INSUBCONTINENT EXCLUSIVE:
notable push from Vale.In contrast to the static state of major New York indices, the Ibovespa experienced a robust increase of 1.63%,
volume, the anticipation surrounding upcoming March inflation data from both Brazil and the U.S
(Photo Internet reproduction)Following unexpectedly high payroll data, which suggests a warming U.S
economy, market predictions about U.S
interest rate cuts are now mixed.The CPI could provide clues on whether rate reductions will occur in June or at a subsequent meeting,
short term without showing significant buying or selling pressure.Despite this, the index approached a resistance area between 130,000 and
remained on Petrobras (PETR4), which fluctuated before closing up 1.39%.Speculation about leadership changes at Petrobras keeps investors
cautious, according to Sidney Lima from Ouro Preto Investimentos.As the market anticipates data and developments, the focus might remain on
major players like Vale.Market Updates:Ibovespa Closed Up: 1.63% at 128,857.16 pointsHigh: 129,178.14Low: 126,796.42Change: +2,053.33
pointsVolume: R$19.50 billionWeekly, Monthly, and Yearly Performance:Monday (8th): +1.63%Week: +1.63%April: +0.59%Q2 2024: +0.59%2024
Year-to-Date: -3.97%Currency and Global Market Updates:U.S
Dollar Against Real: Closed down by 0.67%Selling Price: R$5.031Buying Price: R$5.031Low: R$5.026High: R$5.075New York Indices: Ended the day
near stability as investors await CPI and PPI updates.
