At 10:24 am (Brasilia time) this Wednesday (18), the Ibovespa It was operating with a slight decrease of 0.45%, at 179,601.23 points, however, with an accumulated gain in the partial week of 1.38%. On the previous day (17), the main indicator of Brazilian Stock Exchange (B3) It rose 0.30%, to 180,409.73 points. The most heavily weighted component of the B3 index is… Vale (VALE3) On the other hand, the shares registered a decline of 0.67%. Petrobras (PETR3; PETR4) They rose 1.08% and 0.99%, respectively.

Super Wednesday in the spotlight

This morning, the market is following the call. "Super Wednesday"when the Monetary Policy Committee (Copom) and the Federal Reserve (Fed) They announce their interest rate decisions for Brazil and the United States, respectively. The prevailing expectation is that… A 0.25 percentage point cut in the Selic rate in Brazil.while the Fed he must maintain US interest ratesFollowing the decision, the chairman of the US Federal Reserve, Jerome Powell, will hold a press conference. Additionally, investors are reacting to the news. Producer Price Index (PPI) US inflation for the month of February increased by 0.7% compared to the previous month, according to data released this Wednesday by Department of Labor Statistics.

War and oil remain on the radar.

Monetary decisions are being made in an environment of high uncertainty regarding the war in the Middle East between the United States, Israel, and Iran, which has already begun in the 2010s. Day 19Israel has intensified its offensive, while Iran maintains a rigid stance against proposals to reduce tensions. The conflict has influenced the rise in oil prices., raising concerns about global inflationary and logistical impacts. Despite this, investors viewed the news of an agreement between with optimism. Iraqi and Kurdistan authorities to resume exports through the Turkish port of Ceyhan.. Even so, the Strait of Hormuz It remains largely closed, keeping the market on alert regarding the global energy supply.

This text was translated by machine from Brazilian Portuguese.