Key Facts

The main question this morning is whether Copom can cut the Selic again in August. The Focus survey sees year‑end 2026 inflation at 5.16%.

Brazil releases its July consumer confidence index at 11:00 BRT today. It is a real‑time check on household mood.

The real opens near 5.0841 per dollar. A supportive trade surplus helps steady the currency.

Sabesp (SBSP3) is in sharp focus after leading Thursday’s turnover. It traded R$1.05 billion as investors watch privatisation milestones.