December 9, 2021
IPCA-15, MP do Auxílio Brasil, Vacations in the US and many issues moving the market today

IPCA-15, MP do Auxílio Brasil, Vacations in the US and many issues moving the market today

(Credit: Getty Images)

SAO PAULO – Investors will focus on the release of the government’s official inflation forecast IPCA-15, which will be released at 9:00 a.m. I.

In addition, the focus continues on the vote on a temporary measure for Brazil’s assistance, the Chamber of Representatives, whose session is scheduled to begin at 9 p.m.

In the corporate sector, the highlight goes to Petrobras, which announced a 24% increase in total planned investments until 2026, which will add up to US $ 68 billion. The company describes the plan through a conference call at 10:30 p.m.

1. Global Scholarship

United States

Stock markets in the United States are closed this Thursday due to the Thanksgiving holiday. Yesterday, U.S. stocks rose moderately after members The Federal Reserve is ready to raise interest rates if inflation continues to rise, According to the minutes released from the last Form meeting.

Europe

In Europe, the Stoxx 600 Index is up 0.5%, a positive highlight for stocks in the technology sector and a negative for telecommunications.

On Wednesday, a new agreement was announced in Germany for a coalition government between the Social Democratic Party, the Greens and the Liberal Democrats. So former German Finance Minister Olaf Scholz is expected to become the country’s new president when Angela Merkel of the Christian Democratic Union resigns in early December.

Investors are constantly monitoring the Govt crisis in Europe, with an increase in new cases prompting countries to implement measures to curb movement. On Wednesday, Italy announced it would implement similar measures.

In Germany, the new coalition wants to wait to see if the drastic measures of the “govit passport” (the need to vaccinate to access certain places) will help reduce the number of new cases. On Wednesday, incumbent President Olaf Scholes announced that vaccinations were mandatory for key groups. See quotes:

  • FTSE 100 (UK), + 0.15%
  • Docs (Germany), + 0.4%
  • CAC 40 (France), + 0.29%
  • FTSE MIB (Italy), + 0.39%

Asia

Asian stock markets received mixed results on Thursday, with investors reacting to the Bank of Korea raising the interest rate to 0.25 percent. The move was already anticipated by analysts consulted by the international news agency Reuters on signs that the country’s economy is recovering.

On Wednesday, the Reserve Bank of New Zealand took a similar decision. The Federal Reserve is expected to raise interest rates in the United States, based on the minutes of the company’s November meeting released on Wednesday. Thus, the Bank of Korea movement may be in line with the expectations of the central bank. See quotes:

  • Nikkei (Japan), + 0.67% (closed)
  • Shanghai SE (China), -0.24% (closed)
  • Hong Cheng Index (Hong Kong), + 0.22% (closed)
  • Cosby (South Korea), -0.47% (closed)

Ingredients and Bitcoin

There are mixed results in oil prices. The Brent barrel is slightly higher and the WTI barrel is slightly lower. Iron ore traded higher on the Dalian Exchange. See quotes:

  • WTI oil, -0.33%, US $ 78.13 per barrel
  • Brent oil, -0.22%, $ 82.03 a barrel
  • Iron Ore (Dalian Stock Exchange Futures): + 1.83%, 611.5 Yuan = US $ 95.72 (USD / CNY = 6.39)
  • Bitcoin, + 1.21% to US $ 57,521,44

You also read: Bitcoin recovery rehearsal, game currency today triggers 80% and more secret lessons

2. Assistance in Brazil, court orders and sanitation

Under pressure from the government, Deputy Marcelo Arrow (Progressistas-MG), a spokesman for the Provisional Action Group (MP) that created the Brazilian aid, excluded from his report the possibility of adjusting the benefits of the government’s social program related to inflation each year. .

A referendum is set to take place this Thursday, the 25th, to determine the design of the new plan to mark the Polsaro government.

In a tense meeting with party leaders, Chamber President Arthur Lira (Progressives-AL) remained steadfast in his stance against the automatic revision of the Benefit, despite the arguments put forward by the reporter.

The reporter, however, withdrew from the opinion, but received support for retaining the other changes included in the report, of which the government should not put those who deserve the benefit in line. That is, the guarantee that those who qualify for the program will receive it.

MPs must vote in the Chamber and Senate by Dec. 7, which expires. He finishes off the Bolsa Familia and builds Axelio Brazil, which began to pay off this month. To add more families to the program, the sub expanded the criteria for families’ access to the individual program (per person).

The values ​​are defined in the government order, but the reporter decided to raise the reference values ​​in the report. The extreme poverty line will rise from R $ 100 to R $ 105 and the poverty line from R $ 200 to R $ 210.

Forecast

In addition, a vote on the PEC dos Precatório in the Senate Constitutional and Judicial Council (CCJ) is scheduled for November 30. The date was set following a request by Prime Minister Fernando Beserra Coelho (MDB-PE) for more time to discuss the proposal put forward on Tuesday. The proposal has already been passed by the House.

Among the changes is the definition of Axilio Brazil as the 400 Rice Permanent Community Plan, with more than R $ 100 billion to spend on the new Community Plan, which should be open to the Social Security proposal. Expenditure on education and health and constitutional minimums, other points.

Health

The Supreme Court (STF) this Thursday, 25, ruled in favor of actions that call into question the legal framework for sanitation, which has been in effect since July 2020. Analysis of the case began today, Wednesday, 24, when ministers heard arguments. Parties involved in the process.

On the one hand, the state cleaning companies and the opposition are against the current law, and on the other hand, the Federation of Federal Administrators and the Private Contributors of Brazilian Public Water and Sewerage Services (Abcon) are calling for their rejection. Actions.

On Thursday, the trial will resume with the disclosure of the Attorney General’s Office (PGR), which has already taken a position to maintain the structure during the trial of the case in court. After the support of the PGR, the ministers can begin the voting process.

3. Bolzano and STF

On Wednesday, President Jair Bolzano (no party) said he was “all right” to join the PL in Brasilia on November 30. He confirmed that different points had been reached regarding support for local candidates in Sao Paulo and the Northeast. The party that can run in the 2022 election does not yet have a president.

“On the 30th, at 10:30 am, I did not know if I could do it at that time, but in principle Tuesday, everything was fine. We attacked some states in the northeast, Sao Paulo. In the macro, everything was agreed with Voldemort (Costa Neto, the leader of the party). No problem. He is a man who respects his word, and for my part, we have everything we can to really help in Brazilian politics, “said Bolzano.

Strike on STF

Under pressure, Davey Alcolombre (DEM-AP), chairman of the Senate Constitution and Judiciary Committee, scheduled next week the trial of former Minister Andre Montonsa, who was appointed to the Federal Supreme Court by President Jair Bolsanaro. A specific date has not yet been entered.

4. Govt

On Wednesday (24), the moving average of coveted deaths in 7 days in Brazil was 217, down 6% from the previous level of 14 days, the Press Vehicles Federation reports at 20:00. 176 people died in a single day.

The moving average of new cases in seven days was 9,528, a decrease of 17% compared to the previous level of 14 days. In a single day alone, 4,686 cases were registered.

In Brazil the number of people receiving the first dose of the vaccine against covit reached 158,395,349, which equates to 74.25% of the population.

The second dose or single-dose vaccine was given to 130,351,450 people or 61.11% of the population. The booster dose was given to 15,038,871 people or 7.05% of the population.

5. Corporate Radar

Petroprose (PETR3;PETR3)

Petrobras will do Invest $ 68 billion between 2022 and 2026, of which 84% will go to research and production (E&P)., According to the company’s new strategic plan, was released yesterday (24). The new business plan is 23% higher than the previous one (2021-2025).

Due to the $ 60 billion target in the third quarter, the total amount of debt in the last strategic plan was excluded. The plan maintains an active portfolio management, with stakes of $ 15 billion to $ 25 billion.

In addition, Petrobras (PETR4; PETR3) approved a review of shareholder pay policy, which will be carried out on a quarterly basis.
The oil company has set a minimum annual wage of US $ 4 billion for fiscal years, with the average Brent price exceeding US $ 40 / bbl, which can be disbursed regardless of the size of the debt.

Gopal (CPLE6)

Copel revealed that the company’s indirect subsidiaries UEGA and Petrobras (PETR4) have signed an amendment to extend the contract for the unrestricted purchase and sale of natural gas for thermoelectric production.

The current term runs until December 31, 2022. The contract provides for the supply of 2,150,000 cubic meters of fuel per day without the need to withdraw.

CSN (CSNA3)

CSN (CSNA3) on Wednesday (24) signed an agreement to merge all the shares issued by Metalgrafica Iguaçu (MTIG4). The move would include borrowing R $ 80 million from a steelmaker and repaying shares.

Electroprocess (ELET3; ELET6)

Eletrobras (ELET3; ELET6) announced that Eletronorte has agreed to negotiate a CEA loan of R $ 306.1 million.

HAPVIDA (HAPV3)

The court of the Executive Committee on Economic Law (GATE) refused to approve the acquisition of Hapvida’s flame portfolio. The move was announced in December 2019 for R $ 57.5 million.

Plamed’s portfolio, concentrated in the Aracajú (SE) area, currently has about 26,000 health plan users. Hubvida, along with its advisers, will continue to evaluate alternatives for the next steps in light of the above decision and inform the market of any improvements in this regard.