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.


SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
BovespaBOVESPA1272180.090.068.34
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum100.0High2024-07-04 19:10:17MacroVar 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
Trend1.0High2024-07-19 07:49:20MacroVar 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 RiskHighMacroVar 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 StocksPremium 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 yieldBR.2Y11.22-0.86-0.028.94
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.0High2024-07-19 07:49:20MacroVar 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
TrendHighMacroVar 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 RiskHighMacroVar 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 YieldBR.10Y11.67-1.75-0.043.94
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.0High2024-07-19 07:49:20MacroVar 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
Trend50.0High2024-07-11 16:56:41MacroVar 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-50.0High2023-12-21 08:59:21MacroVar 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 10YPremium 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 PMIbr.manpmi52.50113
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
MomentumUpHigh2024-07-11 09:32:08Momentum 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
TrendUpHigh2024-07-11 09:32:08A 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 PMIbr.servpmi54.80-13
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
MomentumUpHigh2024-07-11 09:32:08Momentum 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
TrendUpHigh2024-07-11 09:32:08A 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
SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
BovespaBOVESPA1272180.090.068.34
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum100.0High2024-07-04 19:10:17MacroVar 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
Trend1.0High2024-07-19 07:49:20MacroVar 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 RiskHighMacroVar 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 StocksPremium 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 ETFEWZ12.80.390.03-14.09
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Brazil PMI vs ETFPremium Factors are available to premium users only. Upgrade your account.
Momentum0.0High2024-07-19 07:49:20MacroVar 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-1.0High2024-07-19 07:49:20MacroVar 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 Risk0.0High2024-07-04 19:10:17MacroVar 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 yieldBR.2Y11.22-0.86-0.028.94
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.0High2024-07-19 07:49:20MacroVar 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
TrendHighMacroVar 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 RiskHighMacroVar 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 YieldBR.10Y11.67-1.75-0.043.94
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.0High2024-07-19 07:49:20MacroVar 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
Trend50.0High2024-07-11 16:56:41MacroVar 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-50.0High2023-12-21 08:59:21MacroVar 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 10YPremium 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 CurveBR.YC0.49-9.44-0.31307.5
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Research is available only to premium users. Upgrade your account.
Description
Brazil Real US Dollar (BRL/USD)BRLUSD 5.42-0.04012.58
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.5High2024-07-19 07:49:20MacroVar 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
Trend50.0High2024-03-21 13:08:31MacroVar 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 Risk0.0High2023-08-02 17:00:10MacroVar 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 FXPremium 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 FXPremium 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 FXPremium 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 SwapsCDS.Brazil151.50155.380
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Z-scoresPremium 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
SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
Composite PMIbr.comppmi54.1005
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
MomentumUpHigh2024-07-11 09:32:08Momentum 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
TrendUpHigh2024-07-11 09:32:08A 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 PMIbr.manpmi52.50113
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
MomentumUpHigh2024-07-11 09:32:08Momentum 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
TrendUpHigh2024-07-11 09:32:08A 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 PMIbr.servpmi54.80-13
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
MomentumUpHigh2024-07-11 09:32:08Momentum 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
TrendUpHigh2024-07-11 09:32:08A 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.gdpgrowthan2.501992
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
MomentumUpHigh2024-07-11 09:32:08Momentum 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
TrendDownHigh2024-07-11 09:32:08A 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 CPIbr.inflationcpi4.230834
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
MomentumUpLow2024-07-11 09:32:08Momentum 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
TrendDownLow2024-07-11 09:32:08A 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 ratebr.unemploymentrate7.10-5-14
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
MomentumDownLow2024-07-11 09:32:08Momentum 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
TrendDownLow2024-07-11 09:32:08A 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
SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
BovespaBOVESPA1272180.090.068.34
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum100.0High2024-07-04 19:10:17MacroVar 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
Trend1.0High2024-07-19 07:49:20MacroVar 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 RiskHighMacroVar 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 StocksPremium 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 yieldBR.2Y11.22-0.86-0.028.94
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.0High2024-07-19 07:49:20MacroVar 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
TrendHighMacroVar 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 RiskHighMacroVar 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 YieldBR.10Y11.67-1.75-0.043.94
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.0High2024-07-19 07:49:20MacroVar 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
Trend50.0High2024-07-11 16:56:41MacroVar 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-50.0High2023-12-21 08:59:21MacroVar 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 10YPremium 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 5.42-0.04012.58
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.5High2024-07-19 07:49:20MacroVar 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
Trend50.0High2024-03-21 13:08:31MacroVar 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 Risk0.0High2023-08-02 17:00:10MacroVar 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 FXPremium 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 FXPremium 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 FXPremium 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 SwapsCDS.Brazil151.50155.380
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Z-scoresPremium 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

  
Image 1

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.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
Composite PMIbr.comppmi54.15405UPUP
Manufacturing PMIbr.manpmi52.552.1113UPUP
services pmibr.servpmi54.855.3-13UPUP

Brazil Manufacturing

  
Image 1

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.


1IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
Manufacturing PMIbr.manpmi52.552.1113UPUP
industrial productionbr.indproduction-1.08.4-112-153DownDown

Brazil Services

  
Image 1

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.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
services pmibr.servpmi54.855.3-13UPUP

Brazil consumer sentiment

  
Image 1

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).


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
consumer confidencebr.consconfidence43.842.8s29DownUP
unemployment ratebr.unemploymentrate7.17.5s-5-14DownDown
retail salesbr.retailsalesan8.12.2s268-836UPUP
retail sales MoMbr.retailsales1.20.9s33-250UPUP
car registrationsbr.carregistrations214304.0194256s1013UPUP

Brazil Construction

  
Image 1

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.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope

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.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
gdpbr.gdp2173.671920.113-17UPDown
Real GDPbr.realgdp326134.032178119UPUP
gdp growth annualbr.gdpgrowthan2.52.11992DownUP
gdp growthbr.gdpgrowth0.8-0.1-900-43UPDown
inflation cpibr.inflationcpi4.233.93834DownUP
interest ratebr.interestrate10.510.50-24DownDown
unemployment ratebr.unemploymentrate7.17.5-5-14DownDown
government debtbr.govdebt8424193.198347110113UPUP
external debtbr.externaldebt738588.18732643118UPUP
government debt to gdpbr.govdebtgdp74.4271.68445UPUP
current accountbr.currentaccount-3400.0-250036-411DownDown
current account to gdpbr.currentaccountgdp-1.42-2.5-43-51UPUP
exportsbr.exports30920.0427980.31114UPUP
importsbr.imports22332.7821850.623UPUP
foreign exchange reservesbr.fxreserves355559.7335159913UPUP
gold reservesbr.goldres129.65129.65092UPUP
government revenuesbr.govrev228873.01906112012UPUP

Brazil Inflation

  
Image 1

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


IndicatorSymbolActualPreviousM/M%Y/Y%Trend
inflation cpibr.inflationcpi4.233.93834
core inflation ratebr.coreinflationrate4.665.06-8-39
Produce Prices YoYbr.producerpricesch0.17-3.15-105-102

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.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
unemployment ratebr.unemploymentrate7.17.5-5-14DownDown

Brazil Monetary Policy

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


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
interest ratebr.interestrate10.510.50-24DownDown
central bank balance sheetbr.cb.assets4098642000.04127020000-1-1UPDown
banks balance sheetbr.banks.bs10312583.9210110600214UPUP
money supply m1br.msm1652215.0640703210UPUP
money supply m2br.msm26105899.06031550117UPUP
government debt to gdpbr.govdebtgdp74.4271.68445UPUP
loan growthbr.loangrowth0.70.225040DownUP
loans to private sectorbr.loanprivate810494.0811609-010UPUP
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.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
government revenuesbr.govrev228873.01906112012UPUP
Government budgetbr.govbudget-8.9-4.693256DownDown
Government budgetbr.govbudgetvalue-138256.0-696389916DownDown
government debtbr.govdebt8424193.198347110113UPUP
government debt to gdpbr.govdebtgdp74.4271.68445UPUP

Brazil Trade

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


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
current accountbr.currentaccount-3400.0-250036-411DownDown
current account to gdpbr.currentaccountgdp-1.42-2.5-43-51UPUP
balance of tradebr.balanceoftrade6710.08530-21-34DownDown
importsbr.imports22332.7821850.623UPUP
exportsbr.exports30920.0427980.31114UPUP
capital flowsbr.capitalflows-3128.0-4996.3-37373DownDown
foreign direct investmentbr.fdi3020.03900-23-31DownDown
external debtbr.externaldebt738588.18732643118UPUP
foreign exchange reservesbr.fxreserves355559.7335159913UPUP
gold reservesbr.goldres129.65129.65092UPUP