Brazil Economy & Brazil Markets Data analytics

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MacroVar monitors real-time economic, financial and geopolitical developments for the Brazil economy and Brazil markets by analyzing financial, economic data and real-time news using statistical models. To help you forecast and analyze economic and financial developments, our team provides you with explanations of the theory and structure of our models and access to financial and economic data.

Brazil Overview

 
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Brazil Overview presents the current trends and dynamics of the major Brazil financial markets and economic indicators. Select Details to get more information for each indicator, use Factors to monitor current statistical analysis of financial & economic factors affecting the specific asset, and select research to read the latest MacroVar research for the specific asset/indicator.


Symbol Price 1D% MoM% YoY% M T B Factors Research Details
Bovespa BOVESPA 127218 0.09 0.06 8.34 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum -0.5 blank High 2024-10-07 08:47:02 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 0.5 blank High 2024-10-07 08:47:02 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk High MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Brazil PMI vs Stocks Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Brazil 2-year bond yield BR.2Y 11.22 -0.86 -0.02 8.94 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 1.0 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 1.0 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk High MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Brazil 10-Year Bond Yield BR.10Y 11.67 -1.75 -0.04 3.94 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 0.5 blank High 2024-10-07 08:47:02 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 1.0 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk -50.0 blank High 2023-12-21 08:59:21 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Brazil PMI vs 10Y Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Manufacturing PMI br.manpmi 54 3 3 13 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum UP blank High 2024-07-31 12:09:13 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend UP blank High 2024-07-31 12:09:13 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Services PMI br.servpmi 54.8 -1 -1 3 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum UP blank High 2024-09-04 10:38:08 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend UP blank High 2024-09-04 10:38:08 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Symbol Price 1D% MoM% YoY% M T B Factors Research Details
Bovespa BOVESPA 127218 0.09 0.06 8.34 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum -0.5 blank High 2024-10-07 08:47:02 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 0.5 blank High 2024-10-07 08:47:02 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk High MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Brazil PMI vs Stocks Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Brazil Small-Cap ETF EWZ 12.8 0.39 0.03 -14.09 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Brazil PMI vs ETF Premium Factors are available to premium users only. Upgrade your account.
Momentum 0.0 blank High 2024-10-07 08:47:02 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend -0.75 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk 0.0 blank High 2024-08-06 11:34:32 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Brazil 2-year bond yield BR.2Y 11.22 -0.86 -0.02 8.94 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 1.0 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 1.0 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk High MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Brazil 10-Year Bond Yield BR.10Y 11.67 -1.75 -0.04 3.94 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 0.5 blank High 2024-10-07 08:47:02 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 1.0 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk -50.0 blank High 2023-12-21 08:59:21 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Brazil PMI vs 10Y Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Brazil Yield Curve BR.YC 0.6 9.17 -0.17 72.46 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Research is available only to premium users. Upgrade your account.
Description
Brazil Real US Dollar (BRL/USD) BRLUSD 5.42 -0.04 0 12.58 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum -0.5 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 0.75 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk 0.0 blank High 2023-08-02 17:00:10 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Brazil 10Y vs FX Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Brazil 2Y vs FX Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Brazil PMI vs FX Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Brazil Credit Default Swaps CDS.Brazil 158 0 166 0 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Z-scores Premium Factors are available to premium users only. Upgrade your account. MacroVar CDS and Volatilites are analyzed by calculating the 1-year and 5-year z-scores. Extreme values of absolute z-scores (greater than 2) indicate elevated credit risk conditions and vice-versa.Learn More about MacroVar Risk Management model
Research is available only to premium users. Upgrade your account.
Description
Symbol Price 1D% MoM% YoY% M T B Factors Research Details
Composite PMI br.comppmi 54.1 0 0 5 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum UP blank High 2024-09-04 10:38:08 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend Down blank High 2024-09-04 10:38:08 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Manufacturing PMI br.manpmi 54 3 3 13 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum UP blank High 2024-07-31 12:09:13 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend UP blank High 2024-07-31 12:09:13 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Services PMI br.servpmi 54.8 -1 -1 3 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum UP blank High 2024-09-04 10:38:08 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend UP blank High 2024-09-04 10:38:08 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
GDP Growth (annual) br.gdpgrowthan 2.5 19 19 92 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum Down blank High 2024-08-10 07:59:38 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend UP blank High 2024-08-10 07:59:38 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Inflation CPI br.inflationcpi 4.23 8 8 34 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum Down blank Low 2024-10-07 08:34:04 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend UP blank Low 2024-10-07 08:34:04 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Unemployment rate br.unemploymentrate 6.9 -3 -3 -14 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum Down blank Low 2024-09-26 13:17:01 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend Down blank Low 2024-09-26 13:17:01 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Symbol Price 1D% MoM% YoY% M T B Factors Research Details
Bovespa BOVESPA 127218 0.09 0.06 8.34 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum -0.5 blank High 2024-10-07 08:47:02 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 0.5 blank High 2024-10-07 08:47:02 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk High MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Brazil PMI vs Stocks Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Brazil 2-year bond yield BR.2Y 11.22 -0.86 -0.02 8.94 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 1.0 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 1.0 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk High MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Brazil 10-Year Bond Yield BR.10Y 11.67 -1.75 -0.04 3.94 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 0.5 blank High 2024-10-07 08:47:02 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 1.0 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk -50.0 blank High 2023-12-21 08:59:21 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Brazil PMI vs 10Y Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Brazil Real US Dollar (BRL/USD) BRLUSD 5.42 -0.04 0 12.58 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum -0.5 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 0.75 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk 0.0 blank High 2023-08-02 17:00:10 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Brazil 10Y vs FX Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Brazil 2Y vs FX Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Brazil PMI vs FX Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Brazil Credit Default Swaps CDS.Brazil 158 0 166 0 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Z-scores Premium Factors are available to premium users only. Upgrade your account. MacroVar CDS and Volatilites are analyzed by calculating the 1-year and 5-year z-scores. Extreme values of absolute z-scores (greater than 2) indicate elevated credit risk conditions and vice-versa.Learn More about MacroVar Risk Management model
Research is available only to premium users. Upgrade your account.
Description

