Dollar and interest rate futures rise in early trading; Brazil risk and services data key

The Brazilian political climate and economic data merit close monitoring by the markets.

RIO DE JANEIRO, BRAZIL - The dollar and the interest rate futures are posting rises on Thursday (12), as financial markets reflect the suspension of the vote on the income tax reform (IR) in the Chamber of Deputies and uncertainty surrounding the trajectory of public accounts, in addition to the better-than-expected figures for the services sector in June.

At 10:10 AM, the commercial dollar was up 0.38% to R$5.2417, after peaking at R$5.2432 and hitting a low of R$5.2142. Abroad, the ICE Dollar Index (DXY) - that compares the American currency to . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?