O dollar opened the session this Friday (26) down 0.58%, worth R$ 5.0065. The day before, the currency recovered by R$5, driven by the impasse surrounding negotiations on the debt ceiling of U.Swhich can play the country in “default”.
The Economics team XP Investimentos revised the projections for the exchange rate. According to them, the end of the monetary tightening cycle of the Federal Reservethe dollar weakening trend, robust external accounts and the approval of the tax framework in the Chamber led to a downward revision of R$5 at the end of 2023.
O ibovespa futurein turn, started today’s trading session up 0.88%, quoted at 111,610 points.
The index follows the same path as the North American indicators. In New York, risk assets operate at a slight increase. At 8:50 am, futures of Dow Jones, S&P 500 It is nasdaq advanced 0.17%, 0.25%, 0.47%, respectively.
What else moves the day?
Markets are waiting for data from inflation of the United States, the PCE deflatorto guide expectations with the Fed after the strong data from the GDP the day before increase the likelihood of yet another FFR rise, say analysts at Guide.
Meanwhile, the US debt ceiling resolution is also on the way. US Treasury Secretary Janet Yellen has already said that if an increase in the ceiling does not occur, as of June 1, the country may have to default on some of its debts.
At the Brazilthe economic agenda remains at a standstill.
Source: Moneytimes
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