FX.co ★ Ibovespa Trades Lower Ahead of Earnings

The Ibovespa advanced 0.5% on Tuesday, trading just below 186,000 points, as investors digested Brazil’s latest inflation figures and a heavy corporate earnings agenda. Brazil’s consumer price index (CPI) increased 4.44% year-on-year in January 2026, up from 4.26% in December and broadly in line with market expectations of 4.43%.

On the corporate front, Petrobras (+0.1%) is scheduled to release its fourth-quarter and full-year 2025 oil and fuel production and sales data after the market close. Earlier in the session, Motiva (-1%) and BB Seguridade (+2.8%) held earnings calls, while Suzano (+0.1%) and TIM (+0.6%) are due to report their results after the close.