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With the reduction in liquidity due to the Thanksgiving holiday in the United States and the half-day operation on Friday (24), the financial market faces additional challenges in achieving its objectives. Adapting to these operating conditions is crucial to achieving satisfactory results.
With the reduction in liquidity due to the Thanksgiving holiday in the United States and the half-time operation on Friday (24), there was a decrease in the strength of the Brazilian market compared to the previous week. However, the encouraging news from second round election of Javier Milei in Argentina over the current economy minister, Sergio Massa, boosted the Argentine stock market, which registered an increase of more than 20% in the first post-election closing. Furthermore, the minutes of the Federal