The Federal Government has finally given indications that the much-awaited new Mining Code is about to be enacted.

Brazil's fixed-income futures reacted Tuesday to Central Bank President Alexandre Tombini's comments by pushing back bets on a tightening cycle's start to in May rather than April.

Brazil's tightly-controlled currency market continues to look for hints from
policymakers, who last week seemed to have their signals crossed.

Brazil Central Bank Monetary Policy Committee (Copom) will make one of its least suspenseful
decisions Wednesday evening, when, unless policymakers choose to reverse months
of explicit signaling, they will keep the Selic overnight rate steady at 7.25%.

Brazil's IBGE state
statistics agency will release data on inflation and industry that may impact
markets the week before the Central Bank Monetary Policy (Copom) meeting January
16.

Brazil's Central
Bank will release its quarterly inflation report Thursday, with updated
forecasts for inflation through 2014 and monetary policymakers' first official
2013 GDP forecast.

Data releases this week may indicate whether Brazil's economy is
accelerating, as Finance Minister Guido Mantega insists, or settling into a pace
no faster than 3%.

Brazil's Central Bank Monetary Policy Committee (Copom) Thursday releases
the minutes from last week's meeting, when it left the Selic at 7.25%, ending
the 525 basis point easing cycle begun in August 2011. But the minutes may be

Recently, the Department of Trade Remedies (DECOM) of the Ministry of Development, Industry and Foreign Trade (MDIC) has initiated new anti-dumping investigations and sunset reviews in Brazil, as follows:

Em 14 de novembro de 2012, foi publicada a Resolução nº 80 da Câmara de Comércio Exterior (CAMEX), que criou o Grupo Técnico sobre Alterações Temporárias da Tarifa Externa Comum do Mercosul (GTAT-TEC).