The possibility of the United States going into recession made the financial market have a nervous day across the planet. The dollar rose and closed at its highest level since February. The stock market even opened higher, but lost steam in the middle of the session.
The commercial dollar closed this Tuesday (28) sold at R$ 5.266, up by R$ 0.032 (+0.6%). The price started the day low, falling to R$ 5.19 at the lowest of the day, around 11 am, but reversed the trend during the afternoon, as pessimism consolidated in the international and local markets.
The US currency is at its highest value since February 4, when it had been sold at R$5.32. In the last 16 trading sessions, the dollar rose in 13. The currency accumulates a high of 10.79% in June. In 2022, it drops 5.56%.
In the stock market, the day was also marked by nervousness. The B3 Ibovespa index closed at 100,591 points, down 0.17%. Despite the rise in shares of mining and oil companies, the indicator could not resist the fall in US stock markets.
Earlier in the day, the financial market was buoyed by the easing in the lockdown against covid-19 in China. However, the announcement that US consumer confidence has fallen to the lowest level since February 2021 has brought pessimism to investors, reinforcing expectations that the United States may enter a recession.
In Brazil, investors are following the negotiations to raise the value of Auxílio Brasil to R$ 600. The fear of the measure’s impact on public accounts affected the negotiations.
*with information from Reuters
