At 10:19 am (Brasilia time) this Monday (3), the Ibovespa It was operating with a slight decrease of 0.13%, at 177,769.10 points. On Friday (31), the main indicator of Brazilian Stock Exchange (B3) It closed slightly higher, up 0.47% at 177,999.00 points, with a cumulative gain of 2.27% for the week and 3.47% for the month. Of greater weight in the composition of… B3a Vale (VALE3) and the actions of Petrobras (PETR3; PETR4) (They were operating with declines of 0.58%, 1.67%, and 2.14%, respectively). This morning, market attention remains focused on developments in the Middle East conflict, after US President Donald Trump canceled new attacks against Iran over the weekend and signaled that a new round of negotiations for a peace agreement may happen soon. Tehran, however, denied that it had requested a halt to the attacks, contradicting Trump. On the economic agenda, the Central Bank (BC) recently published a new edition of Focus Bulletin, with financial market projections collected up to last Friday. Among the main highlights, the median of the estimates for the Broad Consumer Price Index (IPCA) The 2026 forecast fell from 5.12% to 5.03%, while the projection for the Selic rate at the end of this year was reduced from 14.00% to 13.75% per year. Tomorrow (4), the meeting of the BC's Monetary Policy Committee begins to deliberate on the future of Brazil's basic interest rate, currently at 14.25% per year. The result will be released on Wednesday (5), with investors expecting another cut of 0.25 percentage points. In addition, corporate earnings reports are also in focus. Here, several earnings releases are expected this week, with emphasis on Itaú, Bradesco, Gerdau, CSN and Petrobras. Shortly, S&P Global will release the performance of the Purchasing Managers' Index (PMI) for the Brazilian and US manufacturing sectors in July.
This text was translated by machine from Brazilian Portuguese.