MarketsNotableConfirmed
5.9
Brazil IBC-Br Falls 0.22% in July, June Revised Down to -0.88%
Valor Econômico·BR·about 13 hours ago
A survey by XP shows Brazilian fund managers have revised down GDP projections and shifted to neutral exchange-rate positions amid record pessimism. The shift signals deteriorating growth expectations and defensive positioning in Brazilian assets, though the magnitude of the GDP cut is not specified.