Ibovespa has opened a downtrend, as investors eye US miners and exchanges

The Ibovespa index opened 0.19% lower, to 104,641 points, at the beginning of Wednesday’s trading (29), after it had already recorded its lowest level yesterday, affected by the performance of mining and steel companies, which recorded a sharp decline due to the decline and price of crude, and by American stock exchanges, which There was a break in the so-called “New Year’s Walk”.

Crude declined today again, as commodity trading was closed in the Chinese port of Qingdao, and it fell by 0.95%, to 118.30 US dollars, and in the port of Dalian, it fell by 1.92%, to 104, 10 US dollars. OK (VALE3), Usiminas (USIM5) and CSN Mineração (CMIN3) again weighs slightly in the index, declining 0.39%, 0.23% and 1.38%, respectively.

However, US futures are operating near stability, with an upward trend. At 10:10 am, Dow Jones futures are down 0.01%, S&P 500 futures are up 0.02%, and Nasdaq futures are up 0.07%. In part, investors are still watching for new news about covid-19: While the number of cases is advancing, studies continue to say that the Ômicron variant is less aggressive than the others.

In an interview with the BBC, Oxford professor of medicine, John Bell, said a newer alternative was a “completely different disease”, in which patients spend less time in hospital and do not need to receive oxygen.

Indices around the world track the performance of US stock exchanges

The FTSE, the main index of the United Kingdom, which last Friday saw the number of confirmed infections in one day, rose 0.82%, after the country’s stock market remained closed for two days.

In the rest of Europe, which rose in the previous days, the trend is bearish. Germany’s DAX fell 0.42%. The French CAC 40 index fell 0.13 percent. The STOXX 600 index, from across the continent, is running flat, advancing just 0.02%.

In Asia, the trading session was also low. Japan’s Nikkei index fell 0.56%. China’s Shanghai Index fell 0.91%. Hong Kong’s HSI was down 0.83%. South Korea’s Kospi fell 0.89%.

Here, pay attention to the 10:30 a.m. federal staff meeting, which should deliberate on mobilizing the class for readjustment. Revenue inspectors have already implemented a standard process (workflow reduction) and more than 700 delegates have filled leadership positions.

Investors are also reflecting on the disclosure of the IGP-M, which increased 0.87% in December, up from the 0.73% expected.

The yield curve rises as a block at 10 am, with the DI contract due in February 2023 rising 47 basis points, and in February 2025 it rose 76 basis points, for the same month in 2027, 76 basis points, and for 2029, 47 basis points.

The commercial dollar, in turn, rose by 0.10%, as it was traded at 5.645 Brazilian reais when buying and 5.646 Brazilian riyals for selling. The future rises 0.27% to R$5.643.

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