At 12:32 pm (Brasília time), on Monday (08), the Ibovespa on the Brazilian Stock Exchange (B3) registered gains of 0.09% and was quoted at 120,350 points. Earlier, it reached 120,677 points. The first session of the week follows the upward movement of last Friday (5th), internal fiscal optimism and renewed hopes with signs of deceleration of the contagion of the coronavirus in the world with advances in vaccination. In addition, the market looks forward to the United States Congress' approval of the $ 1.9 trillion package to stimulate the country's economy. According to Treasury Secretary Janet Yellen, if the plan is approved soon, the country will return to full employment next year. The strong appreciation of Brent oil, which exceeded US$ 60 / barrel, also had repercussions. In relation to the Broad Consumer Price Index (IPCA) of Brazil in 2021, the Central Bank (BC) started to forecast an increase of 3.60%, against a forecast of 3.53% in the previous week, even so, it should still below the central target of 3.75% for the year.
This text was translated by machine from Brazilian Portuguese.