North American currency was impacted by conflicts in the Middle East and the change in Brazil’s fiscal goals
Ibovespa, the main index of B3 (São Paulo Stock Exchange), closed at 125,124 points this Friday (April 19, 2024). It registered an increase of 0.75% in the last trading session. During the week, it fell 0.65%.
The commercial dollar closed at R$ 5.20, with a drop of 0.96% this Friday (April 19). During the week, it rose 1.52%. The result is because investors protect themselves from the impacts of conflicts in the Middle East. Israel may retaliate against the attack carried out by Iran over the weekend. Other Latin American currencies also fell.
In Brazil, fiscal risk is also on the radar, after the government set goals that worsen the trajectory of public accounts until 2028.
In the United States, the Dow Jones rose slightly by 0.01% in 7 days. The S&P 500 (-3.05%) and Nasdaq (-5.52%) ended the week falling.
BRAZIL RISK
Used to measure confidence in the economy, country risk registered 162 points this Friday (April 19). 1 year ago (April 19, 2023), it registered 217.
Read the trajectory of Brazil’s risk since 2018 in the graph below:
FOREIGN CAPITAL
Foreign investors withdrew R$7.8 billion from the Stock Exchange this month until Wednesday (April 17), the latest data available. For the year, the balance is negative at R$30.7 billion. When considering primary offerings (IPOs) and secondary offerings (follow-ons), the result is negative at R$29.4 billion.
Source: https://www.poder360.com.br/economia/dolar-sobe-152-na-semana-e-fecha-a-r-520-ibovespa-cai-065/
