At 10:27 am (Brasilia time) this Friday (10), the index Ibovespa It was operating at a moderate high of 0.76%, at 196,617.52 points, but with an accumulated advance of 4.35% in the week. On the previous day (9), the main indicator of Brazilian Stock Exchange (B3) It rose 1.52%, to 195,129.25 points. Of greater weight in the composition of B3a Vale (VALE3) rises 0.50%. While the shares of Petrobras (PETR3; PETR4) They continued without a defined direction, down 0.23% with an upward bias (+0.06%), respectively.

Higher-than-expected IPCA (Brazilian inflation index) is on the radar.

This morning, in the domestic market, the reaction is to the announcement of… National Consumer Price Index (IPCA) March's inflation rose 0.88%, accelerating from February's 0.70%. This brings the accumulated inflation to 1.92% for the year and 4.14% over the last 12 months, above the previously recorded 3.81%. This more pressured figure tends to raise expectations of maintaining or even intensifying monetary tightening. Copomwhich can influence exchange rate behavior.

US CPI and Fed in focus.

Abroad, investors are awaiting the release of… Consumer Price Index (CPI) March in the United States. A better-than-expected result could reinforce the more rigid rhetoric of Federal Reserve (Fed) with regard to interest rates

Geopolitics remains on the radar.

The market is also monitoring negotiations between United States and Iran, with formal talks scheduled to begin this Saturday (11), in Islamabad node PakistanDespite the temporary ceasefireHowever, uncertainties persist regarding the reopening of the Strait of Hormuz and the evolution of parallel conflicts in the region, especially in Lebanon. This scenario maintains investor caution, as they remain attentive to geopolitical developments and their impacts on oil and global inflation.

This text was translated by machine from Brazilian Portuguese.