The Ibovespa today (3) operates in a fall of 0.53%, at 116,286 points, following New York.

On Tuesday (1), the day before the holiday, the stock market closed up 0.77% at 116,928 points.

The day has an empty economic agenda, with investors following the unfolding of the government transition, which begins on Thursday (3), led by Ciro Nogueira and Geraldo Alckmin, representing, respectively, the current and the new government.

The market also follows the demonstrations of Jair Bolsonaro’s supporters on the roads. And the speculations about the possible names to compose the ministries of Luiz Inácio Lula da Silva.

The balance sheet season is intense, with Petrobras’ (PETR3, PETR4) third quarter results being the highlight. Also releasing balance sheets today are AES Brasil (AESB3); Alpargatas (ALPA4); Banco Pan (BPAN4); Blau Farmacêutica (BLAU3); BrasilAgro (AGRO3); BR Properties (BRPR3); SBF Group (SBFG3); Tenda (TEND3); Fleury (FLRY3); JHSF (JHSF3); Lojas Renner (LREN4); Marcopolo (POMO4); Neogrid (NGRD3); Sanepar (SAPR4) and Tegma (TGMA3). In indicators, the IPC-Fipe closed October with a high of 0.45%.

Markets abroad

The FOMC, the Federal Reserve’s monetary policy committee, decided to raise the US interest rate by 0.75 percentage points to a range between 3.75% and 4.00%, confirming market expectations.

The bank’s statement leaves the door open for further increases until the country’s inflation returns to the 2% target. In a press conference, the Fed’s president, Jerome Powell, said that it is still premature to talk about the end of the cycle.

The market expects that interest rates will still rise 50 basis points in December; and 25 basis points in February. With this, the rate ends 2022 between 4.25% and 4.50%, and will peak between 4.50% and 4.75%.

On Thursday it was the Bank of England’s (BoE) turn to set its interest rate, also with a 0.75 percentage point hike.

In indicators, the unemployment rate in the euro zone stood at 6.6% in September, from 6.7% (revised) in August.

In the US, new claims for unemployment insurance fell to 217,000 from 218,000 (revised) last week. The U.S. trade deficit rose to $73.3 billion in September from a projected $72.3 billion deficit.

North Korea conducts military exercises with missile launches in retaliation for recent joint maneuvers by the United States and South Korea in the region.

New York markets
Dow Jones: -0.42%.
S&P: -0.80%
Nasdaq: -1,14%
European Markets
DAX, Germany: -0.94%
FTSE, United Kingdom: +0.22%
CAC, France: -0.60%
FTSE MIB, Italy: -0.67%
Stoxx 600: -1.03%
Asian Markets
Nikkei, Japan: -0.06%
Shanghai, China: -0.19%
HSI, Hong Kong: -3.08%
Kospi, Korea: -0.33%
ASX 200, Australia: -1.84%
Brent (December 2021): US$95.14 (-1.06%)
WTI (November 2021): US$ 88.63 (-1.52%)
Gold futures (December 2021): US$ 1,631.20 (-1.14%)
Iron ore
Dalian Exchange: us$ 86.26 (+2.45%)