The market's main core expectation is that the Brazilian central bank will cut interest rates by 25 basis points in August


Probability of a 25bp rate cut is 63%, odds only 1.59x; the blue curve has been at high levels overall for a long time. Although there was a significant pullback in mid-June, it quickly rose again near June 29 to return to high levels, with over half of the funds betting on a rate cut easing in August.
View Original
post-image
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned