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Ibovespa futures fall sideways after weak data in Europe; dollar rises more than 1%

The Ibovespa goes down tomorrow in the market earlier than this Friday (23). At 9:30 a.m., the contract for October fell 1.33%, to 113,165 factors, following what’s seen in the United States. In New York, the Dow Jones, S&P 500 and Nasdaq futures indexes fell by 1.13%, 1.24% and 1.35% respectively.

“Global inventory markets are anticipated to be adverse, growing the week’s losses as buyers digest expectations for financial coverage from central banks and the economic system’s slowdown. the world,” XP Investimentos analysts wrote in their report. name slowly.

Over the previous two days, more than eight central banks all over the world have introduced rate of interest hikes, together with in the United States and England.

In the latter nation, in addition to the rise in rates of interest, buyers are additionally speaking about the truth that the federal government pays for electrical energy – this is similar as decreasing taxes, whereas searching for methods to keep away from in recession, monetary threat will increase. The pound fell under $1.10, one thing not seen since 1985.

Also in Europe, the discharge of the nation’s Purchasing Managers’ Index (PMI) was additionally heavy, and got here, largely, under expectations, indicating a slowdown in the economic system.

“In the euro zone, the Purchasing Managers’ Index (PMI) fell to 48.2, down from 48.9 in August and in line with economists’ estimates. The stage is under the 50 signifies a contraction. In the UK, the Purchasing Managers’ Index (PMI) fell to 48.4 from 49.6 in August. This was the bottom studying for the reason that COVID-19 lockdown in January subsequent yr,” stated XP.

Germany’s DAX is down 2.66% and the UK’s FTSE is down 2.23%. The CAC 40, from France, and STOXX 600, from the European Union, have been down 2.20% and a couple of.56% respectively.

The dollar, with the expectation of recession and spending in the United Kingdom and Europe, will return energy to the world – the DXY, an indicator that determines the energy of the American forex in another earnings of developed nations, elevated by 0,82%, at 112 26 factors. , a stage not seen since April 2002. In truth, the dollar rose by 1.50%, to R $ 5.192. The dollar future rose 1.70% to R $ 5.215.

The Brazilian yield curve can even be pressured by capital flows to the US. DIs for 2023 will obtain one foundation level, at 13.69%, and people for 2025, 10 factors, at 11.58%. The DI outcomes for 2029 and 2031 are obtained, 10 and 11 factors, at 11.41% and 11.52%.

In Asia, the principle indicators additionally closed, after the worldwide pattern – Nikkei, from Japan, fell 0.58%; Shanghai, mainland China, 0.66%; Hong Kong HSI, 1.18%; and Kospi, from South Korea, 1.87%.

The items, nonetheless, are closed with none correct means. While Brent crude fell by 3.11%, at US $ 87.65, a ton of metal rose 1.34% on the Chinese port of Dalian, at US $ 100.99.

Ibov and dollar technical evaluation, by Pamela Semezatto, from Clear Corretora

IBOV:”The earlier high has not been damaged to substantiate a brand new bullish transfer, however the habits that occurred in this space of ​​the day has been modified to promote strongly, with out accepting these will increase. Yesterday, it was capable of present sturdy shopping for energy and shut at excessive ranges, indicating that if it goes up in the present day, it may break the earlier peak and resume the upward motion. If it closes under yesterday’s low, we are going to proceed to consolidate.”

DOLLARS:”Yesterday’s candle was not very sturdy, but it surely closed under the LTA of this enlargement and I imagine it may check the earlier backside at 5,080. But there is no such thing as a definition of pattern and convergence between: 5,080 and 5,300 factors.

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