This second exhibit (20) had fairly limited coverage of international markets, although major European stock markets and New York index futures showed slight gains for the third week in a row.

Leia too

With the abundance of news in recent days, investors continue to adjust their positions to a lower risk scenario and continue to expect more signals from the European Central Bank (ECB) and the Federal Reserve (Fed, or US central bank) regarding the future. taxes for the next two months.

The UK Chancellor of the Exchequer, Jeremy Hunt, stated that “everything is on the table” regarding possible cuts. In China, the People’s Bank (PBoC) most often maintains its vows and, in Argentina, there may be changes in local markets, after the victory of the extreme right-wing candidate, Javier Milei, in the elections. second place is the president’s turn this Sunday.

The dollar weakened against a basket of other strong currencies, while oil futures posted gains and iron mining futures rose 0.47% in the morning in Dalian, registering at US$134.16 per tonne.

Short documents outside local holidays do not show much risk appetite in our markets, but the performance of external sectors and key commodities may support high prices. Expectations of a vote and approval of fiscal measures headed to Congress remain a concern, but at present Congress has made great progress.

economic agenda

Brazil: The Central Bank publishes a Focus Bulletin (08:25), and the commercial balance data section is also scheduled for the third week of November (14:30).

Senator Alessandro Vieira (MDB-SE) must submit a report sheet on the draft law imposing taxes on foreign funds and proprietary funds to the Commission on Economic Affairs (CAE) and can analyze its text in this third session.

The rapporteur of the Law of Diretrizes Orçamentárias (LDO), deputy Danilo Forte (União Brasil-CE), was also able to present his initial opinion in the evening and a preview of the vote at the fourth fair, at the Orçamento Mista Commission (CMO).

The Minister of Finance, Fernando Haddad, will participate in the weekly live broadcast with President Luiz Inácio Lula da Silva (PT), at the third fair, to publicize the actions planned for the Desenrola program’s D-Day, which will take place at the fourth fair.

UNITED STATES OF AMERICA: The Fed revealed its latest monetary policy meeting on its third day. On day four we feature November’s consumer confidence index, along with the University of Michigan’s inflation expectations. A purchasing managers index (PMI) is also planned for the sixth exhibition.

Europe: ECB President Christine Lagarde participated in the third event of the fair. Today, Bank of England (BoE) president Andrew Bailey appears in the UK (15:45) and, in the fourth show, we present the eurozone consumer confidence index. PMIs are also planned for the eurozone, Germany and the UK, at the fifth fair.

China: PBoC sets legal main tax rates unchanged for third time in a row, second official statement. The 1-year loan reference (LPR) tax is maintained at 3.45% and the 5-year loan at 4.20%. The last change implemented by the PBoC was in August, when the one-year LPR was reduced by 0.10 pp, from 3.55% to the current level of 3.45%.

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