SÃO PAULO, SP (FOLHAPRESS) – Oil attained its lowest value in this fifth-feira (14) since the outbreak of the Ukrainian War. The barrel of Brent chegou to be sold below two US$ 95 (R$ 518). There was no recovery at the end of the afternoon, and commodities walked to close or close to stability (high of 0.17%), valued at US$ 99.74 (R$ 544.20).
The invasion commanded by the Russian president, Vladimir Putin, led to a shot of oil not coming this year, which led to spending over two US$ 130 as countries impunham sanctioned the country, one of the two largest world exports of commodities.
The curfew movement, now, occurs in the wake of fears of global inflation and its impact over demand.
“Commodities are their best economic indicator, and what they are saying is that there is pain in sight for the economy,” said oil specialist Stephen Schork in the Financial Times.
Either tombo this fifth occurs a day after inflation in the United States has been renewed at a higher rate in four decades, or that the markets have to bet that the Fed (Federal Reserve, or American central bank) will promote a higher rate of juries even more aggressively than than an expected
Or open to credit with the objective of stopping prices high in the main economy of the planet, but the collateral effect could be a world recession.
This scenario levies investors to estimate the stays of industrial activity, not consumption and the arrecadação of taxes. It is a perception that causes the general devaluation of company shares and the depreciation of raw materials such as oil.
The context of greater monetary openness in the US and fear of a global recession is adverse for emerging markets, with great dependence on commodities, such as the Brazilian.
The Brazilian Stock Exchange fell in fifth place at its lowest point in 20 months. Com loss of 1.80% overnight, or benchmark Ibovespa mergulhou index to 96,212 points, its lowest point since November 3, 2020.
Considerable part of the decline in the stock market in Brazil was caused precisely by the commodity sector’s tombo, with emphasis on the fact that two futures contracts for iron mining did not end this afternoon. A mining company Vale despencou 6.66%.
As most traded shares of Petrobras fell 2.69%.
In search of insurance, investors will seek assets linked to the dollar. Houve global appreciation of the American currency, second or indicator of Bloomberg.
No Brazil, or dollar rose 0.51%, years R$ 5.4320. During the pregão, it will be priced at R$ 5.49, no more than one day.
In the United States, a start of the balanços season helped or New York stock market to leave the minimum recorded throughout the day. Still assim, or reference indicator S&P 500 registered a drop of 0.30%. Or Dow Jones, which follows the companies of great value, lost 0.46%.
Contramão, or the technology sector represented by the Nasdaq index, showed a slight increase of 0.03%.
In addition to observing abroad, investors from the Brazilian market also weighed the approval of the PEC (proposed amendment to the Constitution) that extends social benefits in the electoral year.
To increase spending in the face of a scenario of global inflation and risk of recession, a measure that could create obstacles to the execution of the Orçamento in 2023, considering a scenario of revenue loss.
An indicator that reflects mistrust in Brazil is called risk-country, measured by CDS, or Credit Default Swap, a type of contract that protects investors against evasion.
The CDS contracts for five years will renew a new maximum in this fifth and we will reach 329 points. It has been at its highest since May 2020, when risk perception triggered due to the start of the pandemic.
Despite two fears for a more distant horizon, Rodrigo Marcatti, economist and president of Veedha Investimentos, highlights some short-term opportunities provided by the PEC.
Very discounted sectors, such as varejo, can be benefited not short term, second or economist.
“There are actions that will not change with 90% remaining in a year and a correction would be natural,” he says. “EITHER [aumento no] Auxílio Brasil e alívio no custo de energia vao chegar directly à população more endividad. Isso could help or varejo”, they comment.
In fourth-feira (13), the markets had a day of volatility caused by the new jump of inflation in the States.
The urban consumer price index in the United States reached a record 9.1%, not accumulated in the 12 months to June. This was the major advance since November 1981.