Dollar rises and closes at R $ 5,689 with OPEC announcement and US economy strength indication

by Andrea
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Scholarship registered a drop of 1.26%, closing at 133,430 points, pressed by Petrobras

Cris Faga/Dragonfly Press/Estadão Content
Dollar ended Monday (5) with an appreciation of 0.62%

It ended Monday (5) with a appreciation of 0.62%, reaching the quote of R $ 5,689. On the other hand, the stock exchange fell 1.26%, closing at 133,430 points. This devaluation of the index was influenced by information about OPEC+, which decided to accelerate the increase in oil production, resulting in a significant drop in Petrobras actions, which retreated 2.81% and 3.73%. The caution of investors is evident, especially due to the decisions being made by central banks in various parts of the world, such as the Federal Reserve, the Bank of England and the Central Bank of Brazil. In addition, US President Donald Trump announced a 100% rate about films produced abroad, which generated uncertainties over commercial agreements, especially with China.

Fernando Haddad, Minister of Finance of Brazil, revealed that he is in talks with the United States about tariff policy. OPEC+ decision to increase oil production also had a negative effect on Ibovespa, with analysts suggesting that this measure is linked to the expectation of falling oil prices. Financial markets are attentive to upcoming interest rate decisions. The Federal Reserve is expected to maintain the current rate, while Brazil’s Monetary Policy Committee (Copom) should raise Selic, which is currently 14.25% per year, with an increase of 0.5 percentage point increase.

This is the first time economists review Selic’s forecast to 2025, now estimated at 14.75%. The Focus Bulletin, released by the Central Bank, has also brought news, indicating a new reduction in expectations for the Example Consumer Price Index (IPCA), which is expected to end the year by 5.53%. In addition, the price of the dollar price in 2025 was adjusted, now projecting that the US currency reaches $ 5.86.

Posted by Sarah Paula
*Report produced with the aid of AI

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