The Ibovespa index is showing a moderate decline this Monday morning, closing at 176,000 points.

At 10:54 am (Brasilia time) this Monday (18), the Ibovespa It registered a decline of 0.68%, to 176,075.56 points. On Friday (8), the main indicator of Brazilian Stock Exchange (B3) It closed down 0.61%, at 177,283.83 points, with a cumulative decline of 3.71% for the week. Of greater weight in the composition of… B3, the actions of Vale (VALE3) and from Petrobras (PETR3; PETR4) They were operating in negative territory, down 0.55%, 2.34%, and 1.98%, respectively. Today, the President Lula will visit Paulínia Refinery (Replan), in Paulínia (SP)During the event, the Petrobras The government is expected to announce R$ 37 billion in investments in the state of São Paulo by 2030. This morning, the market is reacting to new economic indicators released by [the government/organization]. Central Bank (BC) for the Getulio Vargas Foundation (FGV Ibre)The BC reported that the Economic Activity Index (IBC-Br), considered a preview of Gross Domestic Product (GDP)The index fell 0.7% in March, after rising 0.60% in February. Year-on-year, the indicator registered a 3.1% increase, while the 12-month accumulated figure showed a 1.8% increase. The monetary authority also released a new edition of… Focus Bulletinwhich brought upward revisions to inflation projections (IPCA) and the rate Selic by the end of 2026. As for General Price Index-10 (IGP-10), calculated by FGV IbreThe Brazilian index slowed to a 0.89% increase in May, after a 2.94% advance in April. In the political arena, the market continues to monitor the unfolding events surrounding the allegations involving Senator Flávio Bolsonaro and banker Daniel Vorcaro. Investors believe the case has increased the perception of electoral risk, especially given Flávio Bolsonaro's competitiveness in potential presidential scenarios against President Luiz Inácio Lula da Silva. Next Friday (22), Datafolha will release its first electoral poll after the case's repercussions. Internationally, with no relevant economic indicators expected in the United States, the market remains attentive to negotiations involving the US and Iran. According to Reuters reports, a drone attack caused a fire at a nuclear power plant in the United Arab Emirates, while Saudi Arabia reported intercepting three drones. US President Donald Trump stated that Iran needs to act "quickly" to reach an agreement. Meanwhile, the Strait of Hormuz remains virtually blocked, with minimal ship traffic, raising concerns about the global supply of oil and gas. In parallel, a Pakistani source informed Reuters that Pakistan shared with the US a revised Iranian proposal to try to end the conflict in the Middle East.

This text was translated by machine from Brazilian Portuguese.