Brazil’s real climbed to a one-week high as signs of weakness in the U.S. damped prospects for an increase in interest rates by the Federal Reserve and bolstered demand for riskier assets with better returns.
Brazil’s economic team sees a credit rating downgrade by Moody’s Investors Service as almost unavoidable, Valor Economico reported Tuesday, without saying where it got the information. The government will present fiscal adjustment measures when Moody’s officials visit Brasilia this week, according to Valor.
Brazil Energy Insight 
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