🇧🇷💥 BRAZIL SHOCK 💥🇧🇷
📉 Lula's surprise runoff win caught markets flat-footed. The real closed Monday at 5.41 per dollar, its worst day since 1999, and the Bovespa crashed 13.9%, tripping its first circuit breaker since 2020.
🩹 Tuesday brings a small bounce to about 5.35, but all eyes are now on Lula's fiscal plan and his pick for finance minister.
🔥 Why it matters:
🌎 Emerging-market money gets nervous fast when a big currency cracks.
🛢️ Oil is cooling on Iran talks: Brent near 110, WTI near 101.
🏛️ The Fed decides Wednesday at 12:00 PM CT, with a hold priced at about 90%. Consumer confidence lands today.
₿ $BTC trades 80,000, with 79,198 the line to hold. 81,064 is the lid.
⚠️ No new entries for us around the Fed (Wed) or PCE (Thu). Size small. ⚠️
👉 Follow for free signals 🐑
📉 Lula's surprise runoff win caught markets flat-footed. The real closed Monday at 5.41 per dollar, its worst day since 1999, and the Bovespa crashed 13.9%, tripping its first circuit breaker since 2020.
🩹 Tuesday brings a small bounce to about 5.35, but all eyes are now on Lula's fiscal plan and his pick for finance minister.
🔥 Why it matters:
🌎 Emerging-market money gets nervous fast when a big currency cracks.
🛢️ Oil is cooling on Iran talks: Brent near 110, WTI near 101.
🏛️ The Fed decides Wednesday at 12:00 PM CT, with a hold priced at about 90%. Consumer confidence lands today.
₿ $BTC trades 80,000, with 79,198 the line to hold. 81,064 is the lid.
⚠️ No new entries for us around the Fed (Wed) or PCE (Thu). Size small. ⚠️
👉 Follow for free signals 🐑
