It took only 11 days in office for Brazil’s Acting President Michel Temer to suffer his first major setback. The day before he was due to shepherd a bill through Congress to help revive investor confidence, Temer’s Budget Minister Romero Juca on Monday was forced to step down over allegations that he wanted to obstruct a probe into graft and money laundering. James Crombie of the Bloomberg Latin America Brief breaks down Brazil's bumpy road ahead.

(Bloomberg) -- A discussion of the day's Bloomberg BRIEF. You can read analysis and other news, market data and expert commentary from the world's most trusted economists and analysts in the Bloomberg BRIEF digital newsletters. Subscribe through bloombergbriefs.com or the Bloomberg Terminal function {BRIEF}.\u0010\u0010Guest:\u0010Yelena Shulyatyeva, Senior Economist for Bloomberg Intelligence, on today's economic news: Fed speak.

(Bloomberg) -- Bloomberg - The First Word with Karen Moskow and Bob Moon.

GUEST:

Antonin Jullier

Global Head:Equity Trading Strategies

Citigroup Global Markets Limited

(Bloomberg) -- Bloomberg - The First Word with Karen Moskow and Bob Moon.

GUESTS:

Christopher Sell

Bloomberg Journalist

Bloomberg LP

Billy House

Bloomberg Journalist

Bloomberg Editorial

Saudi Arabia continues to produce at record levels to price out the competition, Iran is adamant that it won't curb production until output reaches pre-sanctions levels, and the rest of OPEC sits on the sidelines as the prospect of a production freeze looks less and less likely. Christopher Sell of the Bloomberg Oil Brief weighs in.

(Bloomberg) -- Bloomberg - The First Word with Karen Moskow and Bob Moon.

GUEST:

Hans-Guenter Redeker

Mng Dir/Global Head:FX Strategy

Morgan Stanley & Co Intl PLC

(Bloomberg) -- Bloomberg - The First Word with Karen Moskow and Bob Moon.

GUEST:

Aleksandrs Rozens

Bloomberg Journalist

Bloomberg LP

Aleks Rozens of the Bloomberg Distress and Bankruptcy Brief discusses debt dynamics in the oil patch as well as the fate of a former phonebook distributor.

(Bloomberg) -- A discussion of the day's Bloomberg BRIEF. You can read analysis and other news, market data and expert commentary from the world's most trusted economists and analysts in the Bloomberg BRIEF digital newsletters. Subscribe through bloombergbriefs.com or the Bloomberg Terminal function {BRIEF}.\u0010\u0010GUEST:\u0010Felipe Hernandez, Latin American Economist for Bloomberg Intelligence, on today's economic news: Latin American currencies falling as expectations for Fed rate hikes increase.

(Bloomberg) -- Bloomberg - The First Word with Karen Moskow and Bob Moon.

GUEST:

Siobhan Wagner

Bloomberg Journalist

Bloomberg Editorial