all these countries in brics so give them max pain debt they challaged usd$.....
thats all planed by imf looks
PAR06:33:13 GMT - 08/21/2018
Currencies – Brazilian Real feels the pain of political risk
The Brazilian Real (BRL) continued to sell off toward record lows. Besides
broad-based skepticism around EM currencies on the back of rising US
yields, rising dispersion of global growth rates and the omnipresent trade
tensions weighing on risky asset sentiment, political risk is the straw that
breaks the camel's back in the case of Brazil. The outlook for the turnout
for the Brazilian elections in October is mediocre to say the least. Investors
fear a policy shift to the left as support for the leftist Workers’ Party and
their icon, former president Lula da Silva is running high at some 30% of
the electorate. The fact that da Silva is likely not eligible to run for president
as he was convicted of corruption does not really help, as far-right congressman
Jair Bolsanero, who currently scores some 17% in polls, is not
particularly reassuring to investors either. Merely centrist Geraldo Alckmin is
perceived a market-friendly candidate, but his support runs as low as some
Actionable trading levels delivered LIVE to YOUR charts
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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