The dollar has a 7th weekly peak and closes at R $ 3,905; Bolsa falls for the 2nd week – 14/12/2018



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The dollar commercial closed this Friday (14), up 0.63%, to R $ 3,905 on sale. In the week, an accumulated peak of 0.37% – the seventh weekly advance followed.

The Ibovespa main index of the Brazilian Stock Exchange, closed down 0.44%, to 87,449.50 points, after three highs. It was the second consecutive week of bbad.

The day before the US currency rose 0.72% to R $ 3.88 and the stock market to 0.99%.

The value of the dollar published daily by the press, including UOL refers to the commercial dollar. For tourists the value is always higher. Gol (+ 7.5%) rose for the fourth day in a row, after Avianca Brasil, his competitor entered with a judicial recovery claim . The São Paulo court accepted the trial.

The decision of President Michel Temer to sign a provisional measure authorizing foreigners to take up 100% of the capital of the airline in the country also affected the market. aviation this week. Today, the limit is 20%.

Air Blue (-1.62%) was closed. The president of the company said Wednesday that it was not planned to make an offer on Avianca Brazil "now", but that "is able to look to the future" [19659008] Petrobras and the banks collapse

The shares of Petrobras (- 1.33%) and banks Bradesco (-1.13%) and Itaú Unibanco 73%) fell during this session and the Bank of Brazil (+ 0.05%) was almost stable. Already Vale increased by 0.55%. These companies have a strong influence on Ibovespa.

External Scenario

The Dollar Followed the Movement of International Markets After Concerns about the Slowing Global Economy

Concerns are mainly based on the dissemination of weak data on China. Asian retail sales increased in November to the lowest rate since 2003, and industrial production rose at the lowest rate in almost three years.

In addition, in Europe, companies recorded December at the slowest pace for more than four years according to the PMI (Purchasing Managers Index).

The BCB sold

The Central Bank sold during this session 13 shares, the first of its kind to the Central Bank, 8,000 traditional currency exchange contracts, equivalent to the future sale of dollars. In this way, 6.915 billion US dollars out of the 10.373 billion US dollars won in January. If you keep this offer daily and sell it until the end of next week, you will get the full roll.

(Com Reuters)

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