The week begins with the market questioning the level of optimism shown by the signal that the Fed will abandon the aggressive increase in interest rates in the US, despite record inflation in the country.
In addition, the balance sheets of big tech and the world’s largest oil companies also boosted Wall Street, which ended July with a significant increase – the biggest monthly gain since 2020.
In Brazil, eyes are on the Copom meetings this week. Specialists believe that the BC may end the cycle of hikes on the basic interest rate in Brazil, after a rise of 50 basis points.
Presented by Priscila Yazbek, the CNN Money presents a balance of news issues that influence markets, finances and the direction of society and the dynamics of power in Brazil and in the world.
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*Posted by Fabricio Julião, from CNN Brasil Business
Source: CNN Brasil