Brazil’s Financial Morning Call for February 6, 2025
Brazilian financial markets are gearing up for a day filled with significant economic data releases from around the globe that are expected to influence market sentiment and policy directions.
Key on the agenda are various international indicators that provide critical insights into the health of the global economy. These events are crucial for Brazil, reflecting global business conditions, influencing expectations around inflation control measures, and affecting commodity markets due to Brazil’s export dependency.
Internationally, the day is marked by economic releases and policy decisions from major economies that will offer a global snapshot of economic health, potentially affecting investor sentiment and commodity markets.
Economic Agenda for February 6, 2025
Mexico
- 4:00 PM – Interest Rate Decision: Important for regional monetary policy expectations.
United States
- 10:30 AM – Initial Jobless Claims: Key indicator of labor market health.
- 8:30 AM – Continuing Jobless Claims: Provides further insight into employment stability.
- 8:30 AM – Nonfarm Productivity (QoQ) (Q4): Reflects efficiency in labor use.
- 8:30 AM – Unit Labor Costs (QoQ) (Q4): Indicates labor cost trends, influencing inflation expectations.
- 2:30 PM – Fed Waller Speaks: Possible insights into future Fed policy.
- 3:30 PM – FOMC Member Daly Speaks: More clues on U.S. monetary policy direction.
- 4:30 PM – Fed’s Balance Sheet: Updates on monetary supply and policy stance.
Canada - 10:00 AM – Ivey PMI (Jan): Gauges manufacturing sector conditions.
- 5:00 PM – BoC Gov Macklem Speaks: Could influence expectations about Canadian monetary policy.
United Kingdom
- 9:00 AM – Interest Rate Decision: Crucial for understanding UK’s economic direction post-Brexit.
- 4:30 AM – Construction PMI (Jan): Signals activity in the construction sector.
- 7:00 AM – BoE MPC vote cut, hike, unchanged (Feb): Voting details from the Monetary Policy Committee.
- 7:00 AM – BoE Interest Rate Decision (Feb): Direct impact on UK market.
- 7:00 AM – BoE MPC Meeting Minutes: Provides context to the rate decision.
- 9:15 AM & 4:05 PM – BoE Gov Bailey Speaks: Offers insights into future monetary policy.
Germany (EUR)
- 2:00 AM – German Factory Orders (MoM) (Dec): Indicator of manufacturing health.
- 11:15 AM – German Buba President Nagel Speaks: Comments on German and European economic policies.
- 12:00 PM – German Buba Balz Speaks: Further insights into German economic policy.
New Zealand
- All Day – National Day (Holiday): No economic data release due to holiday.
Japan
- 6:30 PM – Household Spending (MoM) (Dec) & (YoY) (Dec): Measures consumer spending trends.
India
- 11:30 PM – Interest Rate Decision: Influences Asian market dynamics.
Brazil’s Markets Yesterday
The Ibovespa gained traction with banks and Embraer’s record jet orders, reclaiming 125,000 points; the dollar rose to R$5.79.
The Ibovespa index climbed 0.31% to 125,534.07 points as the earnings season kicked off.
The U.S. dollar rose by 0.38% to R$5.7942, ending its series of declines.
U.S. Markets Yesterday
Wall Street closed higher as gains for most stocks outweighed drops for Alphabet and some other big-name companies following their latest profit reports.
- The S&P 500 rose 0.4% to 6,061.48.
- The Dow Jones Industrial Average added 0.7% to 44,873.28.
- The Nasdaq composite climbed 0.2% to 19,692.33.
Commodity Markets
Oil Prices
The market saw a significant drop with oil prices plummeting 2% due to soaring U.S. stockpiles and Trump’s strategy focus on Iran. Read more…
Gold Prices
Gold hit record highs before experiencing a sharp decline, influenced by economic uncertainties. Read more…
Bitcoin Prices
As of 08.00 AM CET on February 6, 2025, the cryptocurrency market presents a tapestry of caution mixed with selective optimism. Bitcoin (BTC) has seen a slight decline, trading at approximately $98,000 after a 1% drop overnight. Read more…
Cotton Output
The International Cotton Advisory Committee (ICAC) reports a significant rise in global cotton production for the 2024/25 season. Read more…
Companies and Markets
Brazil’s Industrial Downturn in December: The Brazilian Institute of Geography and Statistics (IBGE) reveals Brazil’s industrial production fell by 0.3% in December, marking the third consecutive month of decline. Read more…
Santander Brasil Q4: Santander Brasil’s Q4 2024 report from Reuters showcases a robust performance with a net profit of R$ 3.855 billion ($643 million), marking a 74.9% rise from the previous year. Read more…
Azul’s Shares Dip: Azul Linhas Aéreas has announced a significant capital increase, approving up to R$ 6.1 billion ($1.02 billion) to fortify its financial stance. Read more…
JBS Invests Heavily in U.S.: JBS USA announced a $200 million investment in its Texas and Colorado beef facilities on February 4, 2025, signaling confidence in American agriculture despite industry headwinds. Read more…
Outlook
Today’s global economic data releases and policy announcements will be pivotal. Investors will monitor these for signs of shifts in economic policies or market sentiment, especially concerning inflation, commodity prices, and interest rate expectations in response to these developments.
