IN BRIEF (Page 16)

Brazil's 'real to rally'

Brazil's real will extend a six-week rally for two to three months before weakening again as commodity prices slump, according to Empresa Brasileira de Aeronautica SA, the nation's largest industrial goods exporter.

Rising Brazilian exports to China helped the real gain 10 percent since March 31, the third-best performance versus the dollar among the most-traded currencies, data compiled by Bloomberg show. The nation's trade surplus grew to an 11-month high in April as China bought more commodities such as iron ore and became Brazil's main trading partner.