Ibovespa opens slightly higher, following the outside

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The day before, the main index of the stock exchange advanced 0.38%, to 117,666 points. Ibovespa operates on the rise, pulled by the exterior. Freepik The Ibovespa, the main index of the São Paulo stock exchange, the B3, opened slightly higher this Thursday (13), following the international markets, while investors still reflect on the inflation data from the United States. At 10:05 am, the index rose 0.10%, to 117,786 points. See more quotes. The previous day, the Ibovespa closed up 0.09%, at 117,666 points. As a result, the index began to accumulate: a drop of 1.04% in the week and 0.36% in the month; increase of 7.23% in the year. What is messing with the markets? The attention of global markets is, once again, focused on inflation data in the United States. Yesterday, there was the release of the Consumer Price Index (CPI, its acronym in English), which rose 0.2% in June and accumulated an inflation of 3.0% in 12 months, slightly below market expectations. The numbers encouraged investors and led the dollar to close down in Brazil, while the stock market advanced. However, the head of economics at Rico, Rachel de Sá, points out that these data are still not enough to reverse expectations that the Federal Reserve (Fed, the US central bank) will once again raise interest rates in the country. , today between 5.00% and 5.25% per year. “In this line, still strong data on economic activity and the labor market released today in the Beige Book (an analysis published by the American central bank on a quarterly basis on the state of the economy in the different regions of the country) reinforce the recent hard tone of the directors of the Fed”, explains Rachel. Today, investors are also reflecting data on producer inflation in the world’s largest economy, which rose marginally by 0.01% in June, below market expectations. In Brazil, the day has a more emptied schedule, but the domestic market continues to reflect the latest economic indicators released: June inflation, which fell by 0.08%, and the volume of services in May, which grew by 0.9%. According to Rachel, despite seeming positive, the growth of the services sector, which came in higher than expected, “may feed some concern, if read from the perspective of pressures on prices”, since despite the deflation registered in the month of June, the Consumer Price Index (IPCA) revealed that prices in the sector continue to rise at a high pace. In other parts of the world, the highlight is some economic data that came in below expectations in China and Europe. In the Asian country, exports fell 12.8% in June, against a less pronounced drop projected by analysts, of 9.2%. Imports fell by 6.8%, while the expected drop was 4.0%. In the euro zone, industrial production had a slight increase of 0.2% in May. The market projected an increase of 0.3%.

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