At 10:20 am (Brasilia time) this Thursday (19), the Ibovespa It was operating at a sharp decline of 1.32%, at 177,272.85 points, with an accumulated decline of 0.08% in the partial week. On the previous day (17), the main indicator of Brazilian Stock Exchange (B3) It fell 0.43%, to 179,639.91 points. The most heavily weighted component of the B3 index is… Vale (VALE3) It fell 0.67%, while shares Petrobras (PETR3; PETR4) Shares rose 0.95% and 0.68%, respectively, driven by the appreciation of oil in the international market. As for the mining company, its shares fell, along with the banking and retail sectors, influenced by the repercussions of the Copom's decision to reduce the Selic rate.
Interest rate decisions in the spotlight.
This morning, the market continues to react to the monetary policy decisions announced yesterday. In the United States, the Federal Reserve (Fed), through FOMCThe Central Bank maintained the benchmark interest rate in the range of 3.50% to 3.75% per year for the second consecutive meeting. In a statement, the monetary authority highlighted that the economy continues to expand solidly, with a stable labor market, although inflation remains high. Brazilthe Monetary Policy Committee (Copom) decided to cut the Selic rate by 0.25 percentage points, to 14.75% per year, interrupting a sequence of five meetings without changes. According to the Central Bank (BC)The external environment has become more uncertain due to heightened geopolitical tensions, requiring greater caution from emerging economies. Fed and CopomThe market is also watching interest rate decisions from other important monetary authorities on Thursday, such as… Bank from Japanthe European Central Bank and the Bank of England.
Domestic politics also has an influence.
In Brazil, the political landscape is also on investors' radar. The president Luiz Inácio Lula da Silva and the Finance Minister, Fernando Haddad, are expected to make a press statement at 7 PM., in São Bernardo do Campo (SP), where Haddad may announce his pre-candidacy for governor of São Paulo..
War increases the value of oil.
The international situation remains tense with the escalation of the conflict in Middle Eastinvolving the United States, Israel, and Iran. The US president, Donald Trump, threatened to attack the South Pars gas field in Iran. Following Iranian offensives targeting facilities in Qatar and the United Arab Emirates, the attacks drove up international oil prices, increasing inflationary risks and global volatility.
Unemployment figures in the United States
THE United States Department of Labor (DOL) It was reported this Thursday that the country recorded 205,000 new unemployment benefit claims in the week ending March 14.The result came in below the market projection of 215,000 orders, and below the 213,000 applications registered the previous week.
The four-week moving average fell to 210,750 claims.This represents a decrease of 750 requests compared to the previous estimate, which was revised to 211,500.
This text was translated by machine from Brazilian Portuguese.