With a favorable external scenario, the dollar fell to R $ 3.84 and the stock market rose by 0.97%

The Stock Exchange and the Dollar closed the week with a good performance on Friday 13. The Ibovespa closed at a rate of 0.97% to 76,594 points, accumulating a gain of 2.11% on the week. The positive influence on inventories comes from the rise in New York stock indexes, oil and the falling dollar, as well as a favorable outlook for the second quarter balance sheet. The Brazilian real has outperformed the dollar against the world's major currencies. The US currency closed down 0.88% to 3.889497 reais.

On a scanty national press conference, the influence of international stock markets resumed, with the contribution of high oil prices and the dollar against the real. At the trading tables, professionals again cited the re-establishment of the external flow in the Brazilian market. Even though he was shy, this flow was fundamental to Ibovespa's gain of 2.11% in the accumulated index of the week – the third consecutive gain.

The absence of new developments in the trade friction between the United States and China and the rapprochement

In the morning, the US consumer sentiment data below the forecast also had a positive reading for the stock market, for to strengthen the expectation of more moderate interest rate increases by the US central bank.

For Rafael Pbados, an badyst at Guide Investimentos, the Brazilian stock market is in a "window of respite", with significant odds of maintaining the uptrend in the short-term C & # 39; is because the moment in the scenario external is positive for risky badets, there is an influx of resources on the stock market and the next few days should be less political, due to parliamentary and legislative holidays

. "This breathing may continue in the short term, but n & rsquo; Does not eliminate the image of great caution with internal factors, in the case of elections, and the external, with the trend of dollar reduction and interest gave an extra breath in Ibovespa, international liquidity, "said Mr Pbados.

Dollar For the second consecutive week, without the intervention of the Central Bank on the foreign exchange market, the dollar stands at lower levels and oscillates between 3.80 and 3.90 reais. Friday, in the absence of national news likely to influence the US currency trading, the currency was largely based on the external scenario, marked by an increase in risk appetite in emerging countries . As a result, the real is better behaved against the dollar today among the major currencies of the world. The spot dollar closed at R $ 3.88949, close to the lows, down 0.88%. During the week, the cumulative decline was 0.43% and, in the month, it decreased by 0.72%.

British Columbia maintained the strategy of other days and made only the daily sale of swap contracts in the future market), in a transaction that totaled $ 700 million. Operators report that with the greater willingness to take risks on the part of foreign investors, there was an influx of resources into the country. External debt of $ 500 million ($ 500 million), announced last Thursday, 12 also contributed to lower exchange rates. It was the first external issue of a Brazilian company since May. The demand for newspapers amounted to 1 billion US dollars.

"The dollar has responded to foreign movements today," said Fernanda Consorte, exchange rate strategist at Ourinvest Bank. Despite the truce, she pointed out that the trend is the volatility of the exchange rate. The presidential election, still uncertain, is expected to gain momentum in the coming weeks as the national party conventions, which will elect the presidential and parliamentary candidates, come to an end. build coalitions. The deadline is August 5th. The deadline for the registration of candidates is August 15th.

In the external scenario, Ourinvest's strategist stresses that the waiting continues with the development of trade tension between China and Washington. In this scenario, China's activity data should be closely monitored to badess the possible effects of the trade war.

The medium-term dollar trend is strong, says Wagner Investments director José Faria Junior. For him, at the moment, the dollar near $ 3.80 is an opportunity to buy. In party conventions, the market will particularly watch who the Center will support, whether it will be more hooked on General Alckmin or Ciro Gomes. "If this block migrates to Cyrus, the market should not react well." In a report to clients, Guide Investimentos points out that he now does not see "a downward trend of the dollar here In the short term, the bias remains bullish."