Key Takeaways
Created with AI - we're still experimenting, so apologies if it misses the mark
- The dollar gained 0.19 against the real, closing at R 5.2575, and the Ibovespa stock market index rose by 0.79 on Monday.
- Brazilian economists have revised their 2026 inflation forecast downward to 3.99%, with the estimate for 2027 remaining at 3.80%.
- The Fictor Group filed for judicial recovery for both Fictor Holding and Fictor Invest, citing a liquidity crisis related to issues with Banco Master.
- Today marks the opening of Brazils legislative year with sessions at the National Congress, considering measures like establishing the Peoples Gas program and providing credit for the rural sector. The manufacturing PMI release is being closely monitored as a key indicator of economic activity.
Recommended products
This page contains affiliate links. As an Amazon Associate, we earn a commission from purchases made through these links.
Dollar Gains 0.19, Ibovespa Rises; Inflation Forecast Down, Fictor Group Files for Recovery – Brazil Economic and Political Developments Monitored
On Monday, the dollar closed with a 0.19 gain at R 5.2575, while Brazil’s Ibovespa stock market index rose by 0.79 to 182,793 points. Brazilian economists have revised their 2026 inflation forecast downward from 4% to 3.99%, according to a G1 report. The estimate for 2027 remains steady at 3.80%. Over the weekend, the Fictor Group filed for judicial recovery for both Fictor Holding and Fictor Invest, citing a liquidity crisis related to issues with Banco Master. Today marks the opening of Brazil’s legislative year with a session at the National Congress. The Chamber of Deputies’ first voting session is scheduled for today, considering Provisional Measure 1,313/25 to establish the People’s Gas program and Provisional Measure 1,312/25, opening R 83.5 million in credit for the rural sector. Brazilian and U.S. markets alike are closely monitoring today’s manufacturing PMI release, a key indicator of economic activity. These developments in Brazil’s economic and political spheres continue to be closely watched.
In Case You Missed It
In other thrilling news, Sophie Laurent has been busy exploring Brandon Sanderson’s Cosmere universe and its upcoming adaptations. Just this week, she shared that Apple has acquired the rights to bring Sanderson’s intricate world to life with plans for both series and films for Mistborn, and a dedicated adaptation process for Stormlight Archive – definitely something every Sanderson fan should keep an eye on Brandon Sanderson’s Cosmere to be Adapted into Series and Films. Meanwhile, Marcus Thompson has been delving into a fascinating tale of triumph against digital copyright infringement. His latest article reveals the successful dismantling of one of the world’s largest manga piracy websites thanks to a joint operation with Chinese authorities. With around 60 pirate sites shut down and the mastermind behind this vast illegal network arrested, manga piracy has taken a severe hit worldwide Manga Piracy Takes Severe Hit. Lastly, if you’re captivated by Star Wars visual storytelling, Sophie’s upcoming book “The Art of Star Wars: The Acolyte”, releasing on February 3rd, promises a captivating journey through the creative process behind Disney+’s The Acolyte. This visual feast dives into the High Republic era, giving us an exclusive peek at conceptual art that shaped the series, from planets like Ueda to the evolution of characters Mae and Osha – don’t miss your chance to immerse yourself in its making Star Wars: The Acolyte Returns with a New Perspective on the High Republic Era.