A higher than expected figure should be seen as positive (bullish) for the BRL while a lower than expected figure should be seen as negative (bearish) for the BRL.

Source:  S&P Global
Category:  Composite PMI
Units:  Points
Details
Impact: Low
Country:
Currency: BRL
Latest Release
Previous: 51.2
Consensus: 50.4
Actual:
Next Release
Date: May 06, 13:00
Time left: 8 days
Consensus: 52.2