The dollar opened this Wednesday (29) lower against the real, losing steam after closing the last session at the highest level in almost five months, while market participants awaited the release of data on the United States economy and speeches from authorities of the world’s leading central banks.
In Brazil, the focus continued on the PEC for Fuels in Congress, which recently reignited fiscal fears.
At 9:08 am (GMT), the spot dollar retreated 0.39%, to R$ 5.2463 on sale.
On B3, at 9:08 am (GMT), the first-maturity dollar futures contract dropped 0.45% to R$5.2515.
The day before, the Ibovespa closed down 0.17%, at 100,591 points, returning to a low region after highs in the two previous sessions. The fall accumulated in June reached 9.66%.
The recovery of the domestic stock market was hampered by pessimistic data on consumption in the United States, which erased gains made with the reduction of restrictions against Covid in China.
In New York, the benchmark S&P 500 index fell 2.01%. The Dow Jones, an indicator focused on high value companies, lost 1.56%. The Nasdaq technology sector index plunged 2.98%.
The turn to the downside came after new data from the Conference Board showed that US consumer optimism cooled in June for the second straight month as concerns grew over rising inflation and rising interest rates in the country.
Investors show concern when consumers start to expect the maintenance of an inflationary process. In the specific case of the economic moment in the United States, this could lead the Fed (Federal Reserve, the American central bank) to increase interest rates even more to avoid behaviors that feed the rise in prices.
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