Brazil’s Financial Morning Call for Monday, August 31, 2026
Brazil B3 pre-market setup for August 31: Copom Selic wager, Q2 GDP and PMI data, Locaweb dividend, and the stocks in play before the bell. The post Brazil’s Financial Morning Call for Monday, August 31, 2026 appeared first on The Rio Times .
Brazil’s markets opened on Monday, August 31, with GDP and fiscal data poised to influence the Central Bank’s upcoming decision on the Selic rate. The GDP forecast for the quarter is expected to be soft, with a 0.2% contraction, down from the previous 1.1% reading. Annual growth is also anticipated to slow to 1.5%. Fiscal data includes July’s primary budget surplus and the gross debt-to-GDP ratio, which are projected to result in the debt reaching 82% of GDP.
These macro data points will inform the Central Bank's decision on the Selic benchmark, which was at 14.00% last week. Locaweb's dividend payment and Grupo SBF's extended Nike deal are the main corporate events of the day. The net debt-to-GDP ratio will be a key factor in determining the central bank's stance on policy, with a print above the 68.5% consensus potentially leading to a dovish decision.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
