Brazil’s Financial Morning Call for February 13, 2025

INSUBCONTINENT EXCLUSIVE:
Brazilian financial markets are poised for a dynamic trading day as key domestic and international economic indicators come into focus
the release of U.S
data will provide insights into European economic conditions.These developments are critical for investors navigating a complex landscape
shaped by inflationary pressures, geopolitical uncertainties, and shifting trade dynamics
Market participants will closely monitor these indicators for their potential to sway currency valuations, commodity prices, and investment
Carrefour S.A., proposed converting the Brazilian retailer into a wholly owned subsidiary, signaling its potential delisting from the B3
dollar on Wednesday, reflecting market reactions to higher-than-expected U.S
inflation data
The dollar index (DXY) also saw minor fluctuations, closing at 107.939
Markets YesterdayU.S
stocks fell after a report said inflation is unexpectedly worsening for Americans.The S&P 500 dropped 0.3% Wednesday, though it had been on
track for a much worse loss of 1.1% at the start of trading
The Dow Jones Industrial Average fell 0.5%, while the Nasdaq composite wound up little changed.Stocks pared their losses through the day as
oil prices eased
for January
That reinforced bets the Federal Reserve may not cut interest rates this year.The S&P 500 fell 16.53 points, or 0.3%, to 6,051.97.The Dow
Jones Industrial Average fell 225.09 points, or 0.5%, to 44,368.56.The Nasdaq composite rose 6.09 points, or less than 0.1%, to
19,649.95.Commodity MarketsOil PricesOil prices dropped sharply as potential progress in Ukraine-Russia ceasefire talks gained momentum
Brent crude fell 2.36% to $75.18 per barrel, while WTI declined 2.65% to $71.37 per barrel
Rising U.S
week
Spot gold hovered near $2,884.51 per ounce amidst geopolitical tensions and persistent inflation concerns
around $96,650 despite broader market volatility driven by macroeconomic pressures
MarketsBrava Energia reported a production surge to 68,000 barrels per day in January, driven by offshore operations
contracted by 0.5% in December 2024 compared to November, according to the Brazilian Institute of Geography and Statistics (IBGE).Brazilian
Industry Closes 2024 with Growth: The Brazilian industrial sector recorded significant growth in 2024, with production increasing in 17 of
the 18 regions surveyed by the Monthly Regional Industrial Survey (PIM Regional)
totaling R$9.8 billion ($1.63 billion), according to a report by Bank of America (BofA)
The U.S
PPI figures could recalibrate expectations for Federal Reserve actions, influencing capital flows into emerging markets like
Brazil.Meanwhile, geopolitical developments and commodity price movements remain pivotal for Brazilian equities and the real.