Ibovespa Futures Advance After Slower-Than-Forecast Inflation
June 26, 2014 by Avila Capital Markets, Inc.
Ibovespa futures advanced, following the biggest one-day slump this month for the equity index, as a report showed consumer prices increased less than forecast in Brazil’s biggest city.
Petroleo Brasileiro SA may move after people familiar with the matter said an agreement to pay the Brazilian government $6.8 billion over five years for new oil rights was made public before it was presented to its board. Food company BRF SA may be active after Brazil’s antitrust regulator approved the sale of some assets to competitor Minerva SA.
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