In the week ahead, the U.S. will publish data on inflation and trade. Overseas, Japan will release figures on household spending and Mexico will report on inflation. Wednesday: Brazil’s central bank is widely expected to keep its Selic benchmark rate at the historic low of 6.5% where it has been since March 2018, amid low economic growth and inflation. Analysts forecast a stable Selic for this year, with an upward trend in 2020.

Source: Wall Street Journal May 05, 2019 18:56 UTC