The Ibovespa, Brazil’s primary stock market index, concluded its day on a high note, gaining 2,000 points to reach 128,800, thanks to a notable push from Vale. In contrast to the static state of major New York indices, the Ibovespa experienced a robust increase of 1.63%, settling at 128,857 points. This surge turned April’s market […]
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Economic Indicators to Watch in the Final Week of the Year
During the final week of the year, Brazil will release key economic data, including IPCA-15 and CAGED, amidst a global focus on economic indicators. The IPCA-15, previewing Brazil’s official inflation, actively tracks price changes for goods and services, providing early insights into inflation trends. Markets predict a 0.29% monthly increase for IPCA-15, while Bradesco forecasts […]
