At 12:31 pm (Brasília time), this Tuesday (20th), the Ibovespa on the Brazilian Stock Exchange (B3) registered a devaluation of 0.60% and was quoted at 120,209 points. The indicator was operating in decline with the influence of technical profit-making movements after renewing its highs the day before. In addition to market uncertainties facing the political and economic scenario amid the recent worsening of the coronavirus pandemic. Yesterday (19), the National Congress approved the bill that authorizes the government to grant extraordinary credit to cover measures to combat the pandemic, without indicating where the money will come from to cover expenses. Budgetary discussions and installation of the COVID-19 Parliamentary Commission of Inquiry (CPI) are also on the radar. The market also remains cautious with the arrival of the Tiradentes Day holiday tomorrow, Wednesday, (20). Internationally, there is concern about the continued spread of COVID-19, especially with the daily record of cases of infection in India and vaccination against the disease, which is still slow in European countries.
This text was translated by machine from Brazilian Portuguese.