Key Points
— The World Bank cut Brazil's 2026 GDP growth forecast from 2.0% to 1.6% in its April Latin America Economic Outlook, citing the Iran conflict's oil shock and restrictive monetary policy
— Brazil now ranks...
TODAY'S FOCUS
Ceasefire Under Siege: Hormuz Re-Closed After Israeli Lebanon Strikes — PCE and GDP on Deck
Today's Brazil morning call opens with the ceasefire already...
Brazil exports to the US fell 18.7% in Q1 while China surged 21.7%. Eighth consecutive monthly decline since Trump's 50% surcharge. Full bilateral data.