At 9:10 am (Brasilia time) this Wednesday (5), the commercial dollar The exchange rate was operating with a slight decrease of 0.27%, quoted at R$ 5.1130, but with an accumulated gain of 0.90% in the partial week. Yesterday (4), the exchange rate rose 0.83%, to R$ 5.1270. The DXY – an index that compares the strength of the dollar against the main global currencies – fell 0.16%. In this trading session, investors' focus is on the second day of the meeting of the Monetary Policy Committee (Copom) of the Central Bank (BC) which will deliberate on the future of the Selic rate. The result will be released after 6:30 pm. With a cut of 0.25 percentage points – to 14.00% per year – already practically certain, the market will look for clues in the statement to estimate whether there may be another reduction in September or whether the pause should be imposed from this meeting. On the macroeconomic indicators agenda, the highlight is the data from Automatic Data Processing (ADP) Regarding job creation in the United States in July. The number is considered a preview of the payroll, official data that will be published by the Department of Labor (DOL) on Friday (7). In addition, S&P Global will release the Composite and Services Purchasing Managers' Index (PMI) for Brazil and the US for last month. On the radar, there are signs that an agreement between the US and Iran may be forthcoming soon. Earlier today, President Donald Trump stated that a treaty to reopen the Strait of Hormuz, an important maritime route in the region, could be announced in the coming days. Iran, however, continues to contradict the Republican.

This text was translated by machine from Brazilian Portuguese.