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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

Trump Deepens Tariff Cuts on Brazilian Food Imports as Grocery Inflation Hits Voters

Investor Takeaways 1. Grocery inflation may ease , particularly for coffee, beef, and juice, though price relief will depend on how quickly shipments resume. 2. The move marks a subtle recalibration of Trump’s tariff agenda , acknowledging that sweeping trade penalties have fueled consumer price pressures. 3. Brazil–US relations enter a more constructive phase , reducing uncertainty for commodities traders and consumer goods importers. 4. For markets: Soft commodities  (coffee, beef, OJ futures) may see pricing pressure as US demand normalizes. Consumer staples  stocks with high exposure to these inputs may benefit from margin relief. Broader trade policy remains volatile , especially as Trump balances geopolitical goals with voter sensitivity to inflation. US President Donald Trump has expanded tariff exemptions on a wide range of Brazilian food imports, escalating efforts to ease household cost pressures ahead of 2026 as voter dissatisfaction over the cost of living intensif...

Global Rate Cuts Sweep the World — But the Fed Isn’t Budging

Trump wants cuts. Markets want clarity. The Fed says: not so fast. While central banks around the globe are  slashing interest rates  in response to tariff turmoil and cooling inflation, the  Federal Reserve remains cautious  — resisting political pressure from President Trump to loosen monetary policy. Key Takeaways from Bloomberg’s Global Rate Watch : 🔹  Fed (US): ➡ Current: 4.5% | Forecast: 4.25% ➡  One rate cut expected —possibly in Q4. ➡ Trump wants action, but policymakers are wary of inflation risks from tariffs. 🔹  ECB (Europe): ➡ Forecasts two more cuts this year to 1.5%. ➡ Tariff threats on pharma exports weigh on eurozone growth. 🔹 BOJ (Japan): ➡ Could raise rates  slightly  amid inflation and wage growth, but politics may delay action. 🔹  BOE (UK): ➡ Expected to cut rates twice by year-end as job markets weaken and inflation stays sticky. 🔹  BOC (Canada): ➡ Two rate cuts likely this year due to softening growth. ...

Tariff Trouble Brews: Why Trump’s Brazil Move Could Hit Coffee, OJ, and More

A bitter brew may be ahead for American coffee lovers — and potentially investors — as President Trump announces a  50% tariff on Brazilian imports , effective Aug 1. The shock move threatens not only Brazil–U.S. trade but also  global commodity flows  in  coffee ,  orange juice , and  ethanol . Coffee: America's Morning Habit Just Got Pricier Brazil supplies 33% of U.S. coffee demand  (8.14 million bags in 2024). With a 50% tariff, U.S. roasters are unlikely to absorb the cost. Arabica futures jumped 1.3%  Thursday on tariff fears. Analysts say the U.S. will turn to Colombia, Honduras, Peru — but these origins  lack Brazil’s volume and pricing power . “Brazil will sell elsewhere. U.S. buyers will pay more,” said broker Michael Nugent. Orange Juice: Supply Squeeze Worsens Over 50% of U.S. OJ imports come from Brazil. Domestic OJ production is at an  88-year low , hit by disease, hurricanes, and frost. OJ futures surged 6%  Thursday,...