In a day with a very empty agenda, the highlight will be the release of the Central Bank’s weekly exchange rate data. Let’s not forget that the markets in Europe are not open today. Find the highlights of the day below:
Closed markets in Europe – Markets in France, Germany and the United Kingdom remain closed on Boxing Day, the Boxing Day public holiday.
British Columbia releases November monetary and credit statistics – The Central Bank communicates, at 8:30 a.m., the press release on monetary policy and credit operations for the month of November. In October, the credit balance extended to the non-financial sector reached 20.1 trillion reais, representing 160.0% of GDP, with monthly growth of 1.3%. In twelve months, extended credit increased by 11.9%. Expanded credit to businesses reached R$6.8 trillion (54.3% of GDP), with a monthly increase of 0.9%, and extended credit to families reached R$4.7 trillion, with expansions of 1.3% over the month and 11.7% over 12 months.
British Columbia announces weekly exchange rate feed – The Central Bank announces, at 2:30 p.m., the evolution of exchange rates for the week ending December 19. During the previous week, between December 8 and 12, the foreign exchange flow recorded a net outflow of $1.601 billion, resulting from an outflow of $3.519 billion through the financial account and an inflow of $1.918 billion through the trade account. With this data, the foreign exchange flow is now positive at $3.108 billion in December, a result of the inflow of $4.254 billion through the trade account and the outflow of $1.146 billion through the financial account. In 2025, the foreign exchange flow is now negative at $16.646 billion, due to the outflow of $62.631 billion from the financial account and the inflow of $45.984 billion from the trade account.
Lula’s schedule unavailable – President Luiz Inácio Lula da Silva did not make Friday’s agenda known through the Palácio do Planalto.
Haddad is on vacation – The Minister of Finance, Fernando Haddad, is on vacation, without a public agenda.
Galípolo has no opening hours on Friday after Christmas – The president of the Central Bank (BC), Gabriel Galípolo, will not occupy his office hours this Friday after Christmas, according to the institution’s website. The director of economic policy, Diogo Guillen, is due to replace the president on that date. The directors of monetary policy, Nilton David, international affairs and enterprise risk management, Paulo Picchetti, and financial system organization and resolution, Renato Gomes, as well as Guillen, are expected to make internal decisions. The directors of regulation, Gilneu Vivan, and administration, Rodrigo Teixeira, are on vacation. Inspection directors Ailton de Aquino and citizenship and conduct monitoring directors Izabela Correa are expected to take a compensated break.
Mercadante’s schedule was not disclosed – The agenda of the president of the BNDES, Aloizio Mercadante, has not been disclosed.
/i.s3.glbimg.com/v1/AUTH_63b422c2caee4269b8b34177e8876b93/internal_photos/bs/2024/a/8/MqcNC5QSyIv3W7YtfzBg/13b74a3a-64e4-43c5-910f-df796ed11854.jpg)