At 9:04 am (Brasilia time) this Wednesday (10), the commercial dollar showed a slight increase of 0.31%, quoted at R$ 5.1910Yesterday (9), the exchange rate closed stable with a downward bias (-0.08%), at R$ 5.1750. DXY The index that compares the strength of the dollar against major global currencies was operating steadily. After a slight easing the previous day, tensions in the Middle East increased again, putting pressure on financial markets worldwide. In addition to Israel's continued attacks against Lebanon, US President Donald Trump accused Iran of shooting down an American helicopter in the Strait of Hormuz and stated that he would respond to the offensive. Earlier, Trump posted on his social media that Iran took too long to negotiate a peace agreement and that now "it will have to pay the price," without giving further details. On the economic agenda, the US Consumer Price Index, to be released at 9:30 am by the Department of Labor (DOL), is the highlight. This is the last important indicator before the next meeting of the Federal Open Market Committee (FOMC) of the Federal Reserve (Fed) to deliberate on the future of US interest rates. The meeting is scheduled for next Tuesday (16) and Wednesday (17). This will be the first Fed meeting with the institution's new president, Kevin Warsh, who replaced Jerome Powell. Here, on a day marked by the absence of economic indicators, investors' attention is focused on new election polls. Published earlier, a new Genial/Quaest survey shows that President Lula leads the presidential race in the first round, with 39% of voting intentions, followed by Senator Flavio Bolsonaro, with 29%. In a possible second round between these two candidates, Lula leads with 44% of voting intentions, against 38% for Flávio. In the previous survey, released in May, Lula had 42%, and Flávio, 41%.
This text was translated by machine from Brazilian Portuguese.