In the domestic scenario, the real benefited from the possible entry of foreign capital into the stock market
The price retreated consistently this Monday (3), on a day marked by the appreciation of Latin American currencies and optimism in the markets in the face of better-than-expected economic data in China. In the domestic scenario, the real benefited from the possible entry of foreign capital into the stock market, which reached the historic mark of 150 thousand points. The American currency in cash closed down 0.43%, quoted at R$5.3574, after touching a low of R$5.3455. Despite having risen 1.08% in October, the dollar accumulates a decline of 13.31% in 2025, a performance that places the real as the strongest currency among the main Latin American currencies this year.
O renewed records and closed the session at 150,454.24 points, up 0.61%, with a financial volume of R$21.28 billion. It was the ninth consecutive session of gains for the main B3 index, driven by the advance of stock exchanges. Nova York and the expectation surrounding the decision of the Monetary Policy Committee (Copom), which will be announced on Wednesday (5).
The market expects the Selic rate to remain at 15% per year, but is closely following the Central Bank’s statement in search of signs about the beginning of a cycle of cuts. “There is an expectation of a drop in interest rates coming. The market will look closely at the statement, to see if the Copom will give any spoilers”, said Nicolas Gass, head of allocation at GT Capital.
The prospect of maintaining the differential between internal and external interest rates continues to support the carry trade, reducing pressure on the real, even with the increase in year-end remittances. The week will also be busy due to the corporate earnings season, with emphasis on the results of Itaú and Petrobras, which should influence the stock market’s performance in the coming sessions. According to the Focus bulletin, released this Monday, the projection for the 2025 IPCA fell slightly, from 4.56% to 4.55%, reinforcing the scenario of expectations for monetary easing later this year.
*With information from Estadão Conteúdo
