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Ibovespa Shares Down 0.4% Amid Alarming Domestic Political Scenario; dollar rises and falls to 5.07 reais

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Ibovespa, the main stock index of the Brazilian stock exchange B3, fell on Monday (5).

Around 13:00, the loss was 0.37%, amounting to 127,152 points.

The dollar rose in value 0.53%quoted on R $ 5,079

Find out about the factors influencing the markets today:

international markets

Asia (closed)

Nikkei 225 (Japanese): 0.64% ↓

Shanghai Composite (Chi): 0.44% ↑
Europe (locked)

DAX 30 (El): 0.07% ↑
FTSE 100 (Ing): 0.58% ↑

CAC 40 (Fra): 0.22% ↑

us USA, futures indices are mixed 0.10% negative e 0.16% positive

Holiday

US Independence Day fell on Sunday 4th, but the day off will be Monday 5th, so the US stock exchanges will not work today.

Focus Bulletin

On Monday morning, the 5th, the Central Bank (BC) released a Focus Bulletin, prepared in consultation with economists from more than 100 financial institutions, which brings together financial market forecasts for the end of 2021.

According to the report, the market median indicates that the Broad Consumer Price Index (IPCA), which is considered the country’s official inflation, rose from the 5.97% reported last week to 6.07%. – again above the target of 3.75% with a tolerance range that can range from 2.25% to 5.25%.

Selic rate was kept at 6.50%.

According to the material, the estimate of gross domestic product (GDP) for 2021 increased from 5.05% to 5.18%.

The dollar was revised from 5.10 reais to 5.04 reais.

political tension

The report on the UOL portal contains records of President Jair Bolsonaro, who was directly involved in the hacking scheme during his time as a federal deputy.

See also  The STF assesses the secret budget as "political activity," Prime Minister Bolsonaro said in the Chamber

In addition, Covid’s CPI will resume work tomorrow (6). The Senators listen to Regina Celia, a paramedic who, according to a complaint by brothers Luis Ricardo and Luis Miranda, has signed a contract to purchase vaccines for the Covaxin Indians.

She would have been appointed by Ricardo Barros (PP-PR), head of government in the House who was implicated by the Miranda brothers in irregular negotiations to buy vaccines for the Covaxin Indians.

Tegma

Tegma said it has hired a legal advisor and will select a bank to help the company evaluate the acquisition proposal submitted by JSL (SA: JSLG3).

Rappi and Visa

Delivery app Rappi is launching credit cards for its users in Brazil in partnership with Visa (NYSE: V) (SA: VISA34) to expand its portfolio of financial products.

Loft and CredPago

Apartment start-up Loft has announced a merger with CredPago, a leader in unwarranted rentals.

Bench BMG

Banco BMG announced the acquisition of stakes in Araújo Fontes Consultoria e Negócios Imobiliários and AF Invest Administração de Recursos for approximately R $ 150 million with the aim of expanding the offer of products and services in the wholesale segment and starting the field of resource management.

Grendene

With the creation of 3G Radar Gestão de Recursos, Grendene has closed a joint venture abroad with the aim of distributing and marketing Grendene’s products in selected international markets.

OPEP

The Organization of the Petroleum Exporting Countries (OPEC) and the countries that are allies of the cartel (OPEC +) will resume their meeting this Monday (5).

The extension of the meeting is due to the fact that the United Arab Emirates opposes the OPEC + proposal to increase oil supplies and refuse to extend the production cuts until the end of 2022, according to information in the international press.

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COVID-19

Brazil has 524,417 deaths per covid-19.

In the 24 hours before 17:00 yesterday (4), 830 deaths and 27,783 new cases were recorded. In total, 18,769,808 cases have already been confirmed in the country.

So far, 143.2 million doses of covid-19 vaccine have been distributed across states and municipalities. Of this total, 104.9 million doses were administered, 77.5 million for the first dose and 27.4 million for the second.

With information from Brazilian agency e Investing.com

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Politics

The dollar continues to reflect the political scenario

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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!!

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

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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.

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

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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.

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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.

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