Fitch Keeps Brazil’s Rumo at BB+ With a Negative Outlook, and Cosan Is the Reason
Fitch affirmed Rumo at BB+ but set a negative outlook, with parent Cosan's BB- rating capping Brazil's largest railway under...
August 28, 2026Section
Markets
Financial markets, economic analysis, and cryptocurrency coverage
Brazil’s Habib’s Files for Judicial Recovery as OSX Creditors Back US$1.5 Billion Plan
Habib's owner filed for judicial recovery in Brazil with R$265.2 million (US$51.5 million) of debt, while OSX creditors approved a...
August 27, 2026
Brazil’s Real Recovers as Forecasters Hold Their Dollar Call
Brazil's real recovered to R$5.15 per dollar by August 25 after touching R$5.22 mid-month. Focus still sees R$5.20 at year-end...
August 27, 2026
Wheat Jumps 6.4% on Black Sea Risk; Corn, Soy Rise
Wheat futures jumped 6.4% on Wednesday, August 26, 2026, as Black Sea export fears lifted corn and soybeans too. What...
August 27, 2026
LatAm Steel: Gerdau Jumps 2.29% as Tariffs Hold
Gerdau's US-listed shares rose 2.29% to US$4.46 on Wednesday, August 26, 2026, while CSN added 0.98% and Ternium slipped. Brazil...
August 27, 2026
Guyana, YPF Shale and a WTI Rebound: Wednesday’s Oil
USO rose 0.95% to US$127.35 on Wednesday, August 26, 2026, as WTI recovered late. Guyana's bigger Stabroek share and YPF's...
August 27, 2026
Zinc Tops US$4,100 in London as Nearby Supply Tightens
LME cash zinc settled at US$4,107 a tonne on August 26, 2026, a US$174 premium over three-month metal. Nexa fell...
August 27, 2026
Lithium Wrap: LIT Slips; Albemarle & SQM Split
Lithium shares diverged on Wednesday, August 26, 2026, as Albemarle gained 1.00% while SQM and the LIT ETF fell. Soft...
August 27, 2026
Iron Ore Steadies: Vale Slips as China Futures Firm
Vale's New York shares fell 1.11% while China's Dalian iron ore contract firmed. Seaborne ore hovered near US$95 a tonne.
August 27, 2026