The worsening in the international market throughout the afternoon weighed again and made the dollar end the day with appreciation, after a significant drop in the morning. The stock market, which had been registering strong gains, lost strength towards the end of the session, but managed to maintain the high.
The commercial dollar ended this Monday (18) sold at R$5.426, up by R$0.021 (+0.39%). The price started the day low and even dropped to R$ 5.35 shortly before 12:00, but reversed the movement with the increase in pessimism in the United States.
The US currency accumulates a high of 3.65% in July. In 2022, the currency drops 2.74%.
In the stock market, the mood was similar, with the stock market not being able to keep the breath of the beginning of the day. The B3 Ibovespa index closed at 96,916 points, up 0.38%. At the end of the morning, the indicator even registered a high of 1.8%, but retreated influenced by the North American stock exchanges.
In the morning, relief prevailed in the international market with the reinforcement of bets that the Federal Reserve (Fed, US Central Bank) will raise interest rates by 0.75 percentage point at the end of the month. Last week, the hypothesis of a 1-point rise had gained strength, but statements by Fed officials softened expectations.
News of the granting of real estate stimulus in the Chinese market had also encouraged investors, with the price of commodities (primary goods with international quotation) rising. However, shares of banks and technology companies began to fall in the United States, pushing stock markets down.
In Europe, the statement by Russian state-owned Gazprom that the gas pipeline between Russia and Germany may be closed longer than expected has brought pessimism to the global market. While several European governments are reducing Russian gas consumption, the move would exacerbate the energy crisis in Europe after the start of the Russian-Ukrainian war.
*With information from Reuters
