Dollar and Ibovespa fluctuate this Friday, a day of weak agenda in the markets

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The day before, the North American currency fell 0.34%, quoted at R$4.8746. The stock exchange’s main stock index fell 0.15%, to 130,649 points. Illustrative image about the rise of the dollar and the stock market on the São Paulo Stock Exchange (B3). KEVIN DAVID/A7 PRESS/ESTADÃO CONTENT The dollar is falling this Friday (11), on a day of few modifying events in the market and digesting inflation results released yesterday in Brazil and the United States. The only relevant data is US producer inflation. See below for a summary of the markets. Dollar At 10:05 am, the dollar was down 0.08%, quoted at R$4.8708. See more quotes. The day before, the North American currency fell 0.34%, quoted at R$4.8746. With the result, it accumulated: increase of 0.06% in the week; gain of 0.46% in the month and year. Ibovespa At the same time, Ibovespa was down 0.02%, at 130,617 points. Yesterday, the index fell 0.15%, to 130,649 points. As a result, it accumulated drops of: 1.04% in the week; 2.64% in the month and year. READ ALSO CASH OR CARD? What is the best way to take dollars when traveling? DOLLAR: When is the best time to buy the currency? Understand what makes the dollar rise or fall What moved the markets? Without big facts, markets move according to local agendas. In Brazil, the Regional Monthly Industrial Survey (PIM Regional) was released by the Brazilian Institute of Geography and Statistics (IBGE). On the Brazilian average, the industry grew 0.5% in November, with growth in nine of the 15 locations surveyed. Stock futures on Wall Street exhibited a negative bias, awaiting U.S. producer inflation data and the start of the North American corporate earnings season. European shares rose this Friday, as investors looked beyond the escalating conflict in the Middle East, excited by the prospects of an interest rate cut by the European Central Bank (ECB). The STOXX 600 index rose 0.75% to 476.30 points, after a 0.8% drop in the previous session. ECB President Christine Lagarde said on Thursday that the “hardest and worst part” regarding inflation is probably over and that interest rates will be cut if inflation falls to the 2% level. Investors were pricing in at least five rate cuts in 2024, with traders seeing a chance of around 30% that the first move would come in March. Stocks in China and Hong Kong ended the week lower on mixed economic data, while the market expects a key interest rate cut next week that could help boost demand and aid the economic recovery of the second-largest economy. of the world. The CSI300 index, which brings together the largest companies listed in Shanghai and Shenzhen, closed with a drop of 0.35%, and the Shanghai index fell 0.16%. Hong Kong’s Hang Seng index fell 0.35%. China’s exports grew 2.3% in December from a year earlier, adding to signs that global trade is slowly improving with the prospect of lower borrowing costs on the horizon. Meanwhile, China’s consumer prices fell for a third month in December, albeit moderately, while factory prices extended a prolonged decline, highlighting persistent deflationary pressures in an economy struggling to mount a solid recovery.

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