On a day of nervousness in the domestic and foreign markets, the dollar rose sharply and once again broke a nominal record since the creation of the Real Plan. The stock market fell 1.5% and returned to below 126 thousand points.
The commercial dollar ended this Friday (6) sold at R$6.071, up R$0.06 (+1%). The price started the day low, falling to R$5.99 at around 10:45 am. However, the trend reversed after job creation in the United States surprised and exceeded forecasts.
The US currency ended the week with an increase of 1.02%. In 2024, the currency accumulates an increase of 25.1%.
The stock market also had a tense day. B3’s Ibovespa index closed at 125,946 points, down 1.5%. The indicator began to operate at a slight low in the early morning, but plummeted after the release of North American labor data.
In November, the United States created 227,000 jobs outside the agricultural sector. The result showed recovery compared to October, when only 36 thousand vacancies had been opened because of hurricanes Helene and Milton and because of a major strike at Boeing factories.
The strong performance put pressure on the dollar across the planet, reducing the chances that the Federal Reserve (Fed, North American Central Bank) will cut interest rates at the next meeting. Since September, the basic interest rates of the largest economy on the planet have had two reductions: one of 0.5 percentage points and another of 0.25 percentage points. Currently, the rate is in a range of 4.5% to 4.75% per year.
In Brazil, the market continued to be under pressure due to the processing of the proposals for the mandatory spending cut package sent by the government. The fear that Congress will dehydrate the measures, withdrawing the proposed changes to the Continuous Payment Benefit (BPC), was poorly received by investors.
*With information from Reuters