Brazil Economic Overview

  
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Brazil economic overview presents a snapshot of Brazil current economic conditions. You can find details for the Brazil economy subsections by exploring the sections below.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
Composite PMI br.comppmi 52.9 56 -6 5 Down UP
Manufacturing PMI br.manpmi 54.0 52.5 3 13 UP UP
services pmi br.servpmi 54.2 56.4 -4 7 UP UP

Brazil Manufacturing

  
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MacroVar tracks hundreds of indicators related to Brazil manufacturing. Our focus is on the most important leading indicators based on the ISM report and related indicators. The ISM report is the most important report reflecting the real demand of goods in the Brazil economy.


1Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
Manufacturing PMI br.manpmi 54.0 52.5 3 13 UP UP
industrial production br.indproduction 2.2 6.1 -64 340 Down UP

Brazil Services

  
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MacroVar tracks hundreds of indicators related to Brazil services. Our focus is on the most important leading indicators based on the ISM report and related indicators. The ISM report is the most important report reflecting the real demand of services in the Brazil economy.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
services pmi br.servpmi 54.2 56.4 -4 7 UP UP

Brazil consumer sentiment

  
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Consumer spending makes up 67% of the U.S. Economy. MacroVar monitors direct consumer reports like the University of Michigan Consumer Sentiment Index and indirect macroeconomic indicators related to Brazil employment and Brazil consumer activity (building permits).


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
consumer confidence br.consconfidence 43.8 42.8s 2 9 Down UP
unemployment rate br.unemploymentrate 6.6 6.8s -3 -15 Down Down
retail sales br.retailsalesan 5.1 4.4s 16 112 UP UP
retail sales MoM br.retailsales -0.3 0.6s -150 50 Down Down
car registrations br.carregistrations 237382.0 241336s -2 20 UP UP

Brazil Construction

  
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The Brazil construction sector is a significant component of the Brazil economy. MacroVar monitors leading indicators of construction activity like building permits and new home sales.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope

