At 10:15 am (Brasília time) this Wednesday (29), the Ibovespa It registered a slight decrease of 0.28%, to 176,072.09 points, but with an accumulated gain of 1.39% in the partial week. On the previous day (28), the main indicator of Brazilian Stock Exchange (B3) It advanced 0.70%, to 176,564.75 points. Of greater weight in the composition of B3a Vale (VALE3) and the actions of Petrobras (PETR3; PETR4) Brazilian stocks were trading in positive territory, with gains of 0.38%, 1.98%, and 2.04%, respectively. Today, investors are focused on the Federal Open Market Committee (FOMC) interest rate decision scheduled for 3 PM. Following the announcement, as is customary, the chairman of the Fed, Kevin Warsh, will deliver a speech. According to the CME Group's Fed Watch tool, 64% of analysts expect the FOMC to maintain interest rates in the current range of 3.50% to 3.75% per year, while 36% predict a 0.25 percentage point increase. Meanwhile, the market continues to monitor the escalating tensions in the Middle East, causing oil prices to rise more than 6% this morning. Yesterday, Iran accused the US of bombing its territory. The accusation comes a day after the Iranian Revolutionary Guard launched a surprise attack against an American base in Jordan. Here, the economic agenda is empty, with market attention also focused on the election race. In the corporate market, agents continue to react to the quarterly earnings season. Tomorrow (30), the Vale (VALE3) and the Ambev (ABEV3) They publish their results.
This text was translated by machine from Brazilian Portuguese.