The dollar is trading higher, sells for nearly $ 3.92 and stock markets are down – 26/12/2018



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The dollar commercial traded upward and the stock market fell on Wednesday (26). Around 16:10, the US currency rose 0.55% to R $ 3918, while the index Ibovespa main index of the Brazilian stock market, had reached a low of 0.67 %, at 85 126, 07.

Friday (21) the dollar closed up 1.15% to R $ 3,897, and the stock market 0.5%. Monday (24) and Tuesday (25), the markets were closed because of the Christmas holidays.

The dollar value published daily by the press, including UOL refers to the commercial dollar. The shares of Bradesco (-3.9%), the shares the value is always higher.

Via Retail and Petrobras operate down Itaú Unibanco (-2.73%), from Petrobras (-2.13%), from Vale (-1 , 67%) and the bank of Brazil (-1.22%) were down and contributed to the negative performance of the Brazilian stock market. The shares of Via Varejo also fell (-4.17%) after his controller, Grupo Pão de Açúcar, announced his intention of to complete from here to end of 2019 the sale of his share of 43.23% in the network of furniture and electronics

External scenario

Investors follow the course of a series of political problems aroused by US President Donald Trump.

While negotiating the terms of an agreement with China to end a trade dispute, Trump even privately discussed the resignation of Fed Chairman Jerome Powell and again attacked. Christmas Eve, claiming that the central bank was the "only problem" of the US economy . White House economist Kevin Hbadett said Wednesday that Powell's work was secured .

Trump's action in favor of congressional approval of the resources needed to build a wall at the Mexican border has also resulted in a partial closure of the government since Saturday (22) , in a dead end which, according to him, will continue until there is money for the works .

Investors also observe the recent decline in global stock markets and the price of oil as indicators of the slowdown in global growth.

BC Performance

The Brazilian Central Bank sold $ 2 billion with a pension at the sixth auction in December to increase money supply during this period of traditional exit country. In all, British Columbia has auctioned types worth $ 7 billion this month.

(With Reuters)

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