Dollar has slight drop before announcement of economic measures by Haddad and US inflation

The dollar fell slightly against the real in the first deals this Thursday (12), with investors working in standby mode before the announcement of economic measures by the Minister of Finance, Fernando Haddad, and of inflation data from the United States.

At 9:15 am (Brasília time), the spot dollar retreated 0.27%, to R$ 5.1674 in the sale.

This Wednesday (11), the Stock Exchange had its sixth consecutive daily increase and the dollar closed down, with investors paying more attention to the economic news, after the release of the Secretariat of the Ministry of Planning and the statements by Minister Simone Tebet.

Abroad, stock markets also rose with investors optimistic about consumer inflation data in the United States. The market expects a deceleration in the indicator, which could lead the Federal Reserve, the US central bank, to reduce the pace of interest rate hikes.

The Ibovespa closed up 1.53% to 112,517 points. In the last six trading sessions, the Exchange has accumulated an increase of 8%. The spot commercial dollar closed down 0.40%, at R$5.1810 for sale.

Since January 4, when it reached its peak of R$5.45 in the year, the dollar has accumulated a 5% devaluation against the real.

Interest rates declined on all maturities. Contracts for 2024 fell from 13.59% at the close of this Tuesday (10) to 13.52%. For 2025, the rate increased from 12.69% to 12.53%. For 2027, the decrease was from 12.50% to 12.26%.

The Minister of Planning and Budget, Simone Tebet (MDB), announced this Wednesday (11) the composition of her team of secretaries, highlighting “the different lines of economic thought” and preaching harmony with the Ministers of Management, Esther Dweck, and da Fazenda, Fernando Haddad.

On the Minister of Finance, report by Sheet reveals that the proposed fiscal framework of the transitional economic team, which brought together André Lara Resende, Guilherme Mello, Nelson Barbosa and Persio Arida, involves replacing the spending cap with an expenditure target.

The price of oil also helped the Stock Exchange, boosting companies in the sector mainly. At 6:26 pm (Brasília time), the barrel of the Brent type rose 3.48%, to US$ 82.89.

The common shares of 3R Petroleum and PRIO, formerly PetroRio, had the highest rises on the Ibovespa, with 13.64% and 7.76%, respectively. This Wednesday, 3R disclosed that in December, its production almost doubled in relation to November.

Petrobras shares rose less, more impacted by caution with the political scenario. Preferred shares closed up 0.79%, and common stocks advanced 1.28%.

Abroad, the main stock indices in the United States also ended the day higher. In addition to optimism about inflation in the country, optimism about economic recovery in China also helped the market.

The Dow Jones Industrial Average was up 0.80%, while the S&P 500 was up 1.28%. The Nasdaq 100 closed up 1.76%.

Despite the attention given to economic news, the market keeps the political environment on its radar, with threats of new invasions and blockades by Bolsonarist militants. The government announced preventive measures to avoid a new invasion of the headquarters of the Three Powers.

Minister Alexandre de Moraes, of the STF (Supreme Federal Court), determined this Wednesday that public authorities prevent any attempts to occupy or block public roads, highways, spaces and public buildings by coup demonstrators supporting former President Jair Bolsonaro (PL). ).

The Minister of Justice and Public Security, Flávio Dino, extended for another ten days the use of the National Force in the region of Esplanada dos Ministérios and Praça dos Três Poderes, the scene of acts of vandalism last Sunday (8).