The Ibovespa today (11) operates in drop of 0.61%, to 115.235 points, in line with the outside.

Highlights on Tuesday for the IPCA, the country’s official inflation indicator, which presented its third straight deflation.

The National Wide Consumer Price Index slid 0.29% in September, a less intense drop than in July (0.68% retreat) and August (0.36% retreat). In the year, accumulated inflation is 4.09% and, over the last 12 months, 7.17%.

Source: IBGE

BTG Pactual’s expectation was for a 0.35% drop in the monthly comparison and a 7.10% increase in the 12-month period, below the 8.73% registered previously.

The news continues to highlight the second round of elections. Tomorrow is a national holiday and the stock market will be closed.

The Ibovespa closed Monday (10) down 0.37%, at 115,940 points. Throughout the day, the index varied between 115,261 and 116,840 points. The financial volume was R$25.6 billion.

Markets abroad

Tuesday (11) begins with global markets in a downward trend. The day marks the beginning of the third quarter balance sheet season in the United States, with the release of Procter&Gamble.

But the biggest expectations follow regarding the CPI, inflation to the American consumer, which comes out on Thursday (13).

Tomorrow (12), a holiday in Brazil, there are minutes from the last meeting of the Fed, which raised interest rates by 0.75 percentage points. Investors are looking in the document for signs of the next steps in monetary policy, and the dominant view so far is for another 0.75 p.p. at the next meeting, with terminal rates between 4.5% and 4.75% until early next year.

In England, the central bank announced today another intervention in the bond markets. The BoE will expand its program of emergency purchases of bonds, including those linked to inflation. Also there, the unemployment rate fell from 3.8% in July to 3.5% in August, against expectations of 3.6%. The number of employed workers hit a record 29.7 million in the period, putting further pressure on wage inflation.

In China, car sales grew 21.5% in September in relation to the same month last year, to 1.92 million cars. Compared to August, there was a 2.8% increase, the lowest monthly rise in 20 years.

Ukraine is experiencing an escalation of confrontation against the Russians, after the explosion of a bridge connecting Russia to Crimea.

New York Markets
Dow Jones: +0.35%
S&P: -0.46%
Nasdaq: -0.85%
European Markets
DAX, Germany: -0.70%
FTSE, United Kingdom: -0.90%
CAC, France: -0.37%
FTSE MIB, Italy: -1.04%
Stoxx 600: -0.63%
Asian Markets
Nikkei, Japan: -2.64
Shanghai, China: +0.19
HSI, Hong Kong: -2.23
Kospi, Korea: -1.83
ASX 200, Australia: -0.34
Brent (December 2021): US$94.36 (-1.89%)
WTI (November 2021): US$ 89.26 (-2.07%)
Gold futures (December 2021): US$ 1,676.50 (+0.07%)
Iron ore
Dalian Exchange: us$ 100.44 (-2.50%)