Stock exchange and dollar recover slightly after losses, despite tension abroad

Global markets operate in a fall this Friday (19) with risks of global inflation and Covid-19’s advance in Europe.

In Brazil, however, the stock market shows a slight increase, after having renewed its worst level of points in a year, to 102,426 points, the day before. Around 10:30 am, the Ibovespa rose 0.38%, to 102,800 points. The spot dollar had a drop of 0.19%, quoted at R$ 5,547.

Yesterday, the climate of risk aversion for emerging countries in the world was added to internal uncertainties. The Stock Exchange closed for the fourth consecutive fall, renewing the worst level of scores in a year, at 102,426 points.

What has weighed on the bag internally is more of the same. Noise in politics and uncertainty in fiscal. Yesterday, Arthur Lira, president of the Chamber of Deputies, said that there is no room for readjustment of federal employees in the PEC dos Precatórios.

Fernando Bezerra, rapporteur of the bill in the Senate, said that the PEC can be sliced ​​to ensure a smoother approval. As the outcome of the matter still seems far away and the market does not like to be left in the dark, assets continue to suffer.

It is not outside

Overseas, American futures trade in the fall. Some factors explain the decline: the market has a natural correction after the new records of the past few days. Today, options expire, which increases the ups and downs. They help in the bad mood of the pandemic, returning to concern in Europe and pressured inflation in the world.

These factors overlap with two positive facts: the US unemployment claims data, which came out yesterday and was at the lowest level since March 2020. In addition, more than 80% of S&P companies had results above expectations, with 90% of them already with results released.

Also in the United States, the House may vote on a $2 trillion-dollar infrastructure package today.

In Europe, after announcing a lockdown for the unvaccinated, Austria imposed a new lockdown for the entire population. It is the first European country to resume a total blockade. Bloomberg data showing cases that indicate Europe has once again become an epicenter for Covid-19. It is worth remembering that yesterday the German government had already announced a lockdown for non-vaccinated people.

In Asia, most indices closed higher. It bolstered the new $690m stimulus package announced in Japan. In Hong Kong, the Hang Seng took off and fell 1.1%, driven by a loss of nearly 11.0% at Alibaba, which posted weak results.