Ibovespa increases after the government’s decline in IOF; Dollar drops 64 5.64
Oh Ibovespa Friday (23) closed in light discharge, but agents have the consequences of raising and raising IOF In addition to the president’s tariff threats, the government is from a certain part of the actions before and immediately USA, Donald Trump.
The Brazilian stock market’s reference index rose 0.40%to 137,824.29 points. Earlier, the bag fell more than 1%. Ibovespa decreases by 0.98% during the week.
Already 0.24%of the dollar’s view has fallen, R $ 5,6473 in sale. During the week, the US currency accumulates 0.38%.
Scene in Brazil
Oh The government announces IF elevations on Thursday afternoon The impact on companies, exchange rates and private pension activities, in 2025, is expected to collect R $ 20.5 billion in 2025 and R $ 41 billion by 2026, as budget costs have also been announced on Thursday, which will contribute to the zero deficit financial target this year.
However, during the night, the government has diminished from some of the actions announced by the government, changing the procurement profits to approximately 6 billion. A new decree was published in the Federal Official Gazette on Friday morning.
According to Finance Minister Fernando Haddad, a period of timely review “ULATION HOME” About investments or other messages inhibition that is different from the government’s goal.
“We understand that the farm or the government is not involved in preventing ulation, preventing outdoor investment, that we have no connection with it, and that we understand that the matter is worth reviewing,” he said in a previous press.
According to analysts heard by Reuters, the communication of the market’s negative reaction measure for the actual pressure of this session is not necessarily with the background.
The government made the announcement on the same day that the ministries were released on the expenses of the ministries to comply with the rules of zero deficit target and tax framework.
“The government has faced a difficult problem with the financial adjustment, and we know the trouble and tears and tears for it. Again, due to the failure of the communication strategy, it is considered bad,” said Operations Director Fernando in Fernando Bergas at FB Capital.
“Our opinion is that it is not possible to change retail. So the market is very badly digested. This growth in IOF has been an effort for a higher control over dollars from the dollars of the IOF,” he said.
For bergcle, “root correction is completely welcome”.
International context
In an external scenario, US President Donald Trump has paid trade tensions after states before him The government may impose 25% tariff on Apple for iPhones soldBut not made in the country and it is From June 1, the European Union recommends a 50% rate.
The US trade policy is a major factor in the decision of investors this year, and analysts fear that Trump will cause high rates on some major business partners.
Tax concerns with the world’s largest economy continue to be radar, and after the US representatives passed the tax law, it could add trillion dollars to the country’s debt.
Dollar Index-It measures US currency performance against six currency-fell from 0.60%to 99.311.
*With information from Reuters
