At 10:30 am (Brasilia time) this Wednesday (3), the Ibovespa recorded a slight increase of 0.46%, to 161,838.81 points, with an accumulated gain of 1.71% for the week. Yesterday (2), the main indicator of Brazilian Stock Exchange (B3) It rose 1.56%, to 161,092.25 points, breaking a record in its historical series. Of greater weight in the composition of B3, the actions of Vale (VAL3) and from Petrobras (PETR3; PETR4) They rose 0.66%, 0.47%, and 0.56%, respectively. This morning, with no relevant economic indicators, investors are turning their attention to politics. Joint Budget Committee (CMO) postponed the vote until today. LDO of 2026Following the cancellation of yesterday's scheduled session, tensions in Brasília escalated after Senate President Davi Alcolumbre cancelled the confirmation hearing for Attorney General Jorge Messias, nominated by Lula for the position. Supreme Federal Court (STF)Internationally, Lula stated in an interview that new revocations of trade tariffs imposed by the US on Brazil should be announced soon, following a telephone conversation with President Donald Trump the previous evening. Furthermore, market participants are closely monitoring the Trump administration's moves, which is intensifying efforts to nominate current White House economic advisor Kevin Hassett as the future president of the US. Federal Reserve (Fed) In 2026, Hassett is seen as more favorable to interest rate cuts, which reinforces expectations of a more expansionary monetary policy in the US. Data from [unclear – possibly "the US"] are also on the radar. ADP job creation in the private sector and the industrial production September, which will be released throughout the day and are expected to influence discussions of FOMC at the meeting on December 10th.
This text was translated by machine from Brazilian Portuguese.