THE commercial dollar It closed this Wednesday (27) with a moderate increase of 0.68%, quoted at R$ 5.0590, with an accumulated appreciation of 0.68% so far this week. At its peak for the day, the exchange rate rose to R$ 5.0680At its lowest point, it fell to R$ 5.0300In this trading session, investors reacted to the announcement of National Consumer Price Index 15 (IPCA-15) The May inflation rate rose 0.62% month-on-month, exceeding market expectations of 0.53%. This result brings the year-to-date gain to 3.02% and the 12-month increase to 4.64%, higher than the 4.37% recorded in the preceding period. This data is expected to influence decision-making. Central Bank (BC) in the next meetings of Monetary Policy Committee (Copom)…influencing the future interest rate curve. In the political arena, the highlight was the approval, in the special committee of the Chamber of Deputies, of the opinion on the PEC (Proposed Constitutional Amendment) for the reduction of the workday. The text reported by Deputy Leo Prates was approved by 34 votes in favor and four against. The proposal still needs to pass through the plenary of the Chamber before going to the Senate. In the international arena, the market followed the sharp drop in oil prices amid expectations of progress in negotiations between the United States and Iran. Investors remain attentive to the possibility of reopening the Strait of Hormuz, an important global route for the transport of oil and gas. On Wednesday, President Donald Trump stated that Iran wants to reach an agreement, but acknowledged that there is still no consensus between the parties. "Iran is very committed, they really want to reach an agreement. So far, they haven't been able to… we're not happy with that," Trump declared. The main impasse remains related to the Iranian nuclear program, with the US demanding restrictions on uranium enrichment by Tehran.
This text was translated by machine from Brazilian Portuguese.