The dollar was slightly higher against the real this Friday (8), with investors working on standby before the release, at 9:30 am (GMT), of a US employment report, which should offer clues about health. of the US economy and the Federal Reserve’s next monetary policy steps.
In Brazil, investors digested the June reading of the IPCA, which rose 0.67% in the period, accelerating from the 0.47% rate seen in May.
At 9:08 am (GMT), the spot dollar advanced 0.09%, at R$ 5.3493 on sale.
On B3, at 9:08 am (GMT), the dollar futures contract with the first maturity rose 0.18%, to R$ 5.3850.
The exchange rate decelerated this Thursday (7) after having reached a new peak the day before since the end of January. The drop is in line with the movement of markets abroad.
The Ibovespa rose 2.04% to 100,729 points. The strength of the commodities sector propelled the Stock Exchange’s benchmark index to breathe above 100,000 points for the first time in six trading sessions.
After a day of widespread panic due to fears of a global recession, investors began to digest information that diminished the expectation of an almost immediate fall in the global economy.
A weekly US Unemployment Insurance report showed a surge in claims for new benefits.
The information was interpreted as a sign that the Fed (Federal Reserve, the American central bank) is managing to tame inflation in the country and, thus, would be able to reduce the pace of interest rate hikes.
On the New York Stock Exchange, the benchmark S&P 500 rose 1.50%. The Dow Jones and Nasdaq also advanced, with gains of 1.12% and 2.28%, respectively.
The price of a barrel of Brent oil rose 3.43% in the late afternoon, to US$ 104.14 (R$ 558.54). The high comes after the commodity has sunk 11.5% in two days. Petrobras’ most traded shares jumped 2.93%.
“The Ibovespa followed the world stock exchanges and had an expressive high trading session. With the favorable external scenario and high commodities, practically all the stocks that make up the index appreciated”, commented Leandro De Checchi, an analyst at Clear Corretora.
I have over 8 years of experience in the news industry. I have worked for various news websites and have also written for a few news agencies. I mostly cover healthcare news, but I am also interested in other topics such as politics, business, and entertainment. In my free time, I enjoy writing fiction and spending time with my family and friends.