Today’s market closely follows the Central Bank’s inflation report, IBGE’s joblessness data for February, and IRB Brasil’s (IRBR3) earnings. The stock market rose yesterday, gaining 0.65% to close at 127,690.62 points. Meanwhile, the U.S. dollar fell slightly to R$4.9793 against the Brazilian real, a 0.07% decline. Before the markets opened on Wednesday, Fábio Perina from […]
Related Posts
BRICS nations boost Brazilian agribusiness with US$56 billion in purchases; China leads
The coalition formed by Brazil, India, China, Russia, and South Africa, established in 2009, promotes mutual assistance and economic collaboration. In 2022, other BRICS nations purchased Brazilian agribusiness goods worth US$56 billion. This amount equates to 35% of the sector’s total export revenue for that year. Of this, China alone accounted for US$50 billion, marking […]
China’s economic tremors: billions are being pulled and global markets are bracing for the impact
Growing unease concerning China’s economic future has led to investors rapidly withdrawing their stakes from Chinese stocks, marking one of the most significant capital outflows since the challenges the nation faced under its zero-COVID policy in 2022. Over the first half of August, almost US$3.7 billion was retracted, following a more significant setback in October […]