Amid Middle East conflicts disrupting global assets, an unexpected boon has been delivered to forex carry trades! The tailwind from rising oil prices has driven the best returns in three years.

In the foreign exchange market, where daily trading volume reaches $9.5 trillion, carry trades—one of the most widely used strategies—are gaining momentum due to surging oil prices and, in some cases, are delivering the best returns in three years.

Zhitong FinanceMar 17 21:40

Brazil's S&P Global Manufacturing PMI fell to 47 in January, according to the Economics report.

S&P Global's latest Purchasing Managers' Index (PMI) release indicates a further deterioration in Brazil's manufacturing sector in January. The manufacturing PMI fell from 47.6 in December to 47 in January, reflecting the most significant decline in industry health in four months. Additionally, the overall index reached its second-lowest level since mid-2023.

AASTOCKSFeb 2 21:44

Brazil's Central Bank Holds Its Key Rate at Lofty 15% -- WSJ

WSJDec 11, 2025 08:18

Brazil's Central Bank Keeps Hawkish Tone, Holds Rates at 15% -- Update

WSJDec 11, 2025 06:39

Brazil's Central Bank Holds Rates as Inflation Remains Above Target

WSJDec 11, 2025 05:46

Morgan Stanley Sees Brazil's Central Bank on Hold This Week

MT NewswiresDec 9, 2025 22:20