At 10:20 am (Brasilia time) this Monday (23), the Ibovespa It was operating at a strong high of 1.53%, at 178,913.16 points. On Friday (20), the main indicator of Brazilian Stock Exchange (B3) It fell 2.25%, to 176,219.40 points, with an accumulated loss of 0.91% for the week. Of greater weight in the composition of B3Vale (VALE3) It registered an increase of 1.06%. Conversely, the shares of Petrobras (PETR3; PETR4) They recorded broad losses of 1.93% and 2.19%, respectively, pressured by the global fall in oil prices, a reflection of… postponement of new attacks by United States to Iran in the Middle East, following progress in negotiations between the two countries.

Geopolitics remains on the radar.

This morning, with no relevant economic indicators released in Brazil and the United States, investors are monitoring developments… war in the Middle East, which enters its fourth week. The surge in oil prices, driven by the closing of Strait of HormuzThis has raised concerns about global inflation and reinforced bets on higher interest rates in major economies. Over the weekend, the US president, Donald Trump, set a deadline for Iran to fully reopen the sea route. However, today the Republican claimed to have ordered the Department of Defense the Suspension of air strikes against Iranian energy facilities. for five days.

Focus and interest rates in Brazil

In the domestic context, the Central Bank released a new edition of the Focus Bulletin, with data collected up to last Friday (20). The report raised the rate projection. Selic for 2026, from 12.25% to 12.50% per year, in addition to adjustments in the estimates of inflation (IPCA) and exchange for the next few years. Last week, the Monetary Policy Committee (Copom) The Brazilian government unanimously reduced the Selic rate by 0.25 percentage points to 14.75% per year.

This text was translated by machine from Brazilian Portuguese.