At 6:15 pm (Brasília time), this Wednesday (10th), the Ibovespa on the Brazilian Stock Exchange (B3) recorded losses of 0.87% and was rated at 118,435 points. The market was cautious about Brazil's fiscal scenario throughout the trading session. Maintaining emergency aid to the coronavirus pandemic for the next few months may affect the ceiling on public spending this year. The devaluation of more than 4% in the shares of BTG Pactual and Cogna Educação also had an impact on the day. In addition to the retail sales of Brazil that ended the year 2020 accumulating a growth of 1.2% compared to the previous year, the weakest rate of the last 4 years, according to data from the Brazilian Institute of Geography and Statistics (IBGE). In the United States, there is waiting for the opinion of the Federal Reserve President, Jerome Powell, on the rite of the economy and its future fiscal prospects with the vaccination of the coronavirus.
This text was translated by machine from Brazilian Portuguese.