Following the US jobs report, money rotated out of emerging markets, affecting Brazilian stocks including those of Fleury, Petrobras, and Lojas Renner.
Steady: 0 in the last 7 days
Updated oct 19
The latest in this situation
How it started
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What happened
Following the US jobs report, money rotated out of emerging markets, affecting Brazilian stocks including those of Fleury, Petrobras, and Lojas Renner.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Prediction markets are pricing expectations for a Selic rate cut as Wall Street performance weighs on Brazil's stock market.Sub-event
Market rotation due to US jobs report impacts emerging markets and Brazilian stocks.1 source
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The entities involved
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Fleury
French architect
Nothing else this week.
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Petrobras
Brazilian multinational oil and gas corporation
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Lojas Renner
Brazilian department store chain
Nothing else this week.
Related events
- Petrobras, a Brazilian oil and gas corporation, has filed reports with the U.S. Securities and Exchange Commission.
- Lula da Silva's re-election affects market sentiment among major Brazilian firms like Petrobras and Itaú Unibanco.
- Petrobras, the state-controlled oil giant, is facing pressure regarding consumer fuel costs while navigating strategic shifts, including the divestiture from Vibra Energia in 2019. Lula has voiced concerns over the price disconnect, with Magda Chambriard as a key executive.
- Petrobras operates the Búzios Field off the coast of Rio de Janeiro using the FPSO Almirante Tamandaré, while also being linked to Trump-era tariffs and Ken Fisher's investment discussions.
- Congress promulgated a constitutional amendment, setting the fiscal and trade course of Brazil amid the presidential contest.