At 10:21 am (Brasilia time) this Tuesday (14), the Ibovespa registered a slight advance of 0.40%, to 198,786.97 points. On the previous day (13), the main indicator of Brazilian Stock Exchange (B3) It closed slightly higher, up 0.34%, at 198,000.71 points. Of greater weight in the composition of… B3a Vale (VALE3) It was up 0.14%. Meanwhile, the shares of Petrobras (PETR3; PETR4) They were operating with declines of 0.96% and 0.98%, respectively.
The market reacts to signs of dialogue between the US and Iran.
This morning, investors are reacting to the improvement in global sentiment after the President of the United States, Donald TrumpAccording to sources cited by Bloomberg, Iran has sought out Washington to discuss a possible agreement on ending the conflict and reopening the Strait of Hormuz. New negotiations could take place before the end of the temporary truce announced on April 7th. This optimism exists even with the US naval blockade of Iranian ports still in effect. In the economic arena, market participants are awaiting the release of… Producer Price Index (PPI) March figures in the US. A higher-than-expected figure could reinforce fears of persistent inflation and support bets on high interest rates for longer. Federal Reserve (Fed)Speeches by leaders are also on the radar. Fed, such as Austan Goolsbee, Michael Barr and Thomas Barkin.
Brazilian service sector disappoints
In Brazil, the highlight is the performance of the service sector. According to… IBGEthe volume of services increased 0.1% in February Compared to January, below expectations for an increase of 0.3%In the year-on-year comparison, the growth was… 0.5% in February, compared to 3.3% in January. Despite the slowdown, the sector remains 20% above pre-pandemic levels and equals the series' historical record. On the political front, President Luiz Inácio Lula da Silva and Finance Minister Dario Durigan will participate in press interviews at 10:00 AM and 4:00 PM, respectively. Meanwhile, agents are also reacting to the news that the final report of… Parliamentary Commission of Inquiry (CPI) of Organized Crime calls for the indictment of three ministers of Supreme Federal Court (STF)Dias Toffoli, Alexandre de Moraes and Gilmar Mendes, as well as Attorney General of the Republic (PGR)Paulo Gonet.
This text was translated by machine from Brazilian Portuguese.