Despite the discharge of the American border, the Brazilian stock exchange advanced 0.34%, closing at 132,519 points, driven by the appreciation of oil
It closed up 0.42% on Wednesday (26), quoted at R $ 5,732, following the appreciation of the American currency abroad. The movement reflected the caution of investors in the face of the possible imposition of new commercial tariffs by the United States, as it can impact the global economy. The expectation of the president’s announcement of tariffs in the automobile sector and the imminence of so -called “reciprocal tariffs”, scheduled for April 2, increased risk aversion in markets. In the United States, the main stock rates recorded significant declines: S&P 500 fell 1.12% and NASDAQ retreated 2.04%.
Despite the high dollar, the Brazilian stock exchange advanced 0.34%, closing at 132,519 points, driven by the appreciation of oil. The American currency reached R $ 5,7479 in the early afternoon, reflecting the strengthening of the dollar in the international market. In the domestic scenario, analysts point out that exchange rate volatility has also been influenced by tax and political uncertainties. The uncertainty about tax reform and consumption stimulation measures generate concerns about the conduct of Brazilian economic policy.
In the United States, members of the Federal Reserve (Fed) warned of the impact of inflation rates and interest policy. St. Louis Fed President Alberto Musalem said the American Central Bank could be forced to keep interest rates higher, depending on the effects of new economy rates.
The high dollar occurs amid a negative currency flow in Brazil. According to Central Bank data, until March 24, there was a net outlet of US $ 7.676 billion. The appreciation of the real in recent months has been sustained by the dismantling of positions purchased in foreign exchange derivatives by foreign investors. With the uncertainty about the consequences of US tariff policy and its impacts on global inflation, the market remains aware of upcoming monetary policy decisions in Brazil and the United States.
*With information from Estadão Content
Posted by Felipe Dantas
