The Ibovespa index fell 0.46% on Thursday morning, to 176,000 points.

At 10:15 am (Brasilia time) this Thursday (6), the Ibovespa registered a slight decrease of 0.46%, to 176,901.42 points, with an accumulated decline of 0.51% in the partial week. On the previous day (5), the main indicator of Brazilian Stock Exchange (B3) The index closed stable with a downward bias (-0.09%), at 177,726.17 points. Among the companies with the greatest weight in the composition of the B3, the Vale (VALE3) It fell 0.73%, while shares of Petrobras (PETR3; PETR4) They are trading with gains of 0.72%, 0.69%, and 0.43%, respectively. This morning, investors are keeping a close eye on the repercussions of the decision of… 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. United States Department of Labor (DOL) This morning, it was reported that the country registered 199,000 new unemployment benefit claims in the week ending August 1st. This figure was below the 203,000 applications expected by the market, but represents an increase of 1,000 claims compared to the previous week (revised figure from 197,000 to 198,000). In the energy market, oil was trading near US$80 per barrel, reflecting the announcement that Iran and Oman have reached an agreement on a new shipping route through the Strait of Hormuz, reinforcing expectations of a normalization of oil flow through the region's main maritime route.

This text was translated by machine from Brazilian Portuguese.