Ibovespa registered a slight increase on Tuesday morning, reaching 173,000 points.

At 10:32 am (Brasilia time) this Tuesday (21), the Ibovespa registered a slight increase of 0.20%, to 173,719.50 points. On the previous day (20), the main indicator of Brazilian Stock Exchange (B3) It fell 0.20%, to 173,371.35 points. Among the companies with the greatest weight in the composition of B3a Vale (VALE3) and the actions of Petrobras (PETR3; PETR4) Brazilian stocks rose 0.81%, 0.46%, and 0.32%, respectively. This morning, with no major economic indicators expected for Brazil and the United States, market attention remains focused on the geopolitical scenario. In the Middle East, clashes between the United States and Iran continue to intensify. On Monday (20), the US Armed Forces carried out the tenth consecutive night of attacks against Iranian targets since President Donald Trump declared the ceasefire over. In response, Iran carried out new attacks against US military installations in the region, while the Houthi rebels announced a maritime embargo against Saudi Arabia. The escalation of the conflict again boosted oil prices, which again approached the US$ 90 per barrel mark. At the same time, reports emerged of negotiations between Iranian and Pakistani authorities to try to reopen a channel of dialogue between Tehran and Washington. In the trade arena, Trump announced 50% tariffs on a wide range of Canadian products, alleging discriminatory practices by Canada against automobiles, alcoholic beverages, and dairy products from the United States. The measures were adopted based on Section 338 of the Tariff Act of 1930 and will take effect on August 19. Furthermore, according to a report by… Financial TimesThe US government is expected to announce new tariffs on products from dozens of countries this week, expanding the White House's trade offensive. In Brazil, investors are following the release of a new Real Time Big Data poll, which keeps President Luiz Inácio Lula da Silva in the lead in first-round voting intentions, but points to a scenario of a technical tie in possible second-round disputes against Senator Flávio Bolsonaro and former Governor Ronaldo Caiado. The market is also attentive to the entry into force, this Wednesday (22), of the additional tariffs imposed by the US on Brazilian products under Section 301 of the US Trade Act.

This text was translated by machine from Brazilian Portuguese.