At 12:34 pm (Brasília time), this Thursday (01), the Ibovespa on the Brazilian Stock Exchange (B3) recorded losses of 0.75% and was quoted at 115,762 points. The market continued the devaluation of yesterday (31), remaining cautious about the arrival of the extended Easter holiday starting tomorrow (02). In addition, there are fears surrounding public spending with the approval of the 2021 Budget and ministerial changes amid the further worsening of the coronavirus pandemic in Brazil. Brazilian industrial production also fell 0.9% in February, in comparison with January, interrupting a sequence of 9 consecutive increases, according to data from the Brazilian Institute of Geography and Statistics (IBGE). On the international scene, on the other hand, investors were encouraged by the plan by the president of the United States, Joe Biden, of $ 2.3 trillion to rebuild the country's infrastructure. Despite fears about increasing taxes to offset spending on this medium and the aid package for the population in tackling the pandemic. Attention also to the recent growth of cases, hospitalizations and deaths caused by the coronavirus in European countries. The President of France, Emmanuel Macron, announced the day before that the country will enter lockdown from the 3rd of April.
This text was translated by machine from Brazilian Portuguese.