Brazilian interest rate futures rise on Treasury supply and US labor data
Brazilian DI futures rose as a result of increased domestic fixed-rate bond supply and upward pressure from US Treasury yields. The move follows stronger-than-expected US jobless claims, which signaled continued labor market resilience and tempered expectations for aggressive monetary easing.
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US-Iran Conflict: Escalation with Infrastructure Strikes and Missile Launches
The US and Iran have engaged in reciprocal strikes against critical infrastructure following the collapse of a de-escalation memorandum. US strikes are reported against transportation infrastructure in Iran's Hormozgan province, while Iran has reportedly launched ballistic missiles from multiple domestic sites and drone attacks against Gulf nations. The operational intent and full scope of these actions remain unconfirmed by independent sources, indicating a significant, yet unverified, escalation of hostilities.