Foreign inflows to B3 hit R$7.25B in Sept; Copom/Fed decisions may curb rally

Foreign investors have returned to Brazil's B3 exchange, accumulating R$7.25 billion in purchases in September, reversing earlier outflows. The rally's sustainability hinges on upcoming Copom and Fed decisions, which could alter the interest rate, dollar, and equity dynamics. A lower Selic and a more hawkish Fed could slow the rally, creating uncertainty for risk assets.