At 12:31 pm (Brasília time), this Thursday (18th), the Ibovespa on the Brazilian Stock Exchange (B3) recorded losses of 0.34% and was quoted at 116,147 points. The indicator went to the positive side in this session influenced by the technical movements of profit realization after a jump of more than 2% the day before with the decision of the Monetary Policy Committee (Copom) of the Central Bank (BC) of Brazil to increase the Selic to 2.75% per year, in order to contain inflation amid the coronavirus. In addition, the market assimilates the information that the General Price-Market Index (IGP-M) reached 2.98% in the second preview of March, accumulating an increase of 31.15% in twelve months, according to the Getúlio Vargas Foundation ( FGV). The recent growth of cases and deaths caused by the coronavirus in Brazil and in the world also has repercussions on the day, as countries have again imposed more rigid social distance measures, increasing economic uncertainties. In the United States, investors fear rising inflation with the appreciation of the country's Treasury bills and the Federal Reserve's Federal Open Market Committee (FOMC) decision to maintain the rate basic interest rate between 0% and 0.25%.
This text was translated by machine from Brazilian Portuguese.