[Brazil] - Brazil's Financial Morning Call for February 17, 2025

INSUBCONTINENT EXCLUSIVE:
Brazilian financial markets are poised for a significant trading session today, highlighted by crucial domestic economic indicators and
IBC-Br Economic Activity Index, which are essential for gauging inflation trends, investor expectations, and economic activity
respectively.These indicators will be pivotal for assessing the health of the Brazilian economy, especially in the context of recent market
movements and political developments.Globally, the U.S
Nonetheless, speeches from Federal Reserve members Harker, Bowman, and Waller could provide insights into future U.S
markets.These events are crucial as they could sway market sentiment, impact currency valuations, and affect commodity prices, particularly
Ibovespa index concluded the last trading day with a notable increase of nearly 3%, reaching 128,218.59 points, its highest this year
investor confidence in cyclical sectors.Petrobras was one of the standout performers, gaining over 3% after JP Morgan uplifted its price
target
Despite an initial positive reception, Caixa Seguridade ended the day in negative territory after releasing its Q4 results.Read
Markets on FridayThe U.S
markets showed mixed results with the S-P 500 barely moving, the Dow Jones dipping, and the Nasdaq slightly up, influenced by corporate
earnings reports and economic data indicating weaker retail sales.Commodity MarketsGold PricesGold prices have dipped below $2,900 as
PricesBitcoin has maintained stability around $96,000, navigating through broader market volatility, with altcoins experiencing sell-offs
fluctuations
preference in these turbulent times
operations
speeches, particularly from Fed members, which could signal shifts in monetary policy.The positive performance of major Brazilian companies