#Bank It was an adjustment day this Tuesday (09), a more technical movement, still reflecting the family's turmoil Bolsonaro, forcing the prominence to 01, Flavio Bolsonaro. As a result, the Ibovespa fell 0.52% to 158,187 points, and the dollar rose 0.26% to R$ 5.438.
The US future indices are operating higher this Wednesday (10), while investors prepare for the Fed's monetary policy decision. The market bets that the Central Bank will reduce its basic interest rate by 0.25 percentage points, as it did in its meetings in September and October.
Super Wednesday, with Copom and FOMC meetings simultaneously. In the US, the chances of a 0.25 pp rate cut are 89% at CME Group, while in Brazil, Copom is expected to choose to keep the Selic at 15%. In both cases, the expectation is for the communications that may signal the future decisions of monetary authorities. On the agenda, highlight for the IPCA of November (9 am), which may still adjust some bets for January. Regarding the Fed's decision, there is consensus about a new interest rate cut, which should be reduced to the range between 3.50% and 3.75% per year. But even so, Jerome Powell is expected to remain cautious, especially since he is in a clash with President Trump, who is in a hurry to replace him by May. Nevertheless, it does not seem that the delayed shutdown data is influencing the decision.
In Brazil, the vote in the Chamber on the dosimetry project exploded last night, which could remove Flavio Bolsonaro from the race and open space for Tarcísio de Freitas. Bolsonaro's sentence, for example, would drop to 20 years, after which he could spend only two years and a few months in closed regime.
