The stock market closes in the fall after Moro warns he may leave the government; dollar ends R $ 5.52 – Economy



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A São Paulo Stock Exchangethe B3, closed with a 1.26% drop, to 79,673.30 points this Thursday, 23, after Moro warns that he will leave the government if Bolsonaro changes the director general of the Federal Police. Also as a result of that announcement, the dollar The day ended with a 2.2% increase, to R $ 5.5287, after reaching R $ 5.53, a new nominal record (when inflation is not discounted) for the US currency.

Right after the news, the Ibovespa, the main stock market index of the Brazila thousand points fell, more than 2%, and returned to the level of 78 thousand points, around 2:30 pm. At the start of the day, the Stock Market was trading high and had a 1.5% gain, at most, before the announcement of a possible exit by Moro, rose to 81,887.56 points.

Asset growth was already anticipated. This Thursday, the dollar began to rise almost 1%, to R $ 5.42, and fell to R $ 5.40 only after a Central bank. Towards the end of the morning, it rose again and was above R $ 5.45. The appreciation movement continued in the afternoon and at 4 pm, the currency rose to R $ 5.49 – 17 minutes later, reaching R $ 5.50. The new maximum of R $ 5.53 was reached at 4:58 pm, minutes before closing the session.

In addition to the uncertainties surrounding the minister, the possibility of a reduction of 0.75 points in the Selic, the basic interest rate of the economy. Importantly, the drastic rate cut, now at 3.75 percentage points, keeps foreign investors out of the country as it directly interferes with yields.

It is worth remembering that the level of R $ 5.40 was reached for the first time last Wednesday, 22. In this scenario, the appreciation of the currency of United States it’s over 35% this year. The strong increase in values ​​also affects the euro, Currently quoted at R $ 5.93 – an appreciation that already exceeds 30% only in 2020.

Oil

A commodity benefited this Thursday, due to the increased tension between United States and Iran. Remember last Wednesday Americans have vowed to act if Iranians continue to threaten American ships on the high seas. A possible conflict between both countries would be beneficial, since it could drastically affect the production capacity of oil not middle East and reduce the number of barrels.

In response, the WTI for June, a benchmark in the US market, closed with a maximum of 19.73%, at US $ 16.50 per barrel. The Brent for the same month, which is a benchmark in the European market, had a gain of 4.71%, at US $ 21.33 per barrel. However, despite the positive results, WTI continues to drop more than 30% this week, while Brent fell more than 20%.

Foreign scholarships

Amid the still troubling oil results and uncertainties in the United States, the New York bags closed one-way this Thursday. The index Dow Jones ended with a 0.17% increase, to 23,515.26 points. Against the grain, the S&P 500 lost 0.05% to 2,797.80 points, while the Nasdaq had a marginal decrease of 0.01%, at 8,494.75 points.

Asian stock exchanges mostly closed higher. The only exception was the Chinese market, which was down 0.19%. The Japan leads growth, with a 1.52% advance in the index Nikkei in relation to the previous day’s close, followed by South Korea, with 0.98% in Kospiand Taiwan0.57%. Hong Kong It had a slightly more timid positive return of 0.35%. A China fell 0.19%. In Oceaniathe Australia, the main one in the region, closed constantly, with a slight downward trend of -0.02%.

Scholarships Europe It also followed the upward movement of the Asia. The pan-European index Stoxx 600 finished 1.01% and the FTSE of London closed with a gain of 0.97%. At Frankfurt, the index DAX advanced 0.95% while on Paristhe CAC 40 it was up 0.89%. At Milanthe FTSE MIB registered an increase of 1.47%, in Madridthe Ibexx 35 advanced 0.40% and in Lisbon, PSI 20 had a profit of 1.18%. /LUCIANA XAVIER, SILVANA ROCHA, SERGIO CALDAS, FELIPE SIQUEIRA, LUÍSA LAVAL and MAIARA SANTIAGO.



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