At 12:34 pm (Brasília time), this Thursday (11), the Ibovespa on the Brazilian Stock Exchange (B3) registered gains of 1.15% and was quoted at 119,793 points. The session is marked by the influence of technical adjustments in positions after three consecutive days of losses, a jump of 6.62% in Embraer's shares and news that the Chamber of Deputies has approved the formal statement to the Central Bank (BC). However, the market still fears the consequences of the Brazilian economy with the extension of emergency aid to the coronavirus pandemic and awaits tax reviews so that the ceiling on public spending is respected. In the external scenario, there is assimilation of mixed economic data, as they show signs of economic recovery, but still slowly with the continuous dissemination of the coronavirus. Federal Reserve (FED) President Jerome Powell said yesterday (10) that the central bank's monetary policy will remain accommodative "for a considerable time and that the job picture is far from where it needs to be."
This text was translated by machine from Brazilian Portuguese.