Brazil Daily

Global slump brings Brazilian currency, stock market down

Good morning! Bad news in China, Germany causes push the Brazilian currency down. The challenges of Jair Bolsonaro’s party to grow, become relevant—but remain aligned to the president. Another defeat for Sergio Moro. Facebook could be fined for listening in to its users. Enjoy your read! (This newsletter is for platinum subscribers only. Become one now!)

1 dollar = 4 reais

The rollercoaster ride that has dominated Brazilian markets continued strong on Wednesday. After closing up 1.36 percent on Tuesday, the São Paulo stock market index fell 2.94 percent yesterday. Meanwhile, the Brazilian currency lost almost 2...

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