FX.co ★ Ibovespa Closes Flat

On Wednesday, the Ibovespa saw a slight uptick, closing at 131,190, as it modestly continued its recovery from the previous day's gains. This movement comes as investors prepare for the forthcoming announcement of U.S. tariffs. There is growing concern that the introduction of more aggressive reciprocal tariffs by the U.S. could disrupt global trade patterns and reduce demand for Brazilian commodities. These fears are particularly pronounced against the backdrop of potential downturns in U.S. economic activity. The international uncertainties are further exacerbated by domestic issues, such as fiscal imbalances and the likelihood of tighter monetary policies aimed at controlling inflation, both of which could escalate borrowing costs and pressure corporate profit margins. Additionally, the market remains cautious due to declining industrial output and a slowdown in manufacturing growth. Noteworthy performers in the session included Santander, B3, and Rede D'Or, which posted increases of 1.9%, 1.5%, and 1.4%, respectively. Conversely, most stocks remained stable or declined, with major players like WEG, BB Seguridade, Bradesco, and Embraer recording losses between 0.6% and 1.4%.