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July 1, 2026

The Point for Latin America

Daily UpdateCryptoEquitiesMacro Economic IndicatorsConsumer StaplesEnergy

This report covers various company and industry updates across Latin America, including developments for MercadoLibre, B3, and Tenda, alongside macroeconomic commentary on Brazil's interest rates and global digital asset trends.

Key Takeaways

  • 1.The Selic interest rate calibration cycle in Brazil is likely finished due to an inflation outlook that has worsened.
  • 2.Bitcoin and Ethereum forecasts were reduced due to a lack of investor risk appetite and negative ETF flows.

Table of Contents

  • Company
  • Industry
  • Strategy & Economics
  • Global
  • Key Rating and Target Price Changes
  • Appendix A-1

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Authors

João Pedro SoaresLeandro Bastos

Securities

MELIB3SA3.SABTC

Themes

Crypto Market SentimentInterest Rate Stability

Regions

Latin AmericaBrazilMexicoUnited States