Dollar operates higher on a day of mixed markets around the world

Last Friday, the North American currency fell 0.53%, quoted at R$4.9145. The main stock index on the Brazilian stock exchange ended up 1.29%, at 120,568 points. IDollar opens higher. Freepik The dollar reversed the signal from the first minutes of trading and is operating higher this Monday (13), on a day of weaker economic agenda and greater volatility around the world, while investors await new inflation data in the United States – which can provide a clearer signal about the direction of interest rates in the country. In Brazil, the week begins with the release of the Focus Bulletin, a report from the Central Bank (BC) that brings together market projections on economic indicators, without major changes. See the day in the markets below. Understand what makes the dollar rise or fall Dollar At 9:40 am, the dollar rose 0.13%, quoted at R$4.9208. See more quotes. Last Friday (10), the North American currency closed down 0.53%, selling at R$4.9145. With the result, it started to accumulate: increase of 0.39% in the week; drop of 2.50% in the month; decline of 6.89% in the year. Ibovespa Ibovespa only starts operating at 10am. Last Friday, the index closed up 1.29%, at 120,568 points, the highest level since August. As a result, it began to accumulate increases of: 2.03% in the week; 6.56% in the month; 9.87% 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? The week begins with stock exchanges around the world operating without a single direction, while the dollar is rising against most other currencies. Monday has a weaker economic agenda, but there is great expectation for the release of inflation data in the United States tomorrow (14). Experts explain that these numbers are very important in determining the next steps of the Federal Reserve (Fed, the American central bank) in relation to the country’s interest rates, currently between 5.25% and 5.50% per year. “Markets are getting the feeling that the Fed is very dependent on data. They want to see the impact of previous rate hikes on the economy, the full extent of which will take some time to see,” said Daniela Hathorn, senior market analyst from Capital.com, to the Reuters news agency. Last week, Fed President Jerome Powell stated that the institution “is not confident that rates are already high enough to end the battle against inflation and that it can promote further interest rate increases. Investors also continued to react statements by Fed President Jerome Powell about the direction of monetary policy in the United States. Another piece of data that should be on investors’ radar in the coming days are China’s growth numbers, which will show how the second largest economy in the world is doing. world and one of the biggest demanders for different types of products worldwide. In Brazil, the day is marked by the traditional release of the Focus Bulletin. In this edition, the BC report showed that financial market economists reduced inflation expectations in 2023 by 4.63% to 4.59%, but raised the estimate for next year from 3.91% to 3.92%. The drop in the projection for this year comes after the Broad Consumer Price Index (IPCA) of October recorded a smaller increase than expected, of 0.24%. Estimates for the Selic rate, Gross Domestic Product (GDP) and the price of the dollar remained unchanged compared to last week.



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