BRL in the spotlight: latest news

On Tuesday, March NY world sugar #11 (SBH26) rose by 0.04 cents, or 0.27%, while March London ICE white sugar #5 (SWH26) fell by 1.00 cents, or 0.24%.

Brazil's financial market has reduced its inflation forecast for 2026 from 4.02% to 4%, while maintaining the 2027 forecast at 3.80%, according to the Central Bank.

Global commodity markets experience cycles of concentration and diversification. Precious metals serve as both financial hedges and important industrial materials, highlighting their dual role in the economy.

Brazil recorded a current account deficit of $69 billion in 2025. In December alone, net outflows reached $3.3 billion, a significant decrease from $10.3 billion in the same month the previous year. The total for the year fell nearly R$8 billion short of the Central Bank's projections.

Global sugar prices are experiencing a decline, with March NY world sugar #11 (SBH26) falling by 0.22 to reach a decrease of 1.47%. Similarly, March London ICE white sugar #5 (SWH26) has dropped by 6.90, reflecting a decrease of 1.57%. This downward trend is attributed to increased sugar output worldwide.

Forecasted rainfall in Brazil is anticipated to enhance corn production, leading LSEG to increase its corn harvest forecast for Argentina.