At 10:20 am (Brasilia time) this Wednesday (15), the Ibovespa registered a moderate decrease of 0.20%, to 176,284.90 points, with an accumulated decline in the partial week of 0.84%. On the previous day (14), the main indicator of Brazilian Stock Exchange (B3) It advanced 0.51%, to 176,641.10 points. Of greater weight in the composition of B3Vale (VALE3) and the actions of Petrobras (PETR3; PETR4) They were operating in positive territory, with gains of 0.80%, 0.15%, and 0.10%, respectively. This morning, market attention is focused on the political and commercial scenario in Brazil. Expectations are high for the decision. from the Office of the United States Trade Representative (USTR) Regarding the proposal to apply additional tariffs of 25% on Brazilian products. The announcement is expected by the end of the day and could affect more than 4,000 items exported by Brazil. In the political field, a Genial/Quaest poll released today showed that President Luiz Inácio Lula da Silva maintains an eight-percentage-point lead over Senator Flávio Bolsonaro in a possible second round of the presidential elections. Among domestic economic indicators, the Brazilian Institute of Geography and Statistics (IBGE) It was reported that the volume of services fell 0.4% in May compared to April, interrupting part of the 1.1% increase recorded in the previous month. Compared to February 2020, the pre-pandemic period, the sector remains 19.6% above the level of activity, although it is 0.5% below the historical record reached in October 2025. In relation to May of last year, the volume of services grew 0.4%, registering the 26th consecutive positive result in the annual comparison. Abroad, investors are following the release of… Producer Price Index (PPI) for June US GDP fell 0.3% in June 2026, after growing 0.6% in the previous month (revised figure from 1.1%), as they await the publication of Beige Book of the Federal Reserve (Fed)This is essential for the next steps in US monetary policy. Geopolitical tensions in the Middle East also remain on the radar. The United States Armed Forces reported launching a new offensive against Iranian targets in the early hours of Wednesday. In response, Iran's Islamic Revolutionary Guard Corps threatened to close "all other export corridors that benefit the United States and its allies," according to Iranian state media. This scenario again boosted oil prices, with Brent trading above $85 a barrel and WTI near $80. On Wall Street, sentiment remained positive for the technology sector, after better-than-expected results from semiconductor equipment manufacturer ASML reinforced optimism surrounding investments linked to artificial intelligence.

This text was translated by machine from Brazilian Portuguese.