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Jamie McGeever

UPDATE 1-Brazilian real posts biggest weekly rise in six weeks

06 Dec 2019

BRASILIA, Dec 6 Brazil's real rallied 1% against the dollar on Friday, in its biggest weekly rise in six weeks, as traders continued to buy the currency after it hit a record low last week.

Brazilian inflation rebounds in November, but no barrier to rate cut

06 Dec 2019

BRASILIA Brazilian consumer price inflation bounced back to seven-month highs in November from ultra-low levels the month before, led by the rising cost of meat and regulated prices like electricity, official figures showed on Friday, .

Brazil's Guedes says Trump making 'very serious mistake' on FX claim

04 Dec 2019

SAO PAULO U.S. President Donald Trump is making a "very serious mistake" in accusing Brazil of deliberately pushing down the value of its currency, the real, Brazil's Economy Minister Paulo Guedes told news website O Antagonista.

UPDATE 1-Brazilian industry keeps up its recovery in October

04 Dec 2019

BRASILIA, Dec 4 Industrial production in Brazil rose 0.8% in October, official figures on Wednesday showed, the third month in a row of growth and further evidence that the sector is steadily recovering from a steep decline earlier this year.

UPDATE 2-Brazil GDP surprise shows economy in better shape than thought

03 Dec 2019

BRASILIA, Dec 3 Brazil's economy appears to be on a stronger footing than most observers had believed, official figures showed on Tuesday, with growth in the third quarter beating expectations and previous readings going back to last year being revised higher.

Trump's tariff ambush risks pushing Brazil closer to China

03 Dec 2019

BRASILIA U.S. President Donald Trump's surprise decision to slap metals tariffs on Brazil is a blow to President Jair Bolsonaro's aim of forging closer ties with Washington and could push Latin America's No. 1 economy closer to Trump's top trade foe - China.

Brazil manufacturing PMI rises to 52.9 in November from 52.2 in Oct - IHS Markit

02 Dec 2019

BRASILIA, Dec 2 The pace of expansion in Brazil's manufacturing sector accelerated in November from the month before, driven by the strongest growth in output since March last year, a survey of purchasing managers' activity showed on Monday.

Brazil real ends bruising month down more than 5%

29 Nov 2019

BRASILIA, Nov 29 Brazil's real fell again on Friday to end a volatile month of record lows and central bank intervention down more than 5%, its second biggest monthly decline this year behind August.

Brazil economy still flickering back to life in third-quarter, but no fireworks: poll

29 Nov 2019

BRASILIA Brazil's economy likely expanded by 0.4% in the third quarter, according to a Reuters poll of economists, consolidating a steady, if unspectacular, pace of growth ahead of an anticipated upswing into the year end.

UPDATE 1-Brazil primary deficit as share of GDP shrinks to smallest in a year

29 Nov 2019

BRASILIA, Nov 29 Brazil's public sector deficit as a share of the overall economy shrank to its smallest in a year, central bank figures on Friday showed, as the government posted a larger-than-expected surplus in October.

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