Lowest market trading volume and Ômicron are on the economic radar

The lowest trading volume in the market in the last week of the year and the Ômicron variant are on the economic radar of the markets this Monday (27).

Starting abroad, in the United States, after the S&P index hit a record in the last trading session, on Thursday (23), the future of the S&P signals a new high this Monday.

On the positive side, data on home sales and consumer confidence came in above expectations and helped boost the indices. On the negative side, the Ômicron variant remains worrisome.

On Sunday (26), Anthony Fauci, the top medical authority in the fight against Covid-19 in the US, warned Americans about the high number of cases of the new strain and said that Ômicron could overburden hospitals, although studies indicate that the symptoms are less bass. More than 2,800 flights were canceled over Christmas weekend because of the variant.

In Europe, Ômicron also continues to worry investors. The number of new daily cases of Covid-19 continues to exceed 100,000 in the UK and France, which has been breaking records for daily cases. With the climate of caution, the exchanges operate close to stability and in a slight decline. In the UK, the stock exchange is closed for the Boxing Day holiday, the first business day after Christmas.

In Asia, stock markets closed slightly down, following the cautious climate abroad. In China, the finance minister and the president of the People’s Bank of China promised new stimulus in 2022.

Brazil

On Thursday, the Ibovespa took off from abroad and ended the day in a fall. The closed IPCA-15 inflation data came in as expected, but the diffusion index rose, meaning the price increase is more spread out. With that, the interest curve rose and hurt the stock market.

In politics, President Jair Bolsonaro (PL) defended, on Friday (24), the granting of readjustments to federal civil servants in 2022, and said that the Ministry of Economy should have responded to the request of the Federal Revenue’s servants before they approved the strike, which starts this Monday.

On the positive side, formal employment data from Caged, released on Thursday, showed that the country created 324,000 jobs in November, above the market’s expectation of 255,000 jobs.

The Ibovespa Futuro trades in a slight increase, of 0.24%, to 106,040 points, following abroad. The dollar rises 0.71%, to R$ 5.70. Already the S&P Futuro also operates in high, of 0.25%, to 4,737 points.

Agenda of the Day

The last Focus Bulletin of the year, released this Monday morning by the Central Bank, points to the financial market again reducing the projection for the growth of the Gross Domestic Product (GDP) in 2021. It is the 11th consecutive drop in the estimate, which went from a high of 4 .58% to 4.51%. For 2022, analysts see a positive variation of 0.42%, compared to 0.50% previously.

For 2022, analysts see a positive change of 0.42%. The level is below the economic growth recorded in the three years prior to the start of the pandemic. Last year, Brazil’s economy registered a 4% recession.

In the United States, the industrial index for Dallas comes out at 12:30 pm. At night, in Japan, the unemployment rate, at 8:30 pm, and industrial production, at 8:50 pm, will be released.

Reference: CNN Brasil

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