Brazil Stock Market (BOVESPA)

Brazil’s Ibovespa gained 440 points or 0.4% to 115,668 in a volatile session, as equities try to recover from Monday’s 4.8% plunge.On Wednesday, President Jair Bolsonaro doubled down on its efforts to both replace the CEO of Petrobras and to privatize Electrobras, outperformer during the session. On the macro side, the IPCA-15 consumer price index … Read more

Dow Jones Industrial Average

Stock futures in the US traded slightly higher on Wednesday, attempting to recover from early losses as investors digest dovish comments from Fed Chair, high Treasury yields and expectations of stronger inflation. During his semimanual testimony to Congress, Fed Chair Powell reinforced the Fed is committed to current policy stance as the economic recovery remains … Read more