INSUBCONTINENT EXCLUSIVE:
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
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 United States Federal Reserve, at the Washington Forum on the Canadian Economy, expected to impact both the Brazilian and
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 United States dollar saw an uptick against the Brazilian real, ending the day at R$5.1847.Meanwhile, the United
States 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
