AdvertisementThe Ibovespa Futures are trading higher on Monday (22), with investors paying attention to new statements from the Central Bank president, Roberto Campos Neto, while President Lula and the Finance Minister, Fernando Haddad, participate in the launch ceremony of the Acredita Program, which aims to increase credit availability in the country.
In the political arena, the Lula government seeks to expand negotiations with Congress to prevent a R$ 70 billion “time bomb” project from advancing.
According to Estadão, the PT administration plans to act on several fronts to prevent the approval of projects amid the crisis in the relationship with Congress.
The Ministry of Finance expects to raise R$ 6 billion from the distribution of Petrobras’ extraordinary dividends withheld in March. The amount could double – reaching R$ 12 billion – if dividends are paid in full.
The decision will be formalized at the company’s assembly meeting next Thursday, the 25th.At 9:15 am, the May futures index was down 0.10% at 126,680 points.
On Wall Street, futures indices are trading higher, with a focus on the PCE inflation index data, the Federal Reserve’s favorite, on Friday.
This morning, Dow Jones Futures were up 0.61%, S&P500 was up 0.58%, and Nasdaq Futures were up 0.59%.Ibovespa, dollar, and external marketThe dollar futures (DOLFUT) were up 0.13%, reaching 5,217 points.In the interest rate market, futures contracts are trading lower.
DIF26 rose 0.02 pp to 10.54%; DIF27, +0.02 pp to 10.82%; DIF28, +0.03 pp to 11.08; DIF31, +0.05pp to 11.48%.Oil prices are trading lower as US oil production increases and concerns about interest rate cuts emerge.
Iron ore prices in China closed in the red, pressured by diminishing hopes of more Chinese stimuli, high port inventories, and the risks of possible government intervention after a price hike last week.
Asian markets closed mixed, with some recovering amid relief in tensions in the Middle East.
However, Chinese markets fell after the local central bank once again left its key interest rates unchanged.In mainland China, markets stayed in the red after the country’s central bank, the PBoC, left its main interest rates untouched for the second consecutive month, even though Chinese GDP grew much more than expected in the first quarter.
European markets are trading without a clear direction, following a week marked by uncertainties due to ongoing tensions in the Middle East and a reassessment of interest rate expectations.