At 10:25 am (Brasilia time) this Monday (4), the Ibovespa It registered a slight decrease of 0.25%, to 186,857.61 points. On Thursday (30), the main indicator of Brazilian Stock Exchange (B3) It closed sharply higher by 1.39%, at 187,317.64 points, however, with an accumulated decline of 1.80% for the week. There were no trades in the… B3 last Friday (1st) due to the Labor Day holiday. Of greater weight in the composition of B3, the actions of Vale (VALE3) and from Petrobras (PETR3; PETR4) They were operating in negative territory with declines of 0.53%, 0.48%, and 0.16%, respectively.
The market is monitoring the Strait of Hormuz.
This morning, investors are monitoring escalating tensions in the Middle East, with stalled negotiations between the United States and Iran and the continued blockade of the Strait of Hormuz. Reports involving military action in the region have increased risk aversion, supporting higher oil prices. Brent Prices are approaching $115 per barrel. This movement occurs even after signals from OPEC+ regarding increased production.
Domestic politics on the radar
In Brazil, the highlight is the new edition of the Focus Bulletin, released by… Central Bank (BC), which raised the projection of the Broad Consumer Price Index (IPCA) from 4.86% in 2026 to 4.89%. Agents are also awaiting the release of the minutes from the last meeting of… Copom, scheduled for Tuesday (5), after the 0.25 percentage point cut in the Selic rate, now at 14.50% per year. As for the Industrial Purchasing Managers Index (PMI) Brazil's index rose from 49.0 in March to 52.6 in April, according to data released by S&P GlobalThe result reached its highest mark in 14 months and once again surpassed the 50-point mark, which separates contraction from growth. In the political field, the market is assessing recent developments in Congress, following government defeats in the Senate, including the rejection of Jorge Messias's nomination to the Supreme Federal Court and the overturning of presidential vetoes on the Sentencing Bill.
This text was translated by machine from Brazilian Portuguese.