Sources: The Brazilian government will authorize the Brazilian central bank to roll over $100 billion worth of long-term swaps to increase liquidity and reduce volatility for more than five years.

Sources: Brazil will announce other measures on Monday, including a credit line with international development banks to provide structured project financing.

Sources: Brazil’s new foreign exchange hedging measures will be issued in the form of an executive order.

Spot palladium fell 4.00% on the day and is currently at $934.07 per ounce.

Sources: The Inter-American Development Bank (IDB) will provide Brazil’s central bank with $2 billion in foreign exchange derivatives for green development projects.

Sources: Brazil will announce new currency hedging options next Monday to attract foreign investment while avoiding currency and fiscal risks.

Spot palladium fell more than 3%.

Ukrainian Air Force Spokesperson: There is currently no official data on Russia’s receipt of ballistic missiles from Iran.

The U.S. 4-month Treasury bond auction as of February 21 - the bid-to-bid ratio was 2.97, compared with the previous value of 3.07.

CFO of a regional financial company: Loan growth is expected to slow down in 2024.

Chief Financial Officer of Chuyi Bank: Risk exposure to commercial real estate, especially office buildings, is limited.

ECB Governing Council Member Wensch: We cannot rule out the possibility that monetary policy will remain tight for longer than expected.

European Central Bank Governing Council Member Wensch: It may be too early to have hope for (lowering) interest rates.

Council of the European Union: The Council of the European Union has adopted negotiating authority to extend the suspension of import duties and quotas on exports from Ukraine and Moldova to the EU.

The yield on German 2-year government bonds rose to 2.847% for the first time since November 30, rising 5 basis points on the day.

According to TASS news agency: A Russian court ruled to nationalize Rolf, Russia’s largest automobile holding company.

Institute of International Finance (IIF): Emerging market debt increased to US$104.6 trillion in the fourth quarter of 2023 from US$97.7 trillion in the fourth quarter of 2022.

Institute of International Finance (IIF): The ratio of emerging market debt to GDP will reach a record high in 2023, affected by the increase in debt in countries such as India and Argentina.

Institute of International Finance (IIF): Global debt will hit a new record in 2023, reaching $313 trillion.