INSUBCONTINENT EXCLUSIVE:
It maintained the 136,000 level and recorded a significant monthly advance of over 6%.Despite this, it ended the final trading day with a
slight decrement of 0.03%, closing at 136,004.01 points.The minor drop came after a week of positive fluctuations and record-setting
United States dollar, closing at R$5.6350, a 0.21% increase.This stability was largely facilitated by two strategic interventions from
Lula emphasized the need for a holistic approach to economic growth, one that complements inflation targets with tangible improvements in
3% target within the year, hinting at a possible cautious adjustment in the basic interest rates.Market speculations are oscillating between
a mild increase of 25 basis points or maintaining the current rate of 10.50% at the upcoming Monetary Policy Committee (Copom) meeting in
September.In the corporate sector, the performance was mixed
TrendsMajor companies like Petrobras and Vale mirrored this downtrend due to declining global prices for oil and iron ore.However, the
utility sector, perceived as more stable, saw significant gains, with companies like Engie and Taesa outperforming others.Economic data
levels.Employment figures were more encouraging, with the unemployment rate dropping to 6.8% for the three months ending in July
This is the lowest rate since 2012, indicating robust labor market conditions.Internationally, United States markets reacted to the latest
inflation figures, with the Personal Consumption Expenditures (PCE) index rising by 0.2% in July.This matched expectations but remained
Jones, and Nasdaq indices all posted gains in August, reflecting a cautiously optimistic outlook from global investors.This comprehensive
view into both domestic and international financial landscapes underscores the intricate dynamics at play.It highlights the importance of
economic indicators in shaping market perceptions and investment strategies across borders.
