The dollar is showing a slight increase this Friday morning, reaching R$ 5.11.

At 9:28 am (Brasilia time) this Friday (12), the commercial dollar showed a slight increase of 0.29%, quoted at R$ 5.1150, but with a partial loss of 0.80% for the week. Yesterday (11), the exchange rate closed down 1.33%, quoted at R$ 5.1000. The DXY The index that compares the strength of the dollar against major global currencies was up 0.18%. This morning, investors are reacting to the release of… National Consumer Price Index (IPCA), which advanced 0.58% in May, slowing down compared to the 0.67% increase recorded in April, according to the Brazilian Institute of Geography and Statistics (IBGE)Year-to-date inflation is up 3.20%. Over 12 months, the index accelerated to 4.72%, above the 4.39% observed in the previous reading. This result reinforces the focus on the next meeting of… Monetary Policy Committee (Copom)The meeting, scheduled for June 16th and 17th, is when the Central Bank will reassess the direction of the Selic rate. In the political arena, Folha de S.Paulo reported that the federal government is considering resorting to… Supreme Federal Court (STF) to challenge projects recently approved by the Senate that could significantly increase public spending. The Planalto Palace's strategy would be based on the understanding already consolidated by the Court that the creation of new permanent expenses must be accompanied by fiscal compensation measures. In the international scenario, market sentiment continues to be influenced by progress in negotiations between the United States and Iran. The possibility of an agreement to end tensions in the Middle East has increased investors' risk appetite. On Thursday (11), US President Donald Trump stated that negotiations had progressed and indicated that an agreement could be formalized in the coming days. According to information from Bloomberg, Iranian authorities also acknowledged progress in the talks. The expectation is that a possible agreement will be signed this weekend in Geneva, Switzerland, before the G7 meeting, which will take place between June 15 and 17. On Wall Street, investors are following SpaceX's debut on the Nasdaq. The company raised US$75 billion in its initial public offering (IPO), the largest public offering ever recorded, with shares priced at US$135 and an estimated market value of US$1.77 trillion.

This text was translated by machine from Brazilian Portuguese.