INSUBCONTINENT EXCLUSIVE:
0.71% and the first quarter being down by 4.53%.The US dollar also climbed, reaching R$5.01, a 0.74% increase
Futures interest rates ended the day higher.Investors stayed cautious before the US released its PCE index, a key inflation measure
1.9%.It expects inflation to settle at 3.5% this year and 3.2% next year
Central Bank President Roberto Campos Neto sees these trends as evidence of effective monetary policy.The US economy outperformed
expectations, growing 3.4% in Q4 2023, beating the 3.2% forecast
This news had a mild effect on the market, with indices showing little change.In Brazil, heavyweight stocks like Vale, Petrobras, and Ambev
made gains despite market challenges.Vale rose by 0.38%, Petrobras by 2.22%, helped by higher oil prices, but Eletrobras dropped by 0.41% on
auction day.Marfrig soared by 12.80% after strong quarter results, and BRF, its associate, went up by 3.42%
Casas Bahia and Ambev also enjoyed increases, signaling investor confidence.As the quarter closes, the focus turns to the US PCE data
dynamics, reflecting broader economic movements and investor sentiment as we step into the next quarter.Spot Dollar Rises Above R$5, Marking
Global GainsOn Thursday, the spot dollar soared, breaching the R$5 mark, a testament to its broad ascent across global financial arenas.This
currency climb to R$5.0156, a 0.70% uplift.Throughout March, this upward trajectory was maintained, culminating in an 0.88% increase,
surged by 0.55%, settling at R$5.0300, reflecting a keen market anticipation for the upcoming Ptax adjustments.
