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Brazil's Lula predicts policies in place within 100 days, reassures markets

13 Tháng Giêng 2023
Brazil's Lula predicts policies in place within 100 days, reassures markets © Reuters. Brazil's President Luiz Inacio Lula da Silva attends a breakfast with journalists at Planalto Palace in Brasilia January 12, 2023. REUTERS/Adriano Machado

BRASILIA (Reuters) - Brazil's leftist President Luiz Inacio Lula da Silva said on Thursday that he plans to have policies ready within 100 days so the country "runs at normal speed" again and told financial markets they should not worry about his Workers Party government.

Addressing Sunday's storming of government building in Brasilia by supporters of former President Jair Bolsonaro, Lula told reporters that "what happened was a huge warning, we won the election but fanatic Bolsonaro supporters are very dangerous."

"Going forward we will be tougher and even more cautious," he said. "We must find out who is funding these acts, that is what puts democracy at risk.

Supporters of right-wing Bolsonaro ransacked Brazil's Congress, Supreme Court and presidential palace on Sunday, calling for a military coup to overturn the October election won by Lula.

Despite the events, Lula said Defense Minister Jose Mucio will remain in office, saying "I trust him."

"If I had to fire a minister every time they made a mistake, the turnaround would be enormous," Lula said.

The 77-year-old President also said that markets should not worry about his Workers Party government.

"I always oversaw primary surpluses", said Lula, who was also President of Brazil between 2003 and 2010.

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08-06-2023 18:33:12 (UTC+7)

EUR/USD

1.0735

+0.0036 (+0.34%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

EUR/USD

1.0735

+0.0036 (+0.34%)

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↑ Buy

Moving Avg:

Buy (12)

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Indicators:

Buy (8)

Sell (1)

GBP/USD

1.2471

+0.0032 (+0.26%)

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↑ Buy

Moving Avg:

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Buy (7)

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USD/JPY

139.74

-0.39 (-0.28%)

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AUD/USD

0.6684

+0.0032 (+0.48%)

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USD/CAD

1.3357

-0.0013 (-0.10%)

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Sell

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EUR/JPY

150.00

+0.07 (+0.05%)

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EUR/CHF

0.9758

+0.0020 (+0.21%)

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Gold Futures

1,960.45

+2.05 (+0.10%)

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Silver Futures

23.812

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Copper Futures

3.7458

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Crude Oil WTI Futures

73.12

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77.52

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Natural Gas Futures

2.356

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US Coffee C Futures

185.78

+0.38 (+0.20%)

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Euro Stoxx 50

4,297.35

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Neutral

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S&P 500

4,267.52

-16.33 (-0.38%)

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DAX

15,987.55

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FTSE 100

7,614.40

-9.94 (-0.13%)

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Buy

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Hang Seng

19,299.18

+47.18 (+0.25%)

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US Small Cap 2000

1,891.11

+35.71 (+1.92%)

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↑ Buy

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IBEX 35

9,383.97

+24.17 (+0.26%)

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↑ Buy

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BASF SE NA O.N.

47.235

+0.785 (+1.69%)

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Bayer AG NA

52.18

+0.05 (+0.10%)

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Sell

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Allianz SE VNA O.N.

209.78

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Adidas AG

159.23

-0.03 (-0.02%)

Summary

Neutral

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Deutsche Lufthansa AG

9.125

-0.008 (-0.09%)

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Siemens AG Class N

158.13

-0.33 (-0.21%)

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9.925

+0.113 (+1.15%)

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Buy

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 EUR/USD1.0735↑ Buy
 GBP/USD1.2471↑ Buy
 USD/JPY139.74↑ Sell
 AUD/USD0.6684↑ Buy
 USD/CAD1.3357Sell
 EUR/JPY150.00↑ Sell
 EUR/CHF0.9758Sell
 Gold1,960.45Neutral
 Silver23.812↑ Buy
 Copper3.7458↑ Sell
 Crude Oil WTI73.12↑ Buy
 Brent Oil77.52↑ Buy
 Natural Gas2.356↑ Buy
 US Coffee C185.78Buy
 Euro Stoxx 504,297.35Neutral
 S&P 5004,267.52↑ Sell
 DAX15,987.55↑ Sell
 FTSE 1007,614.40Buy
 Hang Seng19,299.18↑ Buy
 Small Cap 20001,891.11↑ Buy
 IBEX 359,383.97↑ Buy
 BASF47.235↑ Buy
 Bayer52.18Sell
 Allianz209.78↑ Buy
 Adidas159.23Neutral
 Lufthansa9.125↑ Sell
 Siemens AG158.13↑ Sell
 Deutsche Bank AG9.925Buy
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SJC Eximbank6,640/ 6,680
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Cập nhật 08-06-2023 18:33:14
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Cập nhật lúc 18:26:24 08/06/2023
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