empty
 
 

20.03.202620:38:04UTC+00Ibovespa Logs 4th Straight Weekly Decline

The Ibovespa tumbled 2.3% to 176,219 on Friday, marking its fourth consecutive weekly decline amid escalating conflict in the Middle East. The move signals a structural shift toward pricing in global geopolitical shocks, as the real slumped and long-term interest rates broadly climbed.

Although the BCB had already delivered a smaller-than-expected 25 basis point rate cut, the outlook for additional monetary easing has deteriorated, with war-driven energy costs pushing inflation projections further from the 3% target.

Major banks were hit hard: Santander and Itaú Unibanco each fell around 2%, while B3 SA – Brasil, Bolsa, Balcão dropped more than 4%. Even commodity heavyweights Vale and Petrobras were not spared from the broad risk-off mood, slipping 2.1% and 2.6%, respectively, as traders assessed the prospect of prolonged disruptions to global trade flows.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback