US currency retreated 0.50% this Thursday (29.MAI); US tariff and IOF decree are also on investors radar
The commercial dollar fell to R $ 5,666 this Thursday (29.MAI.2025). Retreated 0.50%. Reached R $ 5,643 in the minimum and R $ 5,703 in the maximum. Ibovespa, the main index of B3 (São Paulo Stock Exchange), fell by 0.25%at 138,533.70points.
In the international scenario, financial agents react to blocking reciprocal tariffs in the United States against other countries. The US International Court of International Trade on Wednesday (28.MAI) the rates applied by the President (Republican Party).
Trump. The judicial contestation, which resulted in the blockade of tariffs, was presented by states governed by Democrats and a group of small American companies. These questioned the legality of the measures proposed by the Trump administration.
The argument was upheld by the lower court. Reduction of tariffs decreases the global inflationary impact, which animates investors.
In Brazil, the unemployment rate of 6.6% in the quarter ended in April shows that the labor market is still warm. The result was below the estimates of the financial agents and is an indicative that the (Central Bank) could continue to rise the basic rate, Selic, at the next meeting of the Copom (Monetary Policy Committee), June 17 and 18.
Investors also follow discussions about the decree that increases the rates of the IOF (Tax on Financial Operations). The mayor, deputy (Republicans-PB), gave 10 days of deadline to the Minister of Finance, to present alternatives to the increase of the tax. The Secretary of the National Treasury, Rogério Ceron, said on Thursday (29.MAI.2025) that there are no proposals yet.
