THE commercial dollar The exchange rate closed this Thursday (2) stable with a downward bias (-0.02%), quoted at R$ 5.2070, but with a gain of 0.79% for the week. At its lowest point of the day, the exchange rate fell to R$ 5.1580; at its highest, it rose to R$ 5.2190. In this trading session, the main highlight of the day was the release of the June employment report (payroll) in the United States, which showed a slowdown in job creation and reinforced market expectations for the trajectory of US monetary policy. According to the Department of Labor (DOL)The US economy added 57,000 non-farm payroll jobs in June, below the 114,000 expected by the market. The result also fell short of the 129,000 jobs recorded in May, a figure revised from 172,000. Despite the slowdown in job creation, the unemployment rate fell from 4.3% to 4.2%, contrary to expectations of stability. Following the release of the data, investors increased their bets on interest rates remaining unchanged. Federal Reserve (Fed) at the September meeting. According to the tool FedWatchof CME GroupThe probability of maintaining rates rose to 49.4%, exceeding the 43.6% forecast for a 0.25 percentage point increase. Also in the US labor market, the DOL reported that initial jobless claims totaled 215,000 in the week ending June 27, below the 219,000 claims projected by the market and slightly lower than the revised 216,000 recorded the previous week. In Brazil, the main indicator of the day was… Consumer Price Index (IPC-Fipe)The Brazilian inflation index rose 0.18% in June, slowing compared to the 0.45% increase recorded in May. In the first half of the year, the index registered inflation of 2.11%, while over 12 months it accelerated to 3.92%, compared to 3.65% in the previous period. In the political arena, investors continued to monitor developments regarding sanctions imposed by the United States on two Brazilian citizens and three companies investigated for alleged links to the Primeiro Comando da Capital (PCC). In a statement, the National Secretariat of Justice stated that the measures may precede "even more serious actions" adopted outside of traditional international cooperation mechanisms. In the energy market, oil futures contracts closed higher, reversing earlier losses. The movement reflected a technical adjustment after the sharp declines of recent sessions, amid reports of progress in negotiations between the United States and Iran and the gradual normalization of shipping traffic through the Strait of Hormuz. This Friday (3), US stock exchanges will remain closed due to the United States Independence Day holiday.
This text was translated by machine from Brazilian Portuguese.