Issue 01 March 2026

When Brent doubled in three days

Selic cut 25 bps. Brent +60%. The dollar barely moved. The month when everything happened at once.

Ibovespa −0.70%
BRL/USD +0.88%
Brent +60%
Selic −25 bps
IPCA-15 monthly

English translation in progress. Read the Portuguese version here, or subscribe to receive future editions.