and political uncertainty. Gleisi's choice may signal a possible change in the government's economic policy, which could affect investor confidence and the stability of the Brazilian financial market.
Hold on, there's more; economic uncertainty and a possible slowdown in economic growth could lead to an increase in unemployment.
The most vulnerable population, which is already facing difficulties in the job market, may encounter even more obstacles in finding employment.
Indeed, regardless of who voted for or against the government, we all end up suffering the consequences of this poor management.
Source: CNN Brasil
The rates of Interbank Deposits (DIs) rose on Friday (28) due to the appointment of Gleisi Hoffmann to the Secretariat of Institutional Relations of the government, which generated discomfort among investors. The situation was aggravated by a public conflict between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy, which strengthened the dollar and impacted future rates in Brazil.
By late afternoon, the rates of DIs for January 2026 and 2027 rose to 14.96% and 15.025%, respectively. Rates for longer contracts, such as January 2031 and 2033, also increased. The upward movement was intensified following the announcement of Gleisi's appointment, known for her criticism of the Central Bank and fiscal austerity.
Externally, Treasury yields fell due to weak consumer spending data in the U.S. and the episode involving Trump and Zelenskiy.
So, it's not my grudge against this government, but the way they are conducting the nation demonstrates that Gleisi Hoffmann's appointment, known for her criticism of the Central Bank and fiscal austerity, generated discomfort among investors.
This was reflected in the rise of Interbank Deposit (DI) rates, indicating a perception of higher fiscal risk and political uncertainty. Gleisi's choice may signal a possible change in the government's economic policy, which could affect investor confidence and the stability of the Brazilian financial market.
Hold on, there's more; economic uncertainty and a possible slowdown in economic growth could lead to an increase in unemployment.
The most vulnerable population, which is already facing difficulties in the job market, may encounter even more obstacles in finding employment.
Indeed, regardless of who voted for or against the government, we all end up suffering the consequences of this poor management.
Source: CNN Brasil
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