At 10:31 am (Brasília time) this Wednesday (20), the Ibovespa It registered a strong advance of 1.33%, to 176,602.65 points, however, with an accumulated loss in the partial week of 1.70%. On the previous day (19), the main indicator of Brazilian Stock Exchange (B3) It fell 1.52%, to 174,278.86 points. Of greater weight in the composition of B3a Vale (VALE3) It jumped 0.99%. Conversely, the shares of Petrobras (PETR3; PETR4) Brazilian stocks fell 1.01% and 0.93%, respectively. This morning, investors were focusing their attention on the external scenario, especially the US economy. Tensions involving Iran remain on the market's radar, given the lack of concrete progress in diplomatic negotiations with the US. The impasse in the Middle East keeps concerns high regarding global inflation, economic slowdown, and higher interest rates, particularly in the US economy. In this context, the market awaits the release of the minutes from the last meeting of [unclear – possibly "the US central bank"]. Federal Open Market Committee (FOMC)of Federal Reserve (Fed)which should detail the internal disagreements regarding the trajectory of interest rates and the behavior of inflation in the US. According to the tool FedWatch, from the CME GroupThe market has already priced in over a 40% probability of a 25 basis point hike in US interest rates in December. Bets on a more aggressive 50 basis point increase have also risen, from 4.2% to 13.5% in just one week. Another highlight of the day is the release of the quarterly earnings report of… NVIDIA[Company Name], considered one of the leading players in the artificial intelligence market. Analysts project revenue growth of almost 80%, to approximately US$79 billion. Domestically, with no significant economic indicators expected, investors continue to monitor political developments involving Senator Flávio Bolsonaro and former banker Daniel Vorcaro, linked to the defunct Banco Master.
This text was translated by machine from Brazilian Portuguese.