empty

2026.03.2013:39:24UTC+00Ibovespa Set to End Week Lower After Hawkish BCB Tone

The Ibovespa fell nearly 1%, slipping below 179,000 on Friday, as investors digested a more hawkish tone from central banks amid rising tensions in the Middle East and warnings that the conflict could rekindle inflation. On Thursday, the BCB delivered a 25 basis point rate cut—half of the previously expected 50 basis points—and cautioned that war-related spikes in energy and commodity prices are pushing inflation forecasts away from the 3% target, leaving the path for interest rates uncertain.

Bank shares extended losses, with Itaú down more than 1% and Bradesco falling over 0.5%. Utilities also retreated, led by Sabesp, which dropped nearly 1.4%. Other notable decliners included Ambev, WEG, and Rede D'Or, each losing around 1%. In contrast, Petrobras advanced, continuing to benefit from higher oil prices amid the blockade in the Strait of Hormuz.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Binary Options are unavailable for trading in this region
Can't speak right now?
Ask your question in the chat.
Widget callback