THE commercial dollar It closed this Friday (29) with a slight increase of 0.18%, quoted at R$ 5.0390, with an accumulated appreciation of 0.28% in the week and 1.72% in the month. At its peak during the day, the exchange rate rose to R$ 5.0680At its lowest point, it fell to R$ 5.0320In this trading session, investors reacted to the announcement of… Gross Domestic Product (GDP) Brazilian [referring to the first quarter of 2026]. Second the Brazilian Institute of Geography and Statistics (IBGE)Brazil's economy grew 1.1% compared to the fourth quarter of 2025, in seasonally adjusted terms. Market analysts believe the stronger economic performance reinforced expectations of higher interest rates for longer in Brazil, reducing bets on faster monetary easing. Politically, market participants followed the repercussions of the US government's decision to classify the Primeiro Comando da Capital (PCC) and Comando Vermelho (CV) criminal factions as terrorist organizations. During a visit to Sergipe, President Luiz Inácio Lula da Silva stated that the fight against organized crime will be conducted by Brazilian institutions and that the country will not accept external interference. Subsequently, the Planalto Palace released a statement reinforcing the government's commitment to confronting criminal factions. Abroad, the focus remained on negotiations between the US and Iran to extend the ceasefire and normalize traffic in the Strait of Hormuz. President Donald Trump stated that he would discuss a proposal to extend the truce with his cabinet later on Friday. According to the Republican, any eventual agreement should include commitments related to the Iranian nuclear program, the reopening of the strait, and the removal of sea mines in the region. On the other hand, the Iranian government once again downplayed the diplomatic progress. The spokesman for the country's Ministry of Foreign Affairs, Esmail Baqai, stated that there are currently no negotiations on the Iranian nuclear program and that Tehran's focus remains on ending the conflict. The disagreements between the parties continue to generate uncertainty about the consolidation of peace in the region and the normalization of trade flow through Hormuz, one of the main global routes for oil and natural gas. Next Monday (1st), investors will be watching the release of the Focus Bulletin by Central Bank (BC) of Brazil and the indices PMI industrials from Brazil and the United States, published by S&P Global.
This text was translated by machine from Brazilian Portuguese.