Dollar opens with volatility in a week marked by GDP and inflation data

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Last Friday, the North American currency fell 0.17%, quoted at R$4.8984. The main stock index on the Brazilian stock exchange ended with a loss of 0.84%, at 125,517 points. Dollar operates with volatility Karolina Grabowska The dollar opened with volatility this Monday (27), oscillating between slight highs and lows, starting a week that has an agenda full of important releases, with emphasis on the Gross Domestic Product (GDP) in Brazil and in the United States and inflation data. See the day in the markets below. Understand what makes the dollar rise or fall Dollar At 9:15 am, the dollar rose 0.02%, quoted at R$4.8995. See more quotes. Last Friday, the North American currency closed down 0.17%, quoted at R$4.8984. As a result, it began to accumulate falls of: 0.16% in the week; 2.82% in the month; 7.19% in the year. Ibovespa Ibovespa only starts operating at 10am. Last Friday, the index closed up 0.84%, at 125,517 points, renewing its highest level in more than two years. As a result, it began to accumulate gains of: 0.60% in the week; 10.94% in the month; 14.38% in the year. MONEY OR CARD? What is the best way to take dollars when traveling? DOLLAR: When is the best time to buy the currency? What’s moving the markets? On the return of the Thanksgiving and Black Friday holidays, events that reduced the volume of trading in the financial market in recent days, the week begins with expectations for new economic indicators in Brazil and the world, with emphasis on data on inflation and growth of countries. In the domestic scenario, the most important indicator, which will be released on Friday (1), is Brazil’s GDP in the third quarter of 2023. Tomorrow (28), the Brazilian Institute of Geography and Statistics (IBGE) releases the Index of Broad Consumer Prices 15 (IPCA-15), which is a preview of November inflation. On Thursday (30), there are unemployment figures. In this session, investors keep an eye on the traditional Focus Bulletin, which is released every Monday, bringing the market’s perspectives on the main Brazilian economic indicators. In this week’s edition, the median of economists’ projections for inflation in 2023 fell, once again, from 4.55% to 4.53%. For 2024, the inflation estimate remained stable at 3.91%. Regarding the 2023 GDP result, the financial market lowered its growth projection from 2.85% to 2.84%. For 2024, the financial market’s economic growth forecast remained unchanged at 1.50%. Still in the domestic market, investors are reflecting this year’s Black Friday sales figures, which were well below expectations. Abroad, the highlight is the United States, which this week is expected to release figures on inflation, GDP, consumer confidence and other important data on economic activity. In China, the day is more negative, after data showing that the profits of the country’s industrial companies saw a slowdown in growth in October (up 2.7%). From January to October, profit fell 7.8%.

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