Ibovespa falls to 127 thousand points abroad; check updates

O Ibovespa opened this Thursday’s session (14) on a high, but established itself in the positive field during the afternoon. At around 4:10 pm, the index fell 0.24%, to 127,697 points.

The market today is keeping an eye on economic data in the United States. There, the producer price index (IPP) increased by 0.30% in February, compared to a consensus of 0.20%. On an annual basis, the variation was 1.60%, compared to expectations of 1.10%. Furthermore, unemployment insurance claims there reached 209 thousand in the week, compared to the consensus of 218 thousand.

The two numbers tend to be read as negative, as they indicate producer inflation still above expectations and a heated labor market, which weakens the thesis of interest cuts in the near future.

In Brazil, retail sales rose 2.50% in January, strongly exceeding the consensus, which projected an increase of 0.20%.

Here, the market must still continue to reflect the soap opera involving extraordinary dividends from Petrobras. Last night, the president of the state-owned company, Jean Paul Prates, stated that Lula and his direct assistants advised the board on the retention of earnings.

O Petroleum has increases of around 1.50%, while the Petrobras turned negative: Petrobras ON (PETR3) falls 0.68% to R$ 36.73 and Petrobras PN (PETR4) falls 0.33% to R$ 36.26.

Already the iron ore there was a new drop this morning in China, negatively impacting the OK (VALE3), which loses 1.27% to R$60.45.

The biggest increase in Ibovespa is Embraer (EMBR3), +8.86% at R$29.02, followed by São Martinho (SMTO3), +3.97% at R$27.50, and Marfrig (MRFG3), +3.52% to R$10.29.

On the negative side, CSN (CSNA3) leads the losses with -4% at R$15.62. Petroreconcavo (RECV3) appears next with -3.82% at R$21.64, after reporting operational data for February. Hypera (HYPE3), -3.38% at R$32.89, completes the top-3 of declines.

Market in NY

To the scholarships in NY opened this Thursday’s session with a decline, with investors digesting data on producer inflation and unemployment insurance claims.

Check the performance of market in NY around 4:10 pm:

• Dow Jones: -0.72% at 38,760 points
• S&P5000: -0.68% to 5,130 points
• Nasdaq: -0.72% at 16,060 points

Biggest highs and lows of Ibovespa

Dollar exchange rate

A dollar exchange rate today advances 0.45% to R$4.9922.

O Dolar today This reflects producer inflation and employment data in the United States. Meanwhile, treasury yields there are rising.

Asian stocks close mixed

To the asian handbags closed without a single direction and with modest variations this Thursday (14), repeating the behavior of Wall Street yesterday, on a day marked by a lack of new catalysts.

Today, the index Nikkei rose 0.29% in Tokyo, to 38,807.38 points, after being in the red in the previous three trading sessions amid rumors that the Bank of Japan (BoJ) is preparing to abandon its negative interest rate policy , perhaps as early as next week’s monetary policy meeting.

In mainland China, markets saw light to moderate losses: the Shanghai Compound fell 0.18%, to 3,038.23 points, and the least comprehensive Shenzhen Compound fell 0.59%, to 1,758.09 points.

In other parts of Asia, the Hang Seng dropped 0.71% in Hong Kong, to 16,961.66 points, while the South Korean Kospi rose 0.94% in Seoul, to 2,718.76 points, reaching the highest level in almost two years, and the Taiex recorded a marginal increase of 0.05% in Taiwan, at 19,937.92 points.

In Oceania, the Australian stock market fell again, after two consecutive days of gains. O S&P/ASX 200 fell 0.20% in Sydney, to 7,713.60 points, pressured by bank shares.

The mixed and breathless performance in Asia and the Pacific came after similar behavior on the New York stock exchanges, which yesterday remained without a single direction and not far from stability on a day with an empty agenda. Today, however, data on producer inflation (PPI) and retail sales are expected in the US, which could lead to adjustments in expectations for the trajectory of US basic interest rates this year.

Europe reaches highs while waiting for US data

European stock markets operate mostly higher this Thursday morning, extending recent gains and with new intraday highs in Frankfurt and Paris stock indices, while investors await relevant economic data from the US.

Check out the performance of European stock markets around 8:30 am:

London (FTSE100): -0.03% at 7,770 points
Frankfurt (DAX): +0.22% to 18,025 points
Paris (CAC 40): +0.91% to 8,211 points
Madrid (Ibex 35): +0.16% to 10,577 points
Europe (Stoxx 50): +0.54% to 5,027 points

In the absence of local indicators on the agenda, investors in Europe will monitor US economic data in the coming hours, including surveys on producer inflation (PPI) and retail sales, which could influence bets for the trajectory of US basic interest rates.

In recent weeks, the view has prevailed that both the Federal Reserve (Fed, the US central bank) and the European Central Bank (ECB) could start reducing interest rates from June, when they will have already evaluated more data on behavior of inflation.

Fed and ECB officials say they need more evidence that inflation is moving sustainably toward the official target of 2% in the U.S. and euro zone.

Earlier, the German DAX stock index reached an unprecedented score of 18,027.56 points, while the French CAC 40 also set a new intraday record, at 8,209.98 points.

*With information from Dow Jones Newswires and Estadão Conteúdo

Last closing of Ibovespa

O Ibovespa ended yesterday’s session (13) up 0.26%, at 128,006.05 points.