Brazil

Tuesday, April 16th, promises to be a pivotal day in the financial markets with a lineup of significant economic disclosures.Starting at 8:15 AM, the Central Bank of Brazil will release the Focus Bulletin, initiating a day filled with crucial data releases.Following closely will be the February GDP Monitor by the Getulio Vargas Foundation’s Ibre, among other vital updates.Tuesday’s Morning Call: Key Economic Updates and Global Influences.

(Photo Internet reproduction)Key events for the day include:08:15 AM: Release of the Focus Bulletin by the Central Bank of Brazil.10:15 AM: February GDP Monitor from Ibre-FGV and March Industrial Production figures from the United States.2:15 PM: A speech by Jerome Powell, Chairman of the U.S.

Federal Reserve, at the Washington Forum on the Canadian Economy, expected to impact both the Brazilian and global markets significantly.On the preceding Monday, stock strategist Fábio Perina provided insights crucial for investors, highlighting a support level at 124,800 points on the stock index.He cautioned that dropping below this threshold could lead to further declines, with the next support levels at 120,000 and 111,600 points.The stock market had recently experienced a downturn, closing down by 0.43% at 125,405 points.Concurrently, the U.S.

dollar saw an uptick against the Brazilian real, ending the day at R$5.1847.Meanwhile, the U.S.

stock market felt the ripple effects of geopolitical tensions between Iran and Israel, contributing to a decline in major indexes.The New York stock exchanges ended the day down, with the Dow Jones Industrial Average decreasing by 0.65% to 37,735.11 points.The S-P 500 and Nasdaq also fell, dropping 1.20% to 5,061.82 points and 1.79% to 15,885.02 points, respectively.Concerns over escalating oil prices from the conflict influenced market sentiment, possibly prompting a more restrictive monetary policy from the Federal Reserve amid rising Treasury yields. 





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