Dollar is slightly higher; follow the market this Wednesday

The dollar was trading slightly higher against the real shortly after the opening on Wednesday (22), with markets operating on hold ahead of a hearing from Federal Reserve Chairman Jerome Powell, which may provide more clues about the trajectory. monetary tightening by the central bank of the United States.

At 9:02 am (GMT), the spot dollar advanced 0.24%, at R$ 5.1657 on sale.

On B3, at 9:02 am (GMT), the first-maturity dollar futures contract rose 0.69% to R$5.1795.

The day before, the spot dollar closed down by 0.67%, at R$ 5.1533 on sale.

This Tuesday (21), the fall in Petrobras shares once again harmed the performance of the Brazilian Stock Exchange, the day the government of Jair Bolsonaro (PL) continued its offensive against the company after the increase in fuel prices last week.

The Ibovespa dropped 0.17% to 99,684 points. The decline in the domestic market occurred despite a global scenario of lower risk aversion and recovery in the main stock exchanges, which contributed to the dollar’s fall in the session.

Petrobras’ preferred shares (PETR4) depreciated by 1.99%. The company’s common papers (PETR3) lost 1.06%.

Also on Tuesday, the minutes of the most recent meeting of the Central Bank’s Copom (monetary policy committee) signaled that the monetary authority should keep interest rates at a high level for longer than initially planned, thus seeking to bring inflation closer to inflation targets in the coming years.

In the United States, the stock market reopened higher after having remained closed the day before for Juneteenth, which celebrates the emancipation of enslaved African Americans.

The New York Stock Exchange’s benchmark, the S&P 500, rose 2.45%. Dow Jones and Nasdaq gained 2.15% and 2.51%, respectively. The strong recovery comes after the worst week for the US market in two years.