At 10:16 am (Brasilia time) this Tuesday (24), the Ibovespa registered a moderate decrease of 0.62%, to 180,745.38 points. The day before (23), the main indicator of Brazilian Stock Exchange (B3) It rose 3.24%, to 181,931.93 points. Among the companies with the greatest weight in the composition of B3a Vale (VALE3) It falls 0.46%. Conversely, the shares of Petrobras (PETR3; PETR4) They recorded strong increases of 1.24% and 1.30%, respectively.
Minutes from the Copom meeting in focus.
This morning, with no relevant economic indicators released, investors are reacting to the minutes of the last meeting of… Monetary Policy Committee (Copom), held last week. On that occasion, the board of directors Central Bank (BC) The document highlights that it decided to reduce the Selic rate by 0.25 percentage points, to 14.75% per year. The start of the rate-cutting cycle occurs in an environment of high global uncertainty and with inflation still above the target., justifying an initial reduction of smaller magnitude as part of the disinflation strategy.
Geopolitics remains on the radar.
In the international arena, the market remains attentive to developments in the war involving United States, Israel and IranEarlier, Israeli authorities indicated that the US President Donald Trump, seeks an agreement with the Iran, although the chances of immediate success are considered low. On the eve, Trump postponed the threat to bomb Iranian energy facilities, conditioning the decision on the reopening of Strait of Hormuz — through which about 20% of the world's oil production passes — and mentioned ongoing talks. The Iranian government, however, denied any negotiations.
Recent statements have triggered significant volatility in the markets.After a drop of more than 10% in the previous session, oil prices are rising again this morning, with increases of over 2% for both Brent and WTI. The commodity's dynamics continue as one of the main risk factors for inflation and global monetary policy.
This text was translated by machine from Brazilian Portuguese.