At 10:24 am (Brasilia time) this Monday (8), the Ibovespa It was operating in stability with a downward bias (-0.02%), at 169,014.84 points. On Friday (5), the main indicator of Brazilian Stock Exchange (B3) It fell 0.77%, to 169,019.12 points, with an accumulated loss of 2.73% for the week. Of greater weight in the composition of B3a Vale (VALE3) It fell 0.14%, while shares of Petrobras (PETR3; PETR4) Brazilian currency prices rose 0.22% and 0.51%, respectively. This morning, market participants adjusted positions after last week's surge in the currency, as the international scenario continued to dominate investors' attention. In the Middle East, oil prices rose again after Israel carried out new attacks against military targets in western and central Iran, increasing uncertainty about the stability of the ceasefire negotiated between Washington and Tehran. Despite the military escalation, US President Donald Trump stated that peace negotiations are ongoing. “Both sides, Israel and Iran, are seeking an immediate ceasefire. Final peace negotiations are underway, subject to ignorance or stupidity derailing them. The blockade will remain in effect, with all its force and effect, until a final agreement is reached. Things must move quickly,” Trump wrote in a post on the Truth Social network. The outlook for US monetary policy also remains on investors' radar. Following the release of the official payroll report, which again indicated a resilient labor market, speculation increased that the Federal Reserve (Fed) Interest rates could remain high for longer or even be adjusted further over the next few months. In Brazil, market participants are reacting to the new edition of the Focus Bulletin, released by… Central Bank (BC)Among the highlights, the projection for the National Consumer Price Index (IPCA) The 2026 forecast rose from 5.09% to 5.11%, marking the 13th consecutive week of upward revision. For 2027, the estimate increased from 4.02% to 4.03%. Projections for… Selic rate Interest rates were also raised. The market now projects interest rates of 13.50% by the end of 2026, an increase of 0.50 percentage points compared to the previous estimate. For 2027, the expectation rose from 11.25% to 11.50% per year. In the political and commercial field, the Brazilian government is preparing a videoconference this week with the US Trade Representative, Jamieson Greer, to discuss the proposed tariff measures against Brazilian products. The meeting takes place after the release of the final reports of investigations conducted by US authorities based on Section 301, which suggest the adoption of additional tariffs of 25% and 12.5% on different groups of products exported by Brazil.
This text was translated by machine from Brazilian Portuguese.