Brazil's Copom is widely expected to cut the Selic benchmark rate from 14.25% to 14.00% on Wednesday, backed by cooling inflation and market pricing for a shallower easing path than Lula wants.

Brazil's financial morning call: Copom August-meeting wagers, industrial production data, and corporate radar from MRV to SOEs set the B3 pre-market tone.

Dados de inflação e atividade ajudam e dão espaço para Copom reduzir taxa em 0,25 ponto percentual pela quarta reunião seguida