Even with the outcome a given, global optimism revolves around the Federal Reserve meeting
Summary
Global markets are paying attention to the decision of the Federal Reserve (Fed), which is expected to cut interest rates by 0.25 percentage points on Wednesday (29). Another highlight is the expected meeting between US President Donald Trump and Chinese leader Xi Jinping this Thursday (30).
The Ibovespa broke records again this Tuesday (28th), up 0.31%, with 147,428 points, the highest closing level in history. The move followed global optimism with the possible reduction in interest rates in the United States. The dollar followed the opposite direction and closed with a slight decline of 0.20%, quoted at R$5.36, the lowest value in 20 days.
Among the most traded stocks on Ibovespa, Petrobras remained stable despite the decline in oil prices, while Vale gained 0.88%, driven by the rise in iron ore and expectations on the quarterly balance sheet. In the financial sector, Banco do Brasil and Bradesco rose slightly and were the biggest increases of the day MBRF (+15.6%) and Cogna (+3.7%), while Auren (-6.12%) recorded the greatest loss.
Outside everything revolves around the USA
Global markets are paying attention to the decision of the Federal Reserve (Fed), the American central bank, which is expected to cut interest rates by 0.25 percentage points this Wednesday (29). The announcement is expected at 3pm, followed by a speech from Fed Chair Jerome Powell, which could signal another cut in December.
Another highlight is the expected meeting between US President Donald Trump and Chinese leader Xi Jinping this Thursday (30). The market is betting on a deal to reduce tariffs and curb fentanyl exports. Nvidia shares rise more than 3% in premarket after Trump mentions Blackwell chip in negotiations.
The Tokyo Stock Exchange breaks the record
In Asiastock markets closed on the rise, with particular attention to Japan, which broke a record after a rise of 2.37% and China (+1.9%), encouraged by Trump’s trip. In Europe the climate is cautious, but with a slight positive bias, with investors keeping an eye on the balance sheets of giants Meta, Microsoft and Alphabet.
In the commodities sector, oil continues to rise slightly, with Brent at $64.73 and WTI at $60.41. Iron ore rose nearly 2% in China, trading at $113.31 a ton
In Brazil, Finance Minister Fernando Haddad said the income tax exemption project is close to fiscal breakeven, which also encouraged the market. The House has approved the free return of baggage up to 23 kg on flights, while on Wednesday the Senate will vote on the deputy for the electricity sector.
In the corporate sector, Nubank overtook Petrobras to become the country’s most valuable company, with a record market value of $76.9 billion. Prio announced a capital increase of R$2 billion, while Petrobras said it will maintain investments in refining in its 2026-2030 strategic plan.
Read the complete analysis on Market Monitor by clicking here!
Source: Terra
Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.
