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Finance & Markets

Nasdaq Slide Clouds Asian Open, Oil Falls on Iran: Markets Wrap

Asian technology stocks looked set for losses Tuesday after a selloff in US chipmakers deepened, overshadowing a plunge in oil prices on hopes for diplomatic progress toward ending the war in Iran.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Lula Allies Press Central Bank for Rate Cut

Lula allies urge a Selic cut before Wednesday's Copom decision. The rate is 13.75% and traders price a hold at 84.5%. What it means for you.

  • Lula-backed lawmakers urged Central Bank for rate cut before Wednesday's decision.
  • Selic rate at 13.75%, rate committee (Copom) meeting on Wednesday.
  • Prediction markets favored no change at 84.5%, 13% chance of quarter-point cut.

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