Preveja.com · Real-time prediction markets

Infomoney.com.br · G. Rok ·

Ibovespa Above 185 Thousand: Dollar Falls with Weak PCE in the US and Europe Aims for Payment Autonomy

Brazilian stock market operates in the green with falling futures interest rates; European groups unite against Visa and Mastercard while American inflation eases pressure on the Fed.

Ibovespa Above 185 Thousand: Dollar Falls with Weak PCE in the US and Europe Aims for Payment Autonomy

Market Opening

The Ibovespa started the trading session this Wednesday (30) in positive territory, surpassing 185 thousand points. The index reached 186,724 points after the opening auction, driven by the positive reaction to inflation data in the United States.

The commercial dollar fell to the range of R$ 5.17, renewing daily lows. Future interest rates also operated lower throughout the curve, reflecting the expectation that the Federal Reserve may pause interest rate hikes.

Inflation Data Cheer Wall Street

The core PCE index, the Fed's preferred measure, rose 0.2% in August, below the forecast of 0.3%. The annual reading also came milder than expected. In New York, Dow Jones, S&P 500 and Nasdaq opened with moderate gains.

Europe Creates Its Own Payment Network

Meanwhile, five major European payment groups announced the creation of the European Network for Payments (ENP), headquartered in Madrid. The joint venture brings together Bizum (Spain), Bancomat (Italy), Wero (Belgium), SIBS-MB WAY and Vipps MobilePay, totaling 130 million users in 13 countries.

The goal is to connect national systems through a common technical layer based on instant payments, reducing dependence on American brands such as Visa and Mastercard.

Highlights in Brazil

The external scenario, with Treasuries still under pressure and commodities on the rise, remains on investors' radar until the close.

← Blog