THE Ibovespa (IBOV) fell into the opening this Wednesday (25), following the risk aversion in the United States, on the day of the release of the FOMC minutes. The document, which comes out at 3 pm, may provide details on the pace of monetary tightening in the country.
Analysts expect the document to defend the decision of the fed increase by 0.5 percentage point at the last meeting and signal a further increase of the same magnitude at the next meeting, according to the XP Investments.
Around 10:05 am, the main index of the Brazilian stock exchange retreated 0.45%, to 110,000 points – the day before there was a rise of 0.2%. S&P futures were down 0.35%, while the Stoxx 600 in Europe was up 0.22%.
The US also reported that durable goods orders rose 0.4% in April, below the forecast for a 0.7% rise.
In Europe, the preview of the Eurozone PMI in May registered 55.8 points, slightly above expectations, suggesting that local business growth remains resilient despite the recent slowdown.
In Brazil, the conclusion of the vote on PLP 18/22 in the Chamber is scheduled for today, which establishes a ceiling of 17% for ICMS on electricity and fuel.
Join our Telegram!
Join the Money Times group on Telegram. You access the news in real time and can still participate in discussions related to the main topics in Brazil and the world. Join our group on Telegram now!
Source: Moneytimes
I am an author at Global happenings and I mostly cover automobile news. In my time working in the automotive industry, I have developed a keen interest in the latest developments and trends. My writing skills have also allowed me to share my knowledge with others through articles and blog posts.
