Anna Breman super dovish stance is coming through. The RBNZ rate hiking cycle is done. - Future Policy Decisions Will Depend On The Balance Of Risks To Medium-Term Inflation - Future OCR Path Is Not Pre-Determined - Medium-Term Inflation Indicators Are Consistent With Inflation Returning To Target - Spare Capacity Remains In The Economy, Particularly In The Labour Market

We called it 10 days back. #Brazil #lula #EWZ

EWZ (Brazilian ETF) is up almost 40% YTD A Quaest poll released on Thursday found that Bolsonaro, has received 46 percent support among respondents, compared to Lula’s 44 percent. Margin of Error is 2%!!!!! EWZ short risk reward is quite asymmetric.

According to OSINT channels, there were some interesting aircraft movements this morning that may point to ongoing diplomatic efforts to prevent a renewed escalation with Iran. - An Iranian government aircraft reportedly returned to Iran after a one-hour stop in Dubai. Shortly before, a Qatari government aircraft had landed in Tehran. - These movements do not necessarily indicate direct diplomatic contacts, but their timing is interesting, particularly amid reports of continued mediation efforts. #Iran #Qatar

Iran has offered to reopen the Strait of Hormuz if the United States lifts its blockade on Iranian ports, according to Saudi broadcaster Al Arabiya, citing its own sources. Tehran passed the proposal to Washington through Pakistan.