Politics

External caution and political scenario may motivate risk aversion

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This morning, oil futures are trading in the red.

The market opens on Tuesday with attention to Brazil’s IPCA-15, the inflation indicator, and the Conference Board consumer confidence index in the US. Following corporate balance sheets, data from Coca-Cola, Microsoft, Telefônica Brasil and Alphabet are out today.

Here, markets could replicate fears overseas, exacerbating election-related uncertainty and could encourage investors to take a more risk-averse stance. In addition, markets are waiting for Copom’s decision on monetary policy, which will be published tomorrow, Wednesday, at the end of the day.

Outside, oil futures are trading in the red this morning after falling yesterday after showing signs of declining demand for raw materials in China. In New York, stock index futures are also falling, as investors wait for the publication of corporate balance sheets of companies listed on US stock exchanges. In Europe, the scenario is also negative for major exchanges, but the DXY index, which links the dollar to six major currencies, is performing well. Finally, stocks in Asia also closed on Tuesday.

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Travelex

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