The global financial markets have experienced significant movements in the last 24 hours, reflecting economic data, political expectations, and corporate results. Here are the key highlights that could impact your investments:
1. International Stock Markets European and Asian markets mostly closed lower on Wednesday (12th), as investors focused on the upcoming monetary policy decision from the Federal Reserve (Fed), the U.S. central bank. Meanwhile, U.S. indices S&P 500 and Nasdaq posted slight gains, led by tech stocks after consumer inflation (CPI) data came in below expectations, raising hopes for potential interest rate cuts later this year.
2. Brazilian Market The Ibovespa went through a volatile trading session, tracking external trends and the ongoing debate on Tax Reform in Congress. The dollar hovered around R$ 5.40, reflecting both fiscal uncertainties and a less favorable global environment for emerging market currencies.
3. Interest Rates and Inflation In Brazil, the May IPCA inflation reading released yesterday showed a slowdown, which could ease pressure on the Central Bank. However, analysts are still waiting for clearer signals due to growing concerns regarding fiscal balance.
4. Commodities and Cryptocurrencies Brent oil remains above $80 per barrel amid expectations of rising global demand. Bitcoin surpassed $67,000 again, supported by the prospect of U.S. interest rate cuts and increased risk appetite among investors.
5. Corporate Highlights Earnings reports from major banks continued to move markets — with Itaú posting results above expectations and Bradesco unveiling new digital strategies for 2024.
Summary and Outlook Markets remain volatile, with investors closely monitoring both U.S. monetary policy and domestic developments in Brazil. Caution is still advised, highlighting the importance of portfolio diversification and staying updated on the latest news. Stay tuned for our daily financial market updates!
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