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The commercial dollar fell to R$ 5.06 on Monday, while the Ibovespa lost momentum after opening trading higher. The performance of financial markets was influenced by the release of Brazilian economic indicators, information about the Chinese economy, and expectations regarding monetary policy in the United States.

Investors also followed the Focus Report, from the Central Bank, and the GDP Monitor, prepared by the Getulio Vargas Foundation (FGV), in addition to developments in the Brazilian electoral scenario and corporate market news.

Dollar today: US currency trading lower

Around 1 p.m., the commercial dollar was trading at R$ 5.060, down 0.27…

Original story from Reconecta News. Read the full report at the source →

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