The trade dollar is on the rise on Friday, as China imposes additional tariffs on the United States and tensions have escalated between the two countries, which have been in a trade dispute since mid-2018. At 2:40 pm rose 1.3%, quoted at 4.13 reais on sale. It is the highest level of intraday exchange (during the session) in the year. If performance continues until closing, it will be the highest since September 19, the pre-presidential election period. Also at 2:40 pm, the Ibovespa, the main index of the Brazilian stock market, dropped 2.57%, to 97,438 points.
 Following several warnings, China has indeed announced additional tariffs on US products. The value is $ 75 billion and the rates will vary between 5% and 10% - part of them will take effect in September and another in December. Donald Trump has already said he will retaliate.
 The move is in response to the US government's announcement in early August that it will impose 10 percent tariffs on $ 300 billion in Chinese goods. Like the Chinese, Americans will split tariffs between September and December. On Twitter, Trump said, "I'm going to answer China's tariffs this afternoon," he said.
 The escalation of tensions between the two countries has brought down markets worldwide. In the United States, at 2:40 pm, the Dow Jones fell 2.06% and the S&P 2.20%. In Europe, the indexes had risen until almost the end of the trading session, when the news about tariffs came. German DAX closed down 1.15% and French CAC 40 fell 1.14%.
 In the morning, Federal Reserve Chairman Jerome Powell delivered his long-awaited speech in the United States. Powell said the US economy is in a "favorable position" and the Fed will "act as appropriate" to maintain its pace of expansion.
 For Pablo Spyer, director of broker Mirae Asset, Powell said the basics investors wanted to hear. “It fell well for the market,” he says. For a short time, the news held back falling markets from Chinese tariffs. But the movement reversed itself. The indices began to operate in red and currencies devalued against the dollar.
 On Wednesday, the minutes of the Fomc (Federal Open Market Committee) meeting, the Fed's monetary policy body, were released, which set the interest rate cut of 0.25 percentage points in July, the first in a decade - Even so, the move was considered insufficient by investors.
Internal Scenario
 The stock exchange also suffers the consequences of the corporate scenario. The Federal Police launched on Friday the 64th phase of Operation Lava Jato, based on the award-winning agreement signed between former Minister Antonio Palocci signed with the PF. The objective is to investigate irregularities in the sale of Petrobras assets to BTG bank and information on resources accounted for by Odebrecht in the spreadsheet “Italian Special Program”. BTG shares were down at 14h40, 14%, being the third best-selling paper in the session. Petrobras' preferred shares (which give priority to dividend distribution) were in first place, down 3.3%.
 In addition, the Finnish government, which currently holds the rotating presidency of the European Union, has called on the bloc's countries to consider banning beef imports from Brazil because of the devastation caused by burning in the Amazon. The news reflected in the shares of JBS, which around 2.40% fell 2.83% and also BFR, owner of Sadia, which fell 4.48%.

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