Brazil Macroeconomic outlook

  
Brazil Macroeconomic outlook presents an overview of the long-term fundamental coincident factors of the Brazil economy. Components monitored are the country's rserves, debt, Monetary Policy and Fiscal Policy. Explore Brazil macroeconomic model in detail.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
gdp br.gdp 2173.67 1920.1 13 -17 UP Down
Real GDP br.realgdp 334868.0 326134 3 11 UP UP
gdp growth annual br.gdpgrowthan 3.3 2.5 32 -73 UP Down
gdp growth br.gdpgrowth 1.4 1 40 -800 UP UP
inflation cpi br.inflationcpi 4.42 4.24 4 -15 UP Down
interest rate br.interestrate 10.5 10.5 0 -24 Down Down
unemployment rate br.unemploymentrate 6.6 6.8 -3 -15 Down Down
government debt br.govdebt 8898037.21 8826380 1 14 UP UP
external debt br.externaldebt 741134.78 738588 0 16 UP UP
government debt to gdp br.govdebtgdp 74.42 71.68 4 45 UP UP
current account br.currentaccount -6589.0 -4946 33 580 Down Down
current account to gdp br.currentaccountgdp -1.42 -2.5 -43 -51 UP UP
exports br.exports 30920.04 27980.3 11 14 UP UP
imports br.imports 23425.65 24250.6 -3 9 UP UP
foreign exchange reserves br.fxreserves 369213.86 363282 2 7 UP UP
gold reserves br.goldres 129.65 129.65 0 92 UP UP
government revenues br.govrev 201620.0 231000 -13 17 Down UP

Brazil Inflation

  
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MacroVar monitors major inflation indexes and subcompoonents based on Bureau of Labour Statistics monthly report.


Indicator Symbol Actual Previous M/M% Y/Y% Trend
inflation cpi br.inflationcpi 4.42 4.24 4 -15 blank
core inflation rate br.coreinflationrate 3.55 3.53 1 -51 blank
Produce Prices YoY br.producerpricesch 6.42 6.63 -3 -160 blank

Brazil Employment

  
MacroVar monitors leading indicators (ISM/NMI employment activity), coincident (Initial & Continuing jobless claims) and lagging indicators of Brazil employment. Brazil employment is one of the major factors affecting Brazil monetary policy.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
unemployment rate br.unemploymentrate 6.6 6.8 -3 -15 Down Down

Brazil Monetary Policy

  
Brazil Monetary policy is monitored by tracking the most important indicators related to the Fed's balance sheet and interest rates.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
interest rate br.interestrate 10.5 10.5 0 -24 Down Down
central bank balance sheet br.cb.assets 4098642000.0 4127020000 -1 -1 UP Down
banks balance sheet br.banks.bs 10312583.92 10110600 2 14 UP UP
money supply m1 br.msm1 672138.0 661927 2 13 UP UP
money supply m2 br.msm2 6364468.0 6308100 1 14 UP UP
government debt to gdp br.govdebtgdp 74.42 71.68 4 45 UP UP
loan growth br.loangrowth 0.9 0.4 125 -31 UP Down
loans to private sector br.loanprivate 845671.0 838640 1 9 UP UP
Brazil Credit Rating (S&P) RATING.S&P.BR
Brazil Credit Rating (Moody's) RATING.MOODYS.BR
Brazil Credit Rating (Fitch) RATING.FITCH.BR

Brazil Fiscal Policy

  
Brazil Fiscal policy is monitored by tracking the most important indicators related to the Treasury's decisions on government spending, revenues and budget surplus/deficit.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
government revenues br.govrev 201620.0 231000 -13 17 Down UP
Government budget br.govbudget -8.9 -4.6 93 256 Down Down
Government budget br.govbudgetvalue -90381.0 -101472 -11 -15 UP UP
government debt br.govdebt 8898037.21 8826380 1 14 UP UP
government debt to gdp br.govdebtgdp 74.42 71.68 4 45 UP UP

Brazil Trade

  
Brazil trade activity is monitored by tracking Trade and Capital flows.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
current account br.currentaccount -6589.0 -4946 33 580 Down Down
current account to gdp br.currentaccountgdp -1.42 -2.5 -43 -51 UP UP
balance of trade br.balanceoftrade 5360.0 4830 11 -42 Down Down
imports br.imports 23425.65 24250.6 -3 9 UP UP
exports br.exports 30920.04 27980.3 11 14 UP UP
capital flows br.capitalflows -7248.0 -4909.7 48 -652 Down Down
foreign direct investment br.fdi 6100.0 7300 -16 -16 UP Down
external debt br.externaldebt 741134.78 738588 0 16 UP UP
foreign exchange reserves br.fxreserves 369213.86 363282 2 7 UP UP
gold reserves br.goldres 129.65 129.65 0 92 UP UP