Follow the dollar exchange rate and today’s Stock Exchange session – 11/27/2023 – Market

The dollar opened slightly higher this Monday (27), while the market awaits the release of new inflation data in the United States, in search of more information to align bets on the future of American interest rate policy.

In recent weeks, the American currency has accumulated a drop against the real following positive inflation data in the country, which endorsed predictions that the rise in interest rates in the United States has come to an end. Now, investors are seeking to define more clearly when interest rate cuts should begin.

At 9 am, the currency was close to stability and showed a slight increase of 0.02%, quoted at R$4.9000 on sale.

On Friday (24), the Brazilian Stock Exchange fell 0.83%, to 125,517 points, driven by shares in the retail sector, which registered the biggest drops of the session, and by low liquidity due to the Thanksgiving Day holiday. Thanks in the United States.

The shares of Magazine Luiza and Grupo Casas Bahia fell 8.76% and 8.62%, respectively, leading the trading session’s losses, in the middle of Black Friday. Projections of a drop in sales this year put pressure on the sector’s shares, causing the index that brings together Ibovespa consumer companies to fall 1.37%.

Petrobras was also one of the highlights of the day, recording a volatile session after the presentation of its new investment plan. The oil company started the day falling and began to alternate between losses and gains, but guaranteed an increase of 0.25% in the session.

Despite this Friday’s fall, the Ibovespa ended the week with an accumulated increase of 0.59%.

In exchange, the dollar fell 0.17% and ended the day at R$4.897, once again experiencing a session of reduced liquidity due to the holiday in the USA. The American currency accumulates a drop of 0.15%.

The movement in Brazil occurred in line with abroad: the index that measures the dollar’s performance against other strong currencies fell 0.52%.