At 6:15 pm (Brasília time), this Tuesday (16th), the Ibovespa on the Brazilian Stock Exchange (B3) was stable and was quoted at 114,018 points. The market awaits the second day of the Monetary Policy Committee (Copom) on Brazil's basic interest rate, the Selic, and the Federal Reserve (FED) for the United States. In addition to the 8.55% jump in Usiminas shares and internal health uncertainties, especially after the departure of yet another Minister of Health amid the recent growth in the spread of the coronavirus in Brazil. The General Price Index-10 (IGP-10) also increased by 7.47 percentage points in the year and 31.16 percentage points in 12 months, according to data from the Getúlio Vargas Foundation (FGV). In the US, retail sales also fell by 3% last month, compared to an increase of 7% previously and expectations of a slight drop of 0.5%.
This text was translated by machine from Brazilian Portuguese.