The Ibovespa stock index is up 0.89% this Wednesday morning, reaching 171,158 points.

At 10:18 am (Brasilia time) this Wednesday (17), the Ibovespa It registered a moderate increase of 0.89%, to 171,158.60 points, but with an accumulated loss of 0.45% in the partial week. On the previous day (16), the main indicator of Brazilian Stock Exchange (B3) It fell 0.45%, to 169,648.47 points. Of greater weight in the composition of B3a Vale (VALE3) It fell 1.36%, while shares of Petrobras (PETR3; PETR4) They were trading slightly higher at 0.18% and 0.42%, respectively. This morning, investors' attention is focused on the call. Super Wednesdaywhen the central banks of United States and of Brazil They announce their monetary policy decisions. In the US, this will be the first meeting of Federal Reserve (Fed) Under the chairmanship of Kevin Warsh, the prevailing market expectation is that the benchmark interest rate will remain in the range of 3.50% to 3.75% per year. In addition to the decision, market participants are closely watching the new chairman's press conference for signals about the next steps in US monetary policy. In Brazil, the expectation is that… Monetary Policy Committee (Copom) promote a third consecutive 0.25 percentage point cut in the Selic rate, reducing it to 14.25% per year. Analysts, however, believe that… Central Bank (BC) He should maintain a cautious tone in the face of inflationary uncertainties. Among the day's indicators, the BC reported that the Economic Activity Index (IBC-Br)The US retail sales figure, considered a preview of GDP, advanced 0.50% in April compared to the previous month, a result below market expectations, which pointed to a 0.60% increase. Later, investors will be watching the release of US retail sales data, a relevant indicator for assessing the pace of economic activity in the country. In the geopolitical scenario, uncertainties persist surrounding the peace agreement between the US and Iran, which maintains doubts about the effective normalization of maritime traffic through the Strait of Hormuz. During the G7 Summit, held in France, President Donald Trump stated that the memorandum of understanding negotiated with Tehran does not yet represent a definitive agreement and again adopted an aggressive tone towards the country. "It's a memorandum of understanding. And if I don't like it, we'll attack them again. If they don't behave, we'll act again," Trump declared. Given the uncertainties about the outcome of the negotiations, oil prices rose again on Wednesday, after accumulating three consecutive sessions of decline.

This text was translated by machine from Brazilian Portuguese.