Ibovespa Dips as Markets Await Key Speeches
The Ibovespa edged down 0.3% early Friday, trading below 137,000 as investors await remarks from the Finance Minister and the central bank’s Economic Policy Director. Attention abroad focused on trade tensions and US PCE core inflation, which rose 2.7% year-over-year and 0.2% monthly, above expectations. Locally, Brazil’s jobless rate stood at 6.2% in the three months through May, better than the 6.4% forecast. Markets are also watching for the Treasury’s May Public Debt Report. Globally, sentiment was lifted by news of a US-China understanding to expedite Chinese rare earth shipments. On the corporate front, Petrobras fell 0.5%, while major banks dropped (Itaú -0.8%, Santander -1.4%), along with Eletrobras (-0.2%), Embraer (-1.2%), and meatpackers Minerva (-0.6%, Marfrig -1%). Vale rose 0.3%, and steelmakers traded mixed (CSN +0.5%, Gerdau -0.4%), as did retailers (Americanas +0.3%, Magazine Luiza -1.3%) .
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





