The financial market had a day of respite this Tuesday (14), after the announcement of inflation to producers in the United States. The dollar fell to its second lowest value of the year. The stock market rose slightly.
The commercial dollar ended this Tuesday sold at R$6.046, a drop of R$0.052 (-0.85%). The price opened close to stability, but began to fall after inflation for the North American producer was below expectations. The currency closed close to the day’s lows.
With this Tuesday’s performance, the dollar accumulates a drop of 2.14% in 2025. The currency is at its lowest value since the 9th.
The stock market had a more volatile day. The Ibovespa index, from B3, closed at 119,299 points, up 0.25%. The indicator alternated rises and falls throughout the session, until it reached a high near the end of trading, driven by mining companies and banks.
With Congress in recess and no relevant news for the Brazilian economy, the market followed abroad. Producer inflation in the United States was 0.2% in December, below market expectations.
Lower-than-expected inflation increases the chances that the Federal Reserve (Fed, North American Central Bank) will cut basic interest rates in the United States later this semester. Last week, the announcement that the largest economy on the planet had created more jobs than expected had reduced the chances of cuts in the first half of the year. Interest rate drops in advanced economies encourage capital migration to emerging countries, such as Brazil.
*With information from Reuters