Check out what moves the Stock Market, Dollar and Interest Rates this Tuesday

On the eve of the Labor Day holiday, which closes the Brazilian Stock Exchange tomorrow, the job market is in the spotlight, with the release of the unemployment rate and job creation data for the month of March. Investors should also reflect on Petrobras’ production and sales report released the day before. Regarding the balance sheet season, Santander made a profit of R$3.021 billion in 1Q24, an increase of 41.2% in the annual comparison. In Europe, inflation in the Euro Zone remained stable at 2.4%, maintaining the expectation that the European Central Bank (ECB) will begin to cut interest rates at its next monetary policy meeting, on June 6, as that the economy returns to growth.
In the US, investors await Amazon’s quarterly results after the closing bell, as they prepare for the Fed’s interest rate decision tomorrow. The Fed is expected to keep interest rates stable, but market players fear that US Central Bank Chairman Jerome Powell’s post-meeting comments will be more hawkish following the recent wave of higher-than-expected inflation data.