THE commercial dollar The exchange rate closed this Tuesday (30) with a slight decrease of 0.15%, quoted at R$ 5.1640, but with a gain of 2.48% for the month. At its lowest point of the day, the exchange rate fell to R$ 5.1630; at its highest, it rose to R$ 5.2020. In this trading session, investors followed the release of a series of economic indicators. Central Bank (BC) It was reported that the gross debt of the general government reached 81.1% of Gross Domestic Product (GDP) In May, the rate was above the 80.2% recorded in the previous month. During the same period, the consolidated public sector posted a primary deficit of R$ 56.131 billion. Also, the Brazilian Institute of Geography and Statistics (IBGE) It was announced that the Producer Price Index (PPI) It fell 0.30% in May compared to April, reversing the 2.62% increase observed in the previous month. Of the 24 industrial activities surveyed, seven registered a drop in prices. In the accumulated year, the indicator advances 4.80%, while the variation over 12 months slowed to 1.99%. In the labor market, the Ministry of Labor and Employment It was reported that Brazil created 72,960 formal jobs in May, according to data from New General Registry of Employed and Unemployed Workers (Caged)This is the lowest monthly balance of 2026 so far and the worst performance for a month of May since 2020, when the economy was heavily affected by the Covid-19 pandemic. In the market's assessment, the slowdown in job creation reinforces the perception of a loss of momentum in economic activity, a scenario that could increase expectations of further cuts in the Selic rate in the coming months. In the political arena, the federal government announced the beginning of the gradual withdrawal of fuel subsidy measures. In a press conference, the Minister of Finance, Dario Durigan, confirmed that as of this Wednesday (1st), the subsidy of R$ 0.35 per liter for diesel will be discontinued. "We will not stop here. We are evaluating the other diesel subsidy, of R$ 1.12 per liter, and, in particular, also gasoline, of R$ 0.44 per liter," said the minister. In the United States, the Department of Labor (DOL) The Jolts report indicated that the number of job openings rose to 7.594 million in May, exceeding market expectations of 7.280 million. The April figure was revised from 7.618 million to 7.585 million. Furthermore, the The Conference Board reported that the consumer confidence index The index advanced from 90.6 points, a revised figure, to 91.2 points in June. The improvement was mainly attributed to the recent fall in oil prices and the maintenance of the ceasefire between the US and Iran during part of the survey's data collection period. In the geopolitical scenario, the market also followed the developments of negotiations between Washington and Tehran. According to Iranian authorities, indirect talks to unfreeze at least US$6 billion in the country's assets will resume this Wednesday (July 1st) in Doha, Qatar. US envoys Steve Witkoff and Jared Kushner were in Qatar on Tuesday to discuss regional issues, including the ceasefire between Iran and Israel and the situation in Lebanon. However, the spokesman for the Qatari Ministry of Foreign Affairs, Majed Al-Ansari, clarified that the US representatives only met with Qatari mediators, without direct meetings with Iranian authorities.
This text was translated by machine from Brazilian Portuguese.