The Ibovespa is showing a slight decline this Tuesday morning, to 185,000 points.

At 10:17 am (Brasilia time) this Tuesday (5), the Ibovespa registered a slight drop of 0.13%, to 185,364.02 points. On the previous day (4), the main indicator of Brazilian Stock Exchange (B3) It closed down 0.92%, at 185,600.12 points. Of greater weight in the composition of B3a Vale (VALE3) It appreciated by 0.61%. Contrasting with the gains, the shares of Petrobras (PETR3; PETR4) They were trading higher, up 1.16% and 1.32%, respectively. This morning, the market is reacting to the release of the minutes from the last meeting of… Monetary Policy Committee (Copom)of Central Bank (BC)The Committee, which last week reduced the Selic rate by 0.25 percentage points to 14.50% per year, indicated in the document that the magnitude and duration of the interest rate cut cycle will continue to depend on the evolution of the scenario, especially given the uncertainties generated by the conflict in the Middle East. "The Committee deemed it appropriate to continue the monetary policy calibration cycle, insofar as the prolonged period of maintaining the basic interest rate at a contractionary level provided evidence of the transmission of monetary policy on the slowdown in economic activity," the minutes highlighted. In the corporate scenario, the Ambev The company reported a net profit of R$ 3.89 billion in the first quarter, a 2.1% increase year-on-year. After the market closes, earnings reports from companies such as [names of companies would be inserted here] are expected. HERE, Copel, Iguatemi, Itaú, Prio, RD Health and TIMIn Brasília, investors are assessing the impacts of the Desenrola 2.0 program, announced by President Luiz Inácio Lula da Silva, aimed at renegotiating debts. Meanwhile, a new Real Time Big Data poll showed that President Lula holds an advantage in the first round over Senator Flávio Bolsonaro, but they are in a technical tie in the second round. Abroad, tensions persist in the Middle East. The United Arab Emirates accused Iran of launching drones and missiles against the country, raising the risk of a ceasefire breakdown in the region. In parallel, US authorities claimed to have destroyed Iranian vessels in the Strait of Hormuz, while Iranian state media denies the attacks. Given this scenario, oil prices continue to rise in the international market, with… Brent above US$110 per barrel and the WTI Near US$105, reinforcing concerns about global inflation in the short term.

This text was translated by machine from Brazilian Portuguese.