Understand everything that will move the financial market and the world of investments this Wednesday (03), with the Café do Mercado podcast, produced by Market Monitor.
Today’s episode is now live on the main podcast platforms. Just click on your preferred platform to listen: Spotify; Deezer; Amazon Music; Google Podcasts; Anchor. Or listen by clicking below:
The Brazilian Stock Exchange started the week on a high, reaching the mark of 127 thousand points, while the dollar remained at R$5.06, being one of the main topics of discussion in the financial market this week.
Exchange scenario
The dollar has been the center of attention after surpassing R$5.00, leading the Central Bank to act to keep the currency within this range and avoid inflationary pressures. Investors must closely monitor this exchange rate volatility and its possible repercussions on import and export prices.
Company performance
The positive performance of Petrovale and Bradesco shares contributed to the 0.4% increase on the Stock Exchange, reflecting the market’s recovery after a day of external concerns about economic indicators in the USA.
Expectations in the USA
The release of American economic indicators, such as the expansion of the job market in February, directly impacts expectations about interest rate cuts in the USA, potentially influencing investment strategies globally.
Important events
The speech by the president of the US Central Bank and the release of Brazilian industrial production in February are key events for investors to follow, as they provide insights into monetary policies and the economic health of the respective countries.
Budget issue in Brazil
Pacheco’s recent decision to maintain social security exemptions instead of increasing social security contributions for city halls generates legal uncertainty and may have implications for fiscal policies, demanding attention from investors in relation to the country’s economic and fiscal stability.
Image: Unsplash
