INSUBCONTINENT EXCLUSIVE:
The Brazilian stock market experienced a notable upturn, driven by heavyweight companies
closing at 127,210.19 points.Meanwhile, the US dollar reached a new all-time high against the Brazilian real, ending the session at R$
Domestic investors remained risk-averse due to concerns about potential changes to the fiscal package during its passage through
Congress.The Focus Bulletin also revealed worsening projections for key economic indicators
Economists surveyed by the Central Bank raised their Selic rate estimate from 11.75% to 12% for this year.With the current benchmark
interest rate at 11.25% per annum, the weekly report projects a 0.75 percentage point increase at the next meeting
Chinese Monetary Policy Shift
The Chinese government also promised measures to stabilize stock and real estate markets.Petrobras (PETR4; PETR3) also closed with a gain of
over 2%, following the performance of oil prices
On the negative side, Cogna (COGN3), Petz (PETZ3), and Localiza (RENT3) were pressured by the rising yield curve.In the United States, Wall
Street indices retreated from record levels as technology stocks fell sharply
Investors await new US inflation data, with the Consumer Price Index (CPI) for November expected to show a slight increase in price
pressures.The S-P 500 fell 0.61% to 6,052.85 points, the Dow Jones dropped 0.54% to 44,401.93 points, and the Nasdaq declined 0.62% to