More: Brazil news in English, every day from The Rio Times.
Live Market IntelligenceBrazil Morning Call — Live Board
Rio Times · Live Market Intelligence
Brazil Morning Call — Live Board
-1.06%
204,324.26
-1.06%
67,663.29
+1.31%
10,971.88
+0.05%
2,859,051
+0.00%
2,580.50
-0.07%
59,543.73
+1.12%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| IBOV | 204,324.26 | -1.06% | +21.85% | 206,505.98 | 168,310 | 167,142 | — |
| USD/BRL | 5.16 | +0.01% | -5.13% | 5.16 | 5.18 | 5.14 | — |
| EUR/BRL | 5.95 | +1.01% | -5.83% | 5.89 | 5.98 | 5.94 | — |
| SELIC | 14.00% | — | — | — | — | — | |
| BRENT | 88.88 | -0.03% | +34.42% | 88.91 | 90.07 | 88.12 | 29,713 |
| WTI | 83.11 | -0.11% | +31.57% | 83.20 | 84.35 | 82.40 | 166,848 |
| IRON ORE | 161.91 | — | +58.10% | 161.91 | 161.91 | 1 | |
| GOLD | 4,461 | +1.78% | +33.20% | 4,383 | 4,503 | 4,421 | 139,824 |
| SILVER | 65.59 | +1.26% | +73.05% | 64.77 | 66.98 | 64.81 | 46,406 |
| LITHIUM | 75.20 | +1.47% | +62.95% | 74.11 | 75.80 | 75.08 | 89,275 |
| SOY | 1,184 | +3.20% | +17.05% | 1,148 | 1,199 | 1,168 | 163,179 |
| CORN | 480.50 | +10.02% | +29.34% | 436.75 | 480.75 | 459.50 | 341,248 |
| WHEAT | 655.00 | +3.93% | +29.70% | 630.25 | 657.75 | 631.50 | 128,793 |
| COFFEE | 317.25 | -5.51% | +0.67% | 335.75 | 321.20 | 313.55 | 21,747 |
| SUGAR | 16.43 | -1.79% | -3.01% | 16.73 | 17.11 | 16.22 | 171,992 |
| ORANGE JUICE | 138.55 | -0.47% | -45.38% | 139.20 | 141.05 | 137.50 | 703 |
| COTTON | 85.03 | +2.33% | +26.78% | 83.09 | 82.90 | 81.96 | 16,546 |
| BEEF | 223.60 | -3.93% | -5.18% | 232.75 | 226.40 | 223.00 | 16,126 |
| CATTLE | 339.10 | -3.16% | -1.82% | 350.17 | 345.50 | 338.60 | 10,164 |
| COCOA | 5,719 | +3.18% | -34.96% | 5,543 | 5,779 | 5,574 | 26,773 |
| PETR4 | 41.64 | -0.05% | +35.19% | 41.66 | 41.97 | 41.15 | 41,499,400 |
| VALE3 | 72.97 | +0.83% | +30.75% | 72.37 | 73.54 | 72.66 | 17,658,000 |
| SUZB3 | 41.33 | +2.35% | -23.55% | 40.38 | 41.48 | 40.35 | 3,914,900 |
| KLABIN | 17.69 | +0.80% | -2.95% | 17.55 | 17.74 | 17.48 | 2,057,400 |
| SLCE3 | 13.34 | +0.30% | -12.25% | 13.30 | 13.42 | 13.20 | 1,454,200 |
| ABEV3 | 14.89 | -0.80% | +21.91% | 15.01 | 15.07 | 14.81 | 16,453,100 |
| ITUB4 | 38.60 | -1.03% | +4.57% | 39.00 | 39.34 | 38.39 | 29,487,800 |
| BBDC4 | 16.85 | +0.36% | +3.50% | 16.79 | 16.90 | 16.67 | 19,416,900 |
| BBAS3 | 19.37 | +0.47% | +0.73% | 19.28 | 19.44 | 19.16 | 11,069,200 |
| B3SA3 | 14.26 | -0.21% | +12.73% | 14.29 | 14.47 | 14.11 | 33,037,800 |
| WEGE3 | 47.59 | +0.49% | +29.99% | 47.36 | 48.08 | 47.36 | 3,364,600 |
| PRIO3 | 59.14 | -0.19% | +50.67% | 59.25 | 59.81 | 58.74 | 3,325,600 |
| RENT3 | 34.68 | -0.09% | +0.84% | 34.71 | 34.96 | 34.35 | 7,979,100 |
| AZZA3 | 15.89 | -2.63% | -53.76% | 16.32 | 16.42 | 15.82 | 1,330,300 |
| CSNA3 | 4.30 | +0.47% | -42.65% | 4.28 | 4.41 | 4.26 | 10,076,100 |
| GGBR4 | 24.69 | +2.19% | +51.38% | 24.16 | 24.85 | 24.18 | 7,047,600 |
| ENEV3 | 24.21 | -1.38% | +70.49% | 24.55 | 24.64 | 23.99 | 9,297,000 |
| LREN3 | 11.87 | -1.33% | -28.65% | 12.03 | 12.17 | 11.83 | 9,683,300 |
This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief
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