On a negative day abroad, market digests retail data and server strike

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Markets around the world operate in decline this Friday (14), while trade data stands out in the Brazilian scenario.

Starting abroad, US futures indexes try to pick up after the drops on Thursday (13), but operate close to stability. Producer inflation brought relief, but the prospect of higher interest rates and lesser stimulus in the world’s largest economy continues to weigh on the stock market.

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In the United States, pay attention to the balance sheet season, which is gaining strength with results from banks such as JP Morgan, Citigroup and Wells Fargo.

In Asia, stock markets closed lower, following the falls in New York and with an eye on the advance of the Covid-19 Ômicron variant.

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In Europe, stocks also fall in the morning, pulled by the performance of the exterior. Germany’s Gross Domestic Product (GDP) grew by 2.7% in 2021, as expected, but below the European average.

A climate of caution also with the intensification of tensions between Russia and the countries of the North Atlantic Treaty Organization (NATO). Russia’s foreign minister said that channels of dialogue are completely disrupted.

Also noteworthy is the weakening of the dollar. The Bloomberg index had its biggest drop since May on Thursday.

Foreign funds estimate that the dollar may have reached a peak, as the scenario points to a larger US deficit and a broader global recovery.

This favors the flow of money to emerging countries, Asia and Europe and the outflow of money from the US.

Brazil

Coming to Brazil, the trade data from the IBGE have just come out. The sector rose 0.6% in November, above market expectations, which had expected a 0.2% drop.

Also highlighted in the national news is the meeting between the Federal Revenue Service and the Minister of Economy, Paulo Guedes, which took place yesterday, but ended without an agreement.

Auditors left the meeting saying that they will harden the mobilization. The Federal Supreme Court (STF) said that if the government grants a raise to police officers, other categories can ask for a readjustment in justice. Economists say that the government can use this issue of the STF as a way out to go back, and not give a readjustment.

The news that the government has given more power to the Civil House and the Centrão over the budget also generates uncertainty. However, it is not enough to weigh on the stock market, as the market sees that Centrão was already giving the cards in the government and already “priced” that the pressure for public spending would be great this year.

With no surprises and with a greater flow of funds to emerging countries, the stock exchange has been avoiding further losses.

The Ibovespa Futuro rose 0.17%, to 106,390 points, and the dollar rose 0.13%, to R$5.53. THE S&P 500 Futuro drops 0.09% to 4,654 points.

Agenda of the Day

In Brazil, the highlight was the release of trade data. Abroad, in addition to bank balance sheets, has retail sales and industrial production.

Reference: CNN Brasil

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