Ibovespa falls 1.5% and the dollar renews historically high with foreign and controversial video of Bolsonaro and Moro



[ad_1]

SÃO PAULO – Ibovespa closed on Tuesday (12) along with international stock exchanges and also with increasing political tension amid reports that the video delivered by the government to the Federal Supreme Court (STF) would confirm the version of the former Minister of Justice, Sérgio Moro, that President Jair Bolsonaro had interfered with the Federal Police to try to stop the investigations against his children.

Moro’s lawyer said in a statement that the video of the April 22 ministerial meeting confirms his client’s report against the President of the Republic.

The website The antagonist He declared the video to be “devastating” for Bolsonaro. According to the director of brokerage Mirae Asset, Pablo Spyer, the investors went to the sales, echoing the text of the news, according to which the President of the Republic would have associated the change of the superintendent of the Federal Police in Rio de Janeiro with the need to protect his family.

Along the same lines, news from Balloon He says three unidentified sources confirmed that Bolsonaro said he needed to “know things” that were happening in Rio’s PF. At another time, the President reportedly said that the investigations could not harm his family or friends.

Abroad, the Dow Jones, S&P 500 and Nasdaq indices on the US stock exchanges. USA They fell between 1.9% and 2.06% after a group of Republican senators introduced a bill that includes sanctions on Chinese officials. Markets are also squeezed between optimism about the economic reopening of several countries and concerns about a second wave of coronavirus.

As a result, the Ibovespa closed 1.51% at 77,871 points after spending most of the trading session. The negotiated financial volume was R $ 22,742 million.

Meanwhile, the commercial dollar rose 0.71% to R $ 5.8644 on purchase and R $ 5.8657 on sale, renewing the historical closing high. The future dollar for June rose 1% to R $ 5,883.

In the future interest market, the DI for January 2022 increased 36 basis points to 3.62%, the DI for January 2023 shot up 45 basis points to 4.88% and the DI for January 2025 jumped 41 basis points to 6.84% .

Interest rates reflect how Copom’s minutes prescribed another new Selic cut and indicated that the economic recovery in the third quarter may be erratic, but at the same time noted that fiscal risks may impose a limit on the reduction of Interest rates.

According to the Morgan Stanley analysis team, the Central Bank kept the same message as the statement, reinforcing the moderate tone (used to reduce interest rates).

“Committee members discussed the pace of recovery in the second half of 2020 and their benchmark scenario is a more gradual recovery than expected, starting only in the third quarter. Furthermore, they pointed out that the increase in idleness should have a disinflationary impact, given the contraction in aggregate demand, “wrote the bank’s economists.

Analysts also point out that Bolsonaro’s delay in vetoing the readjustment of public servants’ salaries also generates political noise, as well as the proposal to increase the regulation of the financial system, by the CSLL, in the Senate. The senators’ idea is to limit interest on overdrafts and increase the CSLL of banks from 20% to 50%.

Among the indicators, the volume of services in Brazil fell 2.7% in March compared to the same month last year due to the coronavirus, the Monthly Survey of Services (PMS) of the Brazilian Institute of Geography and Statistics (IBGE) showed. . The average expectation of financial market economists compiled in the Bloomberg consensus pointed to a 2.1% drop in the period. In February, the decrease had been 0.7%.

Abroad, Saudi Aramco, the world’s largest oil company, released its first-quarter results this morning and showed a 25% drop in net profits, which was still $ 16 billion in the period. The barrel of Brent type oil registered gains of 0.91% to US $ 29.90 and the WTI barrel increased from 6.42% to US $ 25.69.

Also in the spotlight, China has announced that it will exempt more American products from punitive tariffs. American products that will be exempt from additional charges include chemicals and textiles, according to a statement issued by the Chinese Ministry of Finance.

Bolsonaro’s approval falls

According to a CNT / MDA survey, the percentage of voters who consider the current government to be excellent or good fluctuated from 35% in January to 32% today. Those who rate management as bad or very bad jumped from 31% to 43% in the period.

The survey also shows that the group of voters who approved Bolsonaro’s personal performance reached the lowest nominal level: 39%, a decrease of 9 percentage points compared to four months ago and 2 p.p. below the August low of last year.

Disapproval of the president’s performance increased 8 p.p. in the same four months, to 55%. The mark is 1 p.p. greater than that reached in August.

More politics

In a testimony of approximately six hours, the former director general of the Federal Police, Maurício Valeixo, said that President Jair Bolsonaro wanted someone with whom he had “greater affinity” with command of the PF, the newspaper reports. The state of S. Paulo. Valeixo was heard as part of the investigation that examines whether Bolsonaro politically interfered in the PF, as former minister Sergio Moro accused.

According to the Economic value, the video of the meeting in Planalto in which Bolsonaro had expressed his intention to interfere politically in the work of the PF will be shown to investigators on Tuesday.

Pandemic

A study carried out by the Oswaldo Cruz Institute (IOC-Fiocruz) shows that during Carnival, in February, there was already a community transmission of Covid-19 in Brazil, which accelerated the spread, the newspaper reports. The state of S. Paulo. The same study indicates that the first death caused by the disease in Brazil occurred between January 19 and 25, a month earlier than previously thought, in Rio de Janeiro.

The newspaper The balloon Today’s headline brings the news that President Jair Bolsonaro has included gyms, beauty salons, and hairdressers in essential activities, releasing quarantine establishments. Last night, Brazil had 168,331 confirmed cases and 11,519 deaths from Covid-19.

Corporate news

Itaúsa, the holding that groups the companies in which Banco Itaú participates, reported a non-recurring net profit of R $ 1.01 billion in the first quarter of this year, a decrease of 59.3% compared to the same period from last year. . Holding results were affected by the drop in Itaú Unibanco’s earnings, which increased its provisions in the period, due to the coronavirus epidemic.

Higher highs

Active % Change Price R $)
MEAT3 7.0632 14.4
IRBR3 4.41558 8.04
SUZB3 3.80252 49.41
MRFG3 3.78182 14.27
BTOW3 2.73752 89.32

Higher casualties

Active % Change Price R $)
NTCO3 -6.14934 32.05
EMBR3 -5.70236 6.78
SANB11 -5.18156 23.24
GOLL4 -5.12334 10
ELET3 -5,1011 20.65

Carrefour Brasil, in turn, registered a drop of 17.7% in net income in the first quarter of 2020, to R $ 363 million, in the annual comparison.

Eletrobras announced yesterday that it sold 49% of the share capital of the Mangue Seco 2 wind farm for R $ 33 million to the Pirineus fund.

Do you want to live in the financial market or have an extra income? Try the Wilson Neto course for free, one of the best resellers in Brazil



[ad_2]