At 9:03 am (Brasilia time) this Thursday (6), the commercial dollar It was operating with a slight decrease of 0.20%, quoted at R$ 5.1170, but with an accumulated gain of 0.95% in the partial week. On the previous day (5), the exchange rate closed in total stability, at R$ 5.1270. As for the DXY The index that compares the strength of the dollar against major global currencies showed an upward bias (+0.05%). This morning, investors are keeping a close eye on the repercussions of the decision. Monetary Policy Committee (Copom)The Brazilian Supreme Court, which reduced the Selic rate by 0.25 percentage points to 14.00% per year, was in line with prevailing market expectations. This was the fourth consecutive cut of this magnitude, and the decision was unanimous among the members of the Supreme Court. Central BankWith this, the basic interest rate is now 1 percentage point below the level observed in the same period last year. In the statement, the Copom The Central Bank avoided signaling the next steps in monetary policy, highlighting that the environment of high uncertainty, the unanchoring of inflation expectations, and the risks to the economic scenario require caution in conducting monetary policy. With no relevant economic indicators, market participants are also monitoring the auction of fixed-rate Treasury bonds and the interview with Finance Minister Dário Durigan, scheduled for 10:00 AM. In the corporate market, expectations are focused on the release of Petrobras' quarterly results after the market closes. B3In the United States, attention remains focused on developments in negotiations between the US and Iran, as well as labor market indicators. Weekly jobless claims will be released this Thursday, while the official employment report (payroll) will be published on Friday (7). In the energy market, oil was trading near US$80 per barrel, reflecting the announcement that Iran and Oman reached an understanding on a new shipping route through the Strait of Hormuz, which reinforces expectations of normalization of oil flow through the region's main maritime route.
This text was translated by machine from Brazilian Portuguese.