Markets trade higher on the first business day of 2022.
Starting from abroad, American futures rise, rocked by the closing of a positive year. For the third year in a row, US indices closed higher, with gains that surpassed the double-digit mark.
Positive economic data in Europe also helps the mood of optimism. The euro zone’s manufacturing PMI came in at 58 points in December.
For having been above 50 points, analysts assessed that the sector is expanding and the supply chain crisis, which affected all production lines in Europe, is starting to diminish.
On the negative side, the market is keeping an eye on the impacts of the Ômicron variant of Covid-19.
After the restrictions in Europe, the United States begins to adopt measures. Thousands of flights have been canceled over the holiday season, schools are considering closing temporarily, and Wall Street banks are asking employees to work from home.
Investors are also monitoring the escalation of tensions between the United States and Russia. President Joe Biden said the country and its NATO allies could “respond decisively” should Russia carry out invasions of Ukraine.
Moving to Asia, the indices closed mixed, but the stock markets in China and Japan were closed with the New Year holiday.
Brazil
Coming to Brazil, investors continue to monitor the movements of federal civil servants. Economists estimate that the government opened “a Pandora’s box” by promising an adjustment to the federal police.
News of stoppages has weighed heavily on the stock market, given the risk of increased public spending on readjustments. The year begins with the realization that, as elections approach, the risk of adopting populist measures increases.
Investors are also keeping an eye on news about the health of President Jair Bolsonaro (PL), who was admitted this morning at Vila Nova Star Hospital, in São Paulo, with an intestinal obstruction.
The Ibovespa Futuro operates up 0.52%, at 106,392 points, with the dollar up 0.29%, at R$ 5.59. THE S&P sobe 0,61%, a 4.795 pontos.
Agenda of the Day
The first Focus Bulletin of the year came out this morning. The forecast for the Extended Consumer Price Index (IPCA) of 2021, decreased slightly, from 10.02% to 10.01%. For 2022, the forecast was maintained at 5.03%.
The Gross Domestic Product (GDP) of 2021 fell for the twelfth time in a row, from 4.51% to 4.50%. For 2022, the forecast went from 0.42% to 0.36%. The forecast for the Selic rate was maintained at 11.5%.
The trade balance data for 2021 and the industrial PMI for December will also be released this Monday.
On the foreign agenda, the industrial activity indices in the United States and China will come out.
Reference: CNN Brasil
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