The year started with pessimism in the financial market. Pressured by domestic and external factors, the dollar had its biggest daily high in two months. The stock market fell, despite the rise in international markets.
The commercial dollar ended Monday (3) at R$5.663, up R$0.087 (+1.56%). In percentage terms, this was the biggest appreciation for one day since October 21, when the price had risen 1.9%, amid the announcement of the Proposal for Amendment to the Constitution (PEC) of the Precatório.
The pessimism was also reflected in the stock market. The B3 Ibovespa index ended the day at 103,922 points, down 0.86%. The indicator came to operate on a high during the morning, but did not firm the trend, against the North American stock exchanges, which rose this Monday.
Abroad, the dollar had a global high day, with the perspective of an increase in interest rates in the United States. At the most recent meeting, the Federal Reserve (Fed, US Central Bank) informed that it intends to increase basic interest rates in the largest economy on the planet at least three times in 2022. Higher rates encourage the flight of resources from emerging countries, such as the Brazil.
In the domestic market, expectations with the increase in public spending continued to influence negotiations. The enactment of the law that extends until the end of 2023 the exemption from payroll for various sectors of the economy without specifying the source of revenue (or cost cut) for these measures was poorly received by investors, as was the threat of strike. different categories of public service that are pressing for wage increases.
*With information from Reuters
