Dollar is slightly higher around the holiday

The dollar returned from Easter slightly stronger against the real, following the stability of the US currency abroad on Monday (18) marked by data from China, while the local focus was on Brazil’s fiscal outlook.

At 9:06 am (GMT), the spot dollar advanced 0.17%, at R$ 4.7048 on sale.

On B3, at 9:06 am (GMT), the dollar futures contract with the first maturity rose 0.04%, to R$ 4.7195.

The US spot currency closed the last session, on Thursday, up 0.18%, at R$ 4.6966 on sale.

Last Thursday (14), for the first time in 2022, the Brazilian Stock Exchange accumulated two consecutive weekly drops. The Ibovespa’s weekly drop of 1.81% followed the 2.67% drop of the previous week, the worst of the year for the country’s stock market benchmark.

At the daily close, the Ibovespa dropped 0.51%, to 116,181 points. Thursday’s trading took place under pressure from rising global interest rates and caution from investors due to the anticipation of the Good Friday holiday weekend.

The dollar closed the trading session with a gain of 0.17%, quoted at R$ 4.6960. Despite the pressures, the American currency retreated 0.36% against the real in the accumulated result for the week.

The benchmark crude oil price was sloping up for a fourth straight day. This Monday morning, the barrel of Brent rose 0.24% in the beginning of the night, quoted at R$ 111.97 (R$ 527.96).

US futures indices indicated a falling open. In Europe, the Stock Exchanges remain closed due to the Easter holiday.

In a morning bulletin, Ativa Investimentos highlighted that China suspended imports from the JBS (Barra do Garças) and Marfrig (Várzea Grande) plants for a week, both in Mato Grosso. The reason is the same as for other restrictions recently imposed by the Asian country on other Brazilian plants. The Chinese customs service claims to have found traces of the coronavirus in products imported from these plants.