Unemployment data in Brazil and US PCE: check out this Friday's economic agenda (27) (Image: Andrea Piacquadio/Pex)
A busy day for the financial market, with good expectations for the PCE of the USA. Furthermore, this Friday's economic agenda (27) includes the release of unemployment data here in Brazil.
According to forecasts from the BTG PactualNorth American consumption data should show a slowdown in relation to the month of August. The bank also stated that inflation should continue pointing towards a benign trajectory.
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“We expect the PCE deflator to increase 0.13% towards the headline, characterized by lower deflation of durable goods,” he stated.
As for Brazilian data, BTG believes that the Continuous Monthly National Household Sample Survey (PnadC) in August signaled stability (6.8%), still contributing to the narrative of a resilient job market.
Furthermore, the National Treasury will also release the central government's August primary result today. The bank's projections indicate a deficit of R$22.1 billion.
“This month’s data should reflect less pressure on expenses,” he explained. “In particular, social security benefits should be R$1.0 billion below the value recorded in July and R$1.2 billion below our original projection.”
Check out the agenda for this Friday (27)
| Time | Country | Indicator |
|---|---|---|
| 06h00 | Zona to Euro | Consumer Inflation Expectations (September) |
| 08h00 | Brazil | Trade Survey (September) |
| 08h00 | Brazil | Services Survey (September) |
| 08h00 | Brazil | IGP-M (Setembro) |
| 09h30 | USA | PCE Price Index (August) |
| 11:00 a.m. | USA | Michigan Consumer Perception Index (September) |
| – | Brazil | Continuous Monthly National Household Sample Survey |