Bolsas calmas olham commodities, dados e balanços; bandeira da luz no radar: Minuto Touro de Ouro

Summary

On a calm Friday morning, global markets are slightly positive but heading towards a 1% decline after six weeks of gains. Investors in the U.S. are reassessing interest rate cuts due to strong economic data and potential political shifts, while Europe grapples with mixed earnings reports and hints at possible interest rate cuts. The U.S. market shows modest gains, and Vale's ADRs rise post-earnings despite a profit drop. In Brazil, energy tariffs are under scrutiny, contributing significantly to inflation, which may prompt further interest rate hikes from the central bank, impacting businesses.

Takeaways

• 😀 Global markets start the day slightly positive but are on track to close the week down about 1% after six consecutive weeks of gains.
• 📉 Investors in Chicago are anticipating fewer interest rate cuts for the next year, which contributed to the market's stagnation this week.
• 📊 Recent robust economic data from the U.S. and potential victory of Donald Trump in the presidential race may lead to more inflationary policies.
• 🚗 European markets are impacted by disappointing earnings reports, such as a 64% drop in profit for Mercedes-Benz.
• 💼 Statements from European Central Bank officials indicate that a significant interest rate cut may be considered in December to support the faltering European economy.
• 📈 U.S. stock markets show a slight rise of around 0.2-0.3%, while European markets exhibit mixed results.
• ⛽ The price of Brent crude oil is rising slightly due to ongoing tensions in the Middle East.
• 📈 Vale's American Depositary Receipt (ADR) is up 1.15%, responding positively to earnings that exceeded expectations.
• ⚖️ Vale is set to sign a compensation agreement related to the Mariana disaster, which is significant for its financial outlook.
• 💡 The current electricity tariff in Brazil is at its highest level (red flag level 2), contributing to inflation and potentially prompting further interest rate hikes.

Q & A

What is the general trend of global stock markets mentioned in the transcript?

Global stock markets are described as calm and slightly positive but are trending towards a potential decline of about 1% after six weeks of gains.

What factors have contributed to the halt in rising stock prices on the CME?

Investors are anticipating fewer interest rate cuts next year, influenced by robust economic data from the U.S. and the prospect of Donald Trump's potential victory in the presidential race.

How did the earnings reports affect the European markets?

Mixed earnings reports, such as Mercedes-Benz's 64% drop in profits, alongside comments from European Central Bank officials about possible interest rate cuts, have contributed to fluctuations in the European markets.

What are the current trends in oil prices according to the transcript?

Brent crude oil prices are under pressure due to tensions in the Middle East, with prices slightly rising as a result.

What was the performance of Vale's ADR in New York following its earnings report?

Vale's ADR was up by 1.15% in New York, reflecting a better-than-expected profit report released after market close.

What impact does the current electricity tariff (bandeira vermelha patamar dois) have on inflation?

The highest tariff level contributes significantly to inflation, accounting for 40% of the recent IPCA 15 increase, leading to potential pressure on the Central Bank to raise interest rates further.

What was the status of Bitcoin at the time of the report?

Bitcoin was trading at $67,800.

What major upcoming financial report is being monitored?

There is significant attention on the monthly public debt report and the current electricity tariff situation.

What has been the impact of robust U.S. economic data on interest rate expectations?

Strong U.S. economic data has led to expectations of fewer interest rate cuts in the upcoming year.

What is the significance of the upcoming decision on the electricity tariff for November?

Maintaining the current high electricity tariff would likely exert additional inflationary pressures, prompting the Central Bank to consider increasing interest rates.