Nomura Holdings, Inc.

Brazilian IBGE announces January inflation figures with central bank maintaining interest rates and planning to cut

159100

520870

1325

Brazilian President Luiz Inacio Lula da Silva has launched a new plan to combat organized crime ahead of the October elections, responding to rising security concerns among voters. The plan includes $200 million in funding for 2026 and $2 billion for equipping security forces. Lula aims to disrupt money laundering and arms trafficking while implementing maximum-security standards in prisons. His main rival, Flavio Bolsonaro, is also focusing on hardline crime policies as they compete closely in the polls.

Yahoo Finance

ChinaAMC Bradesco Bovespa ETF(QDII)

E Fund Itausa Bovespa ETF(QDII)

Brazil's Lula launches plan to fight organized crime ahead of elections year

LBRZ

RIOU

The Bovespa Index fell by 2.38% today, closing at 183218.26, marking its largest one-day decline since March 12, 2026. This drop ends a two-day winning streak and is 7.77% off its record close of 198657.33 from April 14, 2026. The index is also down 7.77% from its 52-week high and has risen 38.67% from its 52-week low. Year-to-date, it is up 13.71%.

MorningStar

Lyxor ETF Brazil

Lyxor MSCI Brazil UCITS ETF

VanEck Brazil Small-Cap ETF

Bovespa Index Ends 2.38% Lower at 183218.26 — Data Talk

Brazil's central bank has cut its benchmark interest rate from 14.75% to 14.50%, in line with market expectations. This decision aims to manage inflation and stimulate economic growth, as part of a broader monetary policy strategy to support Brazil's economic recovery amid global uncertainties.

CoinLive

Brazil's Central Bank Cuts Benchmark Interest Rate to 14.50%

EEMS

SCHE

Emerging-market bond sales are surging as issuers from Brazil and Turkey take advantage of improving market conditions to secure financing. This renewed activity follows a stagnation last month and indicates a broader trend of emerging markets leveraging favorable dynamics to strengthen their financial positions, as reported by Bloomberg on X.

ISHRS MSCI Em S-Cap

Van Eck Associates Corp.

Schw Em Mkt

iShares Core MSCI EM

Wisdomtree EM High Dividend Fund

VG Em Mkts

Dimensional Emerging Markets Value ETF

iShares Emerging Markets Equity Factor ETF

SPDR S&P Em Mkt Dvd

iShares MSCI Emerging Mkts Val Fac ETF

iShares MSCI Em

SPDR Em Mkt

Avantis Emerging Markets Equity ETF

BlackRock, Inc.

FIL Ltd.

Avantis Emerging Markets Value ETF

iShares MSCI EM Ex-China

Emerging-Market Bond Sales Surge as Markets Rebound

The Bovespa Index closed at a record high of 198,000.71, up 0.34% or 676.84 points. This marks the index's longest winning streak since November 2025, with gains in 10 consecutive trading days, totaling a 9.06% increase over this period. The index has risen 54.31% from its 52-week low and is up 22.89% year-to-date, reflecting strong market performance.

Bovespa Index Ends 0.34% Higher at 198000.71, Record Close — Data Talk

Brazilian economists have raised their inflation forecast for 2026, exceeding the central bank's target due to the ongoing energy shock from the Iran war. This adjustment highlights concerns over rising energy prices and their potential impact on Brazil's economy. Economists are closely watching the situation for further implications on inflation and economic stability in the region.

Brazil Economists Adjust 2026 Inflation Forecast Amid Energy Shock

Data from the Brazilian Institute of Geography and Statistics (IBGE) shows that Brazil's annual inflation rate rose to 4.14% in March 2026, up from 3.81% in February, and slightly above the market expectation of 4%. On a monthly basis, the CPI increased by 0.88%, compared to a growth of 0.7% in February

AASTOCKS

The annual inflation rate in Brazil rose to 4.14% in March, exceeding expectations

Brazil's inflation rate in March was 4.14% year-on-year, higher than the previous value of 3.81%. The forecast was 4%

Brazil's inflation rate in March was 4.14% year-on-year, higher than the previous value of 3.81%. The forecast was 4%

The Bovespa Index closed at a record high of 195129.25, rising 1.52% or 2928.09 points. This marks the eighth consecutive trading day of gains, totaling 13572.49 points or 7.48% over this period. The index has increased 54.43% from its 52-week low and is up 21.10% year-to-date. This is the longest winning streak since November 2025 and the largest eight-day gain since January 2026.

Bovespa Index Ends 1.52% Higher at 195129.25, Record Close — Data Talk

Brazil's new Planning Minister, Mello, announced that the government will maintain strict budget controls and spending caps even after the 2026 elections, only relaxing fiscal restraints in 2027. The government aims to implement stricter fiscal controls and has set a primary surplus target of 0.5% of GDP for 2027. Mello emphasized continuity in fiscal management, addressing concerns of potential fiscal loosening ahead of elections. The government will activate fiscal mechanisms to limit spending following a primary deficit recorded in 2025, reinforcing its commitment to fiscal discipline and effective management of federal spending.

- Brazil will maintain its spending cap after the 2026 elections, relaxing fiscal constraints only in 2027, according to the new planning minister.  
- The government aims to implement stricter fiscal controls starting in 2027 and will submit a budget guideline bill to Congress next week.  
- Despite concerns about potential fiscal looseness ahead of the elections, the minister emphasized continuity in fiscal management and the establishment of automatic mechanisms to enforce discipline in the face of deficits starting in 2025.

Invezz

Brazil to enforce strict budget controls and tax limits in 2027

Nomura Holdings, Inc.(1325.JP)

Brazil's Lula launches plan to fight organized crime ahead of elections year

Bovespa Index Ends 2.38% Lower at 183218.26 — Data Talk

Brazil's Central Bank Cuts Benchmark Interest Rate to 14.50%

Emerging-Market Bond Sales Surge as Markets Rebound

Bovespa Index Ends 0.34% Higher at 198000.71, Record Close — Data Talk