INSUBCONTINENT EXCLUSIVE:
points.Stronger-than-expected U.S
inflation data, falling oil prices amid potential progress in Ukraine ceasefire talks, and significant declines in banking stocks drove the
Meanwhile, the dollar ended slightly lower at R$5.7631, a 0.08% decrease.Carrefour Brasil (CRFB3) led gains on the Ibovespa after its French
parent company, Carrefour S.A., proposed converting the Brazilian retailer into a wholly owned subsidiary, signaling its potential delisting
from the B3 exchange.TIM (TIMS3) also posted gains for the second consecutive session following its announcement of a share buyback program
shortly after releasing its fourth-quarter 2024 results.However, heavyweights like Petrobras (PETR4; PETR3) and Vale (VALE3) extended losses
Petrobras mirrored declining oil prices, while Vale remained under pressure.Ibovespa Drops Over 1% as Bradesco and Wall Street Weigh
The Consumer Price Index (CPI) rose 0.5% in January compared to the previous month and climbed 3% year-over-year, exceeding market
interest rates sit between 4.25% and 4.50%.Following the CPI release, financial markets shifted expectations for rate cuts in 2025, now
inflation target but emphasized that more work remains to achieve it fully
indices reflected mixed sentiment.The Dow Jones fell 0.50% to close at 44,368.56 points, the S&P 500 dropped 0.27% to 6,051.97 points, while
the Nasdaq edged up 0.03% to finish at 19,649.95 points.This mix of domestic and international pressures underscores growing uncertainty in
Investors continue to weigh inflationary trends and geopolitical developments.
