At 10:20 am (Brasilia time) this Wednesday (8), the Ibovespa It was operating at a significant high of 2.29%, at 192,577.59 points, with an accumulated gain of almost 2.69% in the partial week. On the previous day (7), the main indicator of Brazilian Stock Exchange (B3) It rose 0.05%, to 188,258.91 points. The most heavily weighted component of the B3 index is… Vale (VALE3) It advanced 3.11%, while the shares Petrobras (PETR3; PETR4) They plummeted 7.75% and 7.11%, respectively.
Truce in the Middle East boosts optimism
This morning, market participants followed the geopolitical and economic developments of the recently announced… temporary ceasefire between United States and Iranwhich reduced the perception of global risk. With the reopening of Strait of Hormuz With expectations of a normalization of oil flows, prices for the energy commodity fell to below $100 per barreleasing inflationary concerns. Negotiations for a final agreement are expected to begin in April 10thin Islamabad, Pakistan, the country that mediated the initial truce. Also on the international front, the market awaits the release of… FOMC minutesof Federal Reserve (Fed), scheduled for 3pmwhich may provide new clues about the conduct of monetary policy in the US.
Domestic scenario follows politics and the Central Bank.
In Brazil, investors are monitoring the president's participation. from the Central Bank (BC), Gabriel GalípoloIn a session of the Parliamentary Commission of Inquiry into Organized Crime, related to the Banco Master case. In addition, investors are following new electoral polls for the October executive race. The survey by Research of the Environment/Idea The scenario of a technical tie between the current president, Lula (45.5%), and Senator Flávio Bolsonaro (45.8%) was repeated.
This text was translated by machine from Brazilian Portuguese.