The stock market closes at over 92,000 points and the dollar falls with discussions between China and the United States – 08/01/2019 – Market



[ad_1]

The Brazilian stock market rose modest Tuesday (8), but sufficient to exceed for the first time the level of 92,000 points in a day lenient for the stock markets.

The news is weak, investors became attached to the information that China and the United States persist in negotiations to end the trade war between the two countries.

] There will be a new round of negotiations on Wednesday (9), which was not scheduled on the agenda after two meetings on Monday and Tuesday.

Ibovespa, the country's leading stock index, gained 0.36% and closed at 90,031 points.

As far as national news is concerned, investors are waiting for details on the pension reform discussed by the Bolsonaro government.

Overseas, US equity markets rose as a result of principal gains

The dollar fell again against the real and closed the day at R $ 3.7160 (-0.48 %).

"The market started the year with an optimistic bias with Brazil, and we learn that pension reform tends to be even more aggressive than Temer's," said a stock exchange trader. brokerage firm H.Commcor Cleber Alessie Machado

abroad. mainly negative for emerging currencies. On a basket of 24 currencies, 19 lost strength against the American.

With Reuters

[ad_2]
Source link