StockNow
Log in
Other

Brazilian Retail Sales (Jun YY) 2.9% vs. Exp. 2.4% (Prev. 0.4%)

StockNow breaking-news AI analysis

Brazil's June retail sales beat expectations at 2.9% YY, highlighting resilient demand that may complicate the Central Bank's path to further interest rate cuts from the current 14.00% level.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
U.S. Markets

PPI PCE Components (July)

Fed

Fed's Hammack (Voter, Hawkish Dissenter) reiterates the need to raise rates right now; labour market is stable, inflation data amid recent shocks has risen

Geopolitics

Iran says Tehran-Muscat talks are ongoing, and are progressing positively, having achieved progress on several levels, reports Al Mayadeen