INSUBCONTINENT EXCLUSIVE:
The index closed up 1.26% at 120,021.52 points.This surge came after The Washington Post reported that President Donald Trump might moderate
The US dollar weakened against the Brazilian real, falling 1.11% to 6.11 reais.Despite this decline, the American currency remained above
He stated that a more moderate stance from Trump could give the Federal Reserve room to cut interest rates.This scenario particularly
impacts emerging markets, which are more sensitive to global economic shifts
Trump denied the report on his social media platform, Truth Social.Brazilian Stock Market Soars as Trump Considers Easing Tariff Plans
(Photo Internet reproduction)However, both the dollar and the Brazilian stock market responded positively to the initial news
OverviewThe report increased the year-end Selic rate forecast from 14.75% to 15%
This change came amid higher expectations for inflation in 2025 and 2026
Vale and Petrobras, which significantly influence the Ibovespa, saw their shares fall
Investors remain cautious yet optimistic about potential shifts in US trade policies
