Key Points

The real has slipped past R$5.20 to the dollar this morning, its weakest in weeks, as caution builds ahead of the US jobs report.

The Ibovespa is holding near 171,700 after a third small down day, still comfortably above its longer-term floor.

The main event lands at 09:30 Brasília time: the US June jobs report, brought forward before the July 4 holiday.

A first look at US hiring was soft on Wednesday, with private payrolls adding just 98,000 jobs, below expectations.