Focusing on NY and US inflation, Ibovespa fell 0.69% to 116,100 points.

In the opinion of Lael Brainard, a member of the Federal Reserve (Fed, US Federal Reserve) who always listens to the new reading and market on consumer inflation in the United States, Ibovespa withdrew moderate profits. In the morning and afternoon, it first settled near the stability line, then pushed to the negative level, while the frightening developments in New York also turned into losses, with a good recovery for the oil in a day, after about 4% on Monday to Brent and WTI.

This Tuesday, both US and global benchmarks returned to three digits, with WTI US $ 100 and Brent US $ 104 gaining 6% (ON + 0.11%, PN -0.29%) without following shares of Petropras in the afternoon. The day was moderate for the steel sector (CSN ON + 0.86%, Usiminas PNA + 0.62%), but for Vail (ON -0.67%) and large banks (Itaú PN – 1.77%, Santander Unit -1.32). %).

In the end, the B3 index fell 0.69% to 116,146.86 points, the third consecutive retreat in the afternoon, at the beginning of the session, which was much closer to the high (118,615.38) and lower (116,054.40), from which he left the opening at 116,963.38 points. This is the lowest level since March 18 (115,310.91). Even weaker, before the options on Ibovespa expire, the financial revenue is R $ 24.7 billion. During the week, IboVespa gained 1.84% and 3.21% month-on-year, bringing its annual profit to 10.80%.

At the peak of Ibovespa, Cogna (+ 4.49%) stands apart from Cielo (+ 4.03%), Ultrapar (+ 3.21%) and Assaí (+ 2.81%). On the opposite side, Banco Inter (-8.54%), Méliuz (-5.00%), Marfrig (-4.73%) and Yduqs (-3.63%).

Inflation in the United States this time around has caught the attention of investors. “The US main CBI was lower than expected, only 6.5% per annum ‘, the highest since August 1982, and may provide some relief to markets that were preparing for a worsening situation. While this reading will prevent the central bank’s aggressive action in the short term, there are some reasons to believe that the CPI will fall enough to prevent the central bank’s aggressive action later this year.

Inflation is still high in the United States, and the effect this will have on the behavior of the central bank in the coming months, coupled with the uncertainty surrounding the extension of the Celtic high cycle, which began much earlier. Other economies, until recently, seemed to be nearing completion – in the context of strong inflation in economies such as the United States, China and Europe, a consensus has recently emerged under the pressure of commodities.

“Inflation will take care of itself if geopolitical risks increase. There should be more expectations that the central bank should not aggressively tighten monetary policy and send the US economy into recession, “said Edward Moya, a market analyst at Onda in New York.

Here, “Friday’s IPCA came in higher than expected and the reaction of BC President Campos Neto was natural, surprised by inflation and his opinion was harsh, he did well. But I do not think Celik has crossed 12.75%, ”says Daniel Miraclea, chief economist at the consortium. “The fall in gas, electricity and petrol will have a significant impact on inflation in April and May.

“Long-term interest rates in the United States continue to rise rapidly, and the market has yet to find a nominal break-even rate for Fed funds, which may be higher than currently expected. There should be relief in commodity prices, on the demand side, which has already fallen in China and will reach the United States in the second half of the year, which should bring the prices of tasty goods to the middle class, ”concludes Miracle.

This Tuesday, the central bank’s Lael Brainard said inflation in the US was “very high” but the Consumer Price Index (CPI) for March was released this morning, showing a recession. Significant “at its core – it cleanses the index of perceived commodities such as food and energy. In a virtual interview at the Wall Street Journal jobs summit, a central bank board member declined to comment, although he will defend himself by 50 basis points at the May monetary policy meeting. But he noted that the US Federal Reserve will carry out systematic tightening of interest rates “with continuous rises”.

In Brazil, the volume of services fell 0.2% in February, up 7.4% from February 2021, according to data released by IBGE. “These results are surprising due to the unusual difference in movement indicators and service sector studies – both of which point to marginal growth,” Terra Investmentos noted in a note.

“In one week, with a small number of economic indicators, even due to the holidays, we were at the mercy of the international market, with some harsh talk from members of the US Federal Reserve in recent days and fears of uncertainty, yet, about the conflict in Eastern Europe better than expected. The dollar, in particular, depreciated 0.29% to R $ 4.6767 in the long run. Expert.