Archive for August 5th, 2026

Central Bank Watch

Fourth Brazilian Central Bank Interest Rate Cut Since March

August 5, 2026

Four 25-basis point rate cuts at the Central Bank  of Brazil have lowered such to 14.0%, which still remains far above the latest 12-month 4.6% rate of consumer price inflation. Today’s reduction was decided unanimously, and more cautious downward moves are to be expected in coming months.  A three percentage point inflation corridor is targeted, […] More

New Overnight Developments Abroad - Daily Update

Several Claims that an Interim Deal To Open Hormuz Could Be Imminent

August 5, 2026

On the heels of yesterday’s record U.S. equity market closes, financial markets are feeling optimistic. Axios reports that a 60-day deal that would open the Strait of Hormuz involving the U.S., Oman and Iran is very close. Sources in Qatar claim that a draft has been written, and both President Trump and his Treasury Secretary, […] More

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