The Ibovespa is showing a moderate decline this Tuesday morning, at 188,000 points.

At 10:47 am (Brasilia time) this Tuesday (28), the Ibovespa registered a moderate drop of 0.60%, to 188,449.32 points. The day before (27), the main indicator of Brazilian Stock Exchange (B3) It closed down 0.61%, at 189,578.79 points. Of greater weight in the composition of B3a Vale (VALE3) The company's shares depreciated by 0.95%. Today, the mining company releases its quarterly results, and market agents expect growth despite the stability of iron ore prices. Contrasting with the losses, the company's shares… Petrobras (PETR3; PETR4) They were trading higher, up 0.76% and 0.65%, respectively. Investors are monitoring the start of the quarterly earnings season, which covers the first three months of 2026. Companies like… Gerdau (GGBR4), Santander (SANB11) and WEG (WEGE3) They will release their numbers throughout this week. This morning, market participants are reacting to the announcement of… National Consumer Price Index 15 (IPCA-15)According to IBGE, the indicator advanced 0.89% in April, 0.45 percentage points (pp) above the March result (0.44%). Year-to-date, the IPCA-15 accumulates an increase of 2.39%, and over the last 12 months, 4.37%, above the 3.90% observed in the immediately preceding 12 months. In April 2025, the rate was 0.43%. The result, below market expectations, tends to favor the Copom's view that it will adopt a more favorable stance towards reducing interest rate pressure. The meeting of Central Bank of (BC) It begins this Tuesday, with a decision expected on Wednesday (29). In the United States, the Federal Reserve (Fed) Brazil also begins its meeting today, with expectations of maintaining interest rates in the range of 3.50% to 3.75% per year. On the political front, the new AtlasIntel survey shows a close race in the electoral contest involving President Luiz Inácio Lula da Silva, Senator Flávio Bolsonaro, and former Governor Romeu Zema, with the current head of the Executive branch tied in the second round with both competitors. Internationally, negotiations between the United States and Iran remain stalled, with the Strait of Hormuz still paralyzed. The Iranian peace proposal was not well received by President Donald Trump, maintaining uncertainty in the market. As a result, oil prices have risen again, with WTI above US$100 per barrel and Brent exceeding US$110, raising global inflationary concerns. On Wall Street, the market is watching the release of results from the so-called "Magnificent Seven," with earnings reports from companies such as Alphabet, Amazon, Meta Platforms, Microsoft, and Apple expected throughout the week.

This text was translated by machine from Brazilian Portuguese.