{"id":1636,"date":"2025-11-13T22:35:47","date_gmt":"2025-11-14T01:35:47","guid":{"rendered":"https:\/\/www.pulseq.com.br\/bolsa-e-dolar-oscilam-com-expectativa-de-juros\/"},"modified":"2025-11-25T03:38:58","modified_gmt":"2025-11-25T06:38:58","slug":"stock-market-and-dollar-fluctuate-amid-interest-rate-expectations","status":"publish","type":"post","link":"https:\/\/www.pulseq.com.br\/en\/stock-market-and-dollar-fluctuate-amid-interest-rate-expectations\/","title":{"rendered":"Stock market and dollar fluctuate amid interest rate expectations."},"content":{"rendered":"<div class=\"pulseq-podcast\" style=\"margin-top:80px\">\n<p><strong>Podcast about the subject<\/strong> Listen on <a href=\"https:\/\/open.spotify.com\/show\/3tQwvrtFgKqlILQ2MTjFUu?si=3259dfe6eece43e4\" target=\"_blank\" rel=\"noopener\">Spotify<\/a><\/p>\n<p><audio controls preload=\"metadata\" src=\"https:\/\/www.pulseq.com.br\/wp-content\/uploads\/2025\/11\/pulseq-podcast-1636-1.wav\"><\/audio><\/div>\n<p>The Brazilian stock market and the dollar showed mixed movements this Thursday (13), reflecting investor caution in the face of domestic economic indicators and international negotiations. The Ibovespa closed with a slight drop of 0.07%, quoted at 157,632 points, while the dollar rose 0.10%, traded at R$ 5.30.<\/p>\n<h3>Interest rate and inflation expectations<\/h3>\n<p>The financial market is closely watching the minutes of the Monetary Policy Committee (Copom), released this week, and the October IPCA (Consumer Price Index). If inflation comes in below expectations, there is an expectation that the Central Bank will begin cutting the Selic rate as early as January, instead of March 2026. The prospect of lower interest rates tends to stimulate investments in the stock market.<\/p>\n<h3>Retail trade and production<\/h3>\n<p>Data from IBGE showed a 21% increase in retail sales in September compared to the previous year, but with uneven regional variation: Tocantins led the increases (3.21% increase), while Maranh\u00e3o and Roraima registered declines. In the broader retail sector, Tocantins had strong growth (11.4% increase), but S\u00e3o Paulo and Paran\u00e1 showed declines.<\/p>\n<h3>Brazil-US meeting and tariffs<\/h3>\n<p>Brazilian Foreign Minister Mauro Vieira and U.S. Secretary of State Marco Rubio met in Niagara Falls to discuss tariffs imposed by the U.S. government on Brazil. The Brazilian government is seeking to reverse the 40% tariffs on domestic products, which could impact exports and productive sectors.<\/p>\n<h3>Corporate results<\/h3>\n<ul>\n<li><strong>Casas Bahia:<\/strong> Revenue grew in Q3 2025, but net loss exceeded expectations due to financial expenses.<\/li>\n<li><strong>Bank of Brazil:<\/strong> Profits fell short of expectations due to increased provisions, especially in rural credit.<\/li>\n<li><strong>Ultracargo:<\/strong> EBITDA fell due to a less favorable mix, while Hidrovias saw operational improvements and a reduction in leverage to 1.7x.<\/li>\n<\/ul>\n<h3>Impacts and perspectives<\/h3>\n<p>The external environment and the decisions of the Copom (Brazilian Central Bank&#039;s Monetary Policy Committee) should continue to influence the market in the coming weeks. Even though the stock market has accumulated a gain of 29,08% in 2025, volatility may persist given the political and economic uncertainties.<\/p>\n<p class=\"pulseq-ai-image-credit\"><small>Photo by Jacky Watt on Unsplash<\/small><\/p>","protected":false},"excerpt":{"rendered":"<p>The Brazilian stock market and the dollar showed mixed movements this Thursday (13), reflecting investor caution in the face of domestic economic indicators and international negotiations. The Ibovespa closed with a slight drop of 0.07%, quoted at 157,632 points, while the dollar\u2026<\/p>","protected":false},"author":0,"featured_media":1637,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow74DeCw:productID":"","footnotes":""},"categories":[110],"tags":[238,66,416,283,341],"class_list":["post-1636","post","type-post","status-publish","format-standard","has-post-thumbnail","category-negocios","tag-bolsa-brasileira","tag-dolar","tag-ibge","tag-juros","tag-tarifas"],"_links":{"self":[{"href":"https:\/\/www.pulseq.com.br\/en\/wp-json\/wp\/v2\/posts\/1636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pulseq.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pulseq.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pulseq.com.br\/en\/wp-json\/wp\/v2\/comments?post=1636"}],"version-history":[{"count":3,"href":"https:\/\/www.pulseq.com.br\/en\/wp-json\/wp\/v2\/posts\/1636\/revisions"}],"predecessor-version":[{"id":2727,"href":"https:\/\/www.pulseq.com.br\/en\/wp-json\/wp\/v2\/posts\/1636\/revisions\/2727"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pulseq.com.br\/en\/wp-json\/wp\/v2\/media\/1637"}],"wp:attachment":[{"href":"https:\/\/www.pulseq.com.br\/en\/wp-json\/wp\/v2\/media?parent=1636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pulseq.com.br\/en\/wp-json\/wp\/v2\/categories?post=1636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pulseq.com.br\/en\/wp-json\/wp\/v2\/tags?post=1636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}