Connect with us

Politics

The politician weighs Ibovespa, the best predictions for VIIA3 and other events of the day

Published

on

The politician weighs Ibovespa, the best predictions for VIIA3 and other events of the day

High global inflation and rising bets that the world will face an economic recession scenario continue to feed the financial market bears in the four corners of the world, monopolizing investor attention.

Even in a scenario marked by strong risk aversion, Wall Street’s major indexes took a breather from bleeding and saw a ray of hope in the weaker data on the US economy: the stock exchanges broke a series of three consecutive losses.

B3, however, still sees no reason to dream of better days – the news coming out of Brazil actually complicates matters further.

If the discussion about a more significant intervention in Petrobras (PETR4) has become softer, President Jair Bolsonaro again caused irritation this morning by publicly defending a 200 reais increase in Auxílio Brasil.

This and other public spending promises have been circulated in recent days, and while the Union has not released any other details, it is enough to allay the fears of a heavily indebted country without a financial balance.

Although Ibovespa has followed Wall Street’s rise this Friday (24), breathing has become shorter and risk aversion has intensified – inflation continues to show strength that could force our Central Bank to extend monetary tightening.

While the New York stock exchanges jumped about 3%, the main B3 index rose 0.60% to 98,672 points and fell 1.15% on the week. The spot dollar rose 0.44% to R$5.2527, gaining 2.11% over the past five sessions.

See everything that affected the markets this Fridayincluding corporate news highlights and Ibovespa’s best and worst performing stocks.

See also  Bolsonaro will deliver a political speech on September 7 at the Malafay Trio in Rio.

NEW EMPLOYEE, OLD PROBLEMS
Binance Announces Latam Gateway as New Payments Partner but Manages to Avoid Central Bank Rules? The world’s largest cryptocurrency exchange has its eye on Brazil, but monetary power will not bring a truce here.

BACK AND FORTH
Two-Way Street: See why Citi improved the retailer’s valuation but lowered its price target from VIIA3 to R$2.80.. Upside potential for the stock stands at 23%, according to the bank, which maintained its neutral rating on the company.

CAPTURE MONEY
CVC (CVCB3) Raises BRL 402.8 Million Through Share Offering, But Must Accept Big Discount.Price per paper in the transaction amounted to 7.70 reais, which is 13.3% lower compared to Thursday’s close (23).

VILLAGE EFFECT
PicPay reduces account revenue, but absolute returns remain high. In an email sent to clients, the platform said that as of June 23, portfolios have stopped paying 105% CDI.

AND THE STATISTICS ARE INCREASING
The wave of layoffs does not have time to end: fintech Hash conducts another staff reduction. This is the third mass shutdown in three months for the startup, which has yet to reveal how many employees have been affected.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics

The dollar continues to reflect the political scenario

Published

on

The dollar continues to reflect the political scenario

Yesterday, financial agents evaluated the opposite decision of the Federal Supreme Court (STF) regarding the so-called secret budget. In addition, a decision was made by STF Minister Gilmar Méndez to issue an injunction that would exclude the Bolsa Família from the spending cap rule, with investors trying to understand how this measure would affect the processing of the transitional PEC in the Chamber of Deputies. Oh this PEC!!!!

Since he is an exchange investor, any reading that the budget will be exceeded or become more flexible will negatively affect the exchange market, whether through the PEC or in any other way. We will continue with volatility today.

Looking beyond, the US Central Bank (Fed), although slowing down the pace of monetary tightening at its December meeting, issued a tougher-than-expected statement warning that its fight against inflation was not yet over, raising fears that rising US interest rates will push the world’s largest economy into recession.

The currency market continues to react to political news. The voting on the PEC is saved for today. It is expected that it will indeed be reviewed to open the way tomorrow for discussions on the 2023 budget.

Yesterday, the spot price closed the selling day at R$5.3103.

For today on the calendar we will have an index of consumer confidence in the eurozone. Good luck and good luck in business!!

See also  Grant Shapps says it is safe to return to work in offices in England | Grant Shapps
Continue Reading

Politics

Andrés Sánchez consults with the Ministry of Sports, but refuses a political post.

Published

on

Goal.com

The former president of the Corinthians dreams of working for the CBF as a national team coordinator. He was consulted shortly after Lula’s election.

Former Corinthians president Andrés Sánchez was advised to take a position in the Ministry of Sports under the administration of Lula (PT). However, he ruled out a return to politics. dreams of taking over the coordination of CBF selectionHow do you know PURPOSE.

No formal invitation was made to the former Corinthian representative, only a consultation on a portfolio opportunity with the new federal government, which will be sworn in on January 1, 2023.

Andrés was the Federal MP for São Paulo from 2015 to 2019. At that time he was elected by the Workers’ Party. However, the football manager begs to stay in the sport, ruling out the possibility of getting involved in politics again.

Andrés Sanchez’s desire is to fill the position of CBF tackle coordinator, which should become vacant after the 2022 World Cup. Juninho Paulista fulfills this function in Brazil’s top football institution.

The former president of Corinthians was in Qatar to follow the World Cup along with other figures in Brazilian football. During his time in the country, he strengthened his ties with the top leadership of the CBF.

See also  what is the origin of the Bolsonaro government's nickname?
Continue Reading

Politics

The EU has reached a political agreement on limiting gas prices – 19.12.2022

Published

on

Germany sentenced Russian to life imprisonment for political murder by order of Moscow - 12/15/2021
BRUSSELS, DECEMBER 19 (ANSA). European Union countries reached a political agreement on Monday (19) to impose a natural gas price ceiling of 180 euros per megawatt hour (MWh). The main sources of income for Russia and the minimization of the use of energy as a weapon by the regime of Vladimir Putin.

The agreement was approved by a supermajority at a ministerial meeting of member states in Brussels, Belgium, after months of discussions about the best way to contain the rise in natural gas prices in the bloc caused by Russia’s invasion of Ukraine. .

The value set by the countries is well below the proposal made by the European Commission, the EU’s executive body, in November: 275 EUR/MWh. However, the countries leading the cap campaign were in favor of an even lower limit, around 100 EUR/MWh.

Germany, always wary of price controls, voted in favor of 180 euros, while Austria and the Netherlands, also skeptical of the cap, abstained. Hungary, the most pro-Russian country in the EU, voted against.

The instrument will enter into force on 15 February, but only if natural gas prices on the Amsterdam Stock Exchange exceed 180 euros/MWh for three consecutive days. In addition, the difference compared to a number of global benchmarks should be more than 35 euros.

Italy, the EU’s biggest supporter of the ceiling, has claimed responsibility for the measure. “This is a victory for Italy, which believed and worked for us to reach this agreement,” Environment and Energy Minister Gilberto Picetto tweeted.

“This is a victory for Italian and European citizens who demand energy security,” he added.

See also  Jeronimo leaves and Raimundo, the new general secretary of the PCP, enters.

Currently, the gas price in Amsterdam is around 110 EUR/MWh, which is already a reflection of the agreement in Brussels – in August the figure even broke the barrier of 340 EUR/MWh.

However, Russia has already threatened to stop exports to countries that adhere to the ceiling. (ANSA).

See more news, photos and videos at www.ansabrasil.com.br.

Continue Reading

Trending