He Real Brazilian records profits on the last day of the week after two previous consecutive days of losses.
The USD/BRL has started Friday, testing yesterday’s maximum in 5,6748 and then falling to a minimum of two days in 5,6353.
The price of the US dollar against the Brazilian real is quoted at the time of writing on 5,6353, losing 0.70% in the day.
The improvement of the tone about tariff conversations between the US and China drives the Brazilian real
- The Chinese Ministry of Commerce has recognized this Friday that it is evaluating the proposal to initiate negotiations that the US has launched in recent days by different ways. The information has returned some optimism to the market, promoting the Brazilian real, since the main trading partner of Brazil is China.
- Brazil has published today its PMI Global S&P manufacturing for the month of April. The indicator has backed 1.5 points at 50.3 from March 51.8, reaching its lowest level in 16 months. Although it has weakened, the manufacturing sector remains in expansion territory. If the statement, new orders and exports contract again, while production expands only slightly
- For its part, the Non -Agricultural Payrolls of the USA have shown an increase of 177,000 jobs in Aprilwell above the 130,000 expected. As a negative fact, the March figure has been reviewed down 185,000 from 228,000 payrolls published a month ago.
Economic indicator
HSBC PMI manufacturing
The manufacturing purchase managers index (PMI) is published by Markit Capture business conditions in the manufacturing sector. The PMI is an important indicator of the business conditions and the economic conditions of Brazil. A reading exceeding 50 points indicates expansion in economic activity, while a reading of less than 50 points implies a decrease in activity. A result superior to what is expected is up to the BRL, while a result less than the consensus is bassist.
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Last publication:
old May 02, 2025 13:00
Frequency:
Monthly
Current:
50.3
Dear:
–
Previous:
51.8
Fountain:
S&P global
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
