March 28, 2023

The Indie Toaster

Complete News World

Ibovespa Futuro continues abroad and focuses on reopening China and building ministries.

The Ibovespa Futuro is running higher in trading since this Tuesday (27), following the positive performance of external markets, with further evidence of the reopening of China’s economy.

yesterday, Chinese authorities announced quarantine requirements for travelers Taking another step towards the end of the zero-covid policy, arrivals into the country will be suspended from January 8, 2023. The government also said that the severity of Covid-19 should approach a common respiratory disease.

Ibovespa Today: Live Market Highlights this Tuesday

On the local scene, expectations are high for Lula’s ministerial appointments. On the economic agenda, the central bank will release Treasury credit data for November and the monthly credit report for the same month.

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At 9:16 a.m. (Brasilia time), the Ibovespa futures contract for February was up 0.37% at 110,920 points.

On Wall Street, futures indices were higher this morning on the easing of Covid quarantine measures in China and a slowdown in PCE, a key indicator of US inflation, on Friday.

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This morning, Dow Jones futures were up 0.63%, S&P futures were up 0.64% and Nasdaq futures were up 0.50%.

dollar

On the exchange, the trading dollar performed as high as 0.43%, with purchases at R$ 5.230 and sales at 5.232. Already, dollar futures for January rose 0.37% to R$ 5.243.

In the interest rate market, futures contracts rise collectively. DIF24 (January to 2024) works out to an increase of 0.04 pp, 13.60%; DIF25, +0.03 pp, 12.96%; DIF27, +0.03 pp, 12.93%; and DIF29, +0.04 pp, 12.94%.

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outside

Positive sentiment continues in the final trading days of 2022, with European markets also running higher, backed by a reversal of Covid quarantine measures in China. London stock markets don’t open until tomorrow, which should weigh on liquidity in the session.

Oil prices are trading slightly higher on concerns that winter storms in the United States are affecting the logistics and production of petroleum products and shale oil.

Friday’s cold weather and strong winds reduced power and energy production across the U.S., driving up heating and electricity prices. Concerns that production from Russia may be cut also boosted oil prices.

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Asia

Most Asian stock markets closed in the blue as investors echoed Chinese authorities’ announcement of an end to quarantine for travelers on Jan. 8 — marking the end of its zero-covid policy that has been maintained for nearly three years.

Health officials said the country has downgraded Covid to a less severe category B, from its current top category A.

A press conference by China’s health officials is on the radar, according to state media.

Japanese Prime Minister Fumio Kishida told reporters on Tuesday that travelers arriving in Japan from China must test negative for Covid upon arrival from December 30.

Kishida added that travelers from China who test positive will face a mandatory seven-day quarantine period, Reuters reported.

Quotations Iron ore boom in China Echoing the end of quarantine for travelers in China.

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