TurimOctober 11 2021

Turim MFO’s September 2021 Economic Report

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Written by Turim MFO

Turim MFO’s monthly Economic Report is now available. Main highlights of the month include:

  • Global Economy : Delta wave loses force
  • US : FED points to tapering. FOMC members foreseeing higher interest rates in 2022
  • China : Evergrande and the risks from the housing sector
  • Brazilian Economy : GDP forecasts for 2022 lowered
  • Brazilian Economy : Monetary Policy: Interest rates at a “significantly contractionist” level
  • Markets : Credit: Evergrande default caused no general contamination on credit markets
  • Stock Market : Local investors adjusted their position in derivatives
  • Global : Energy prices shock

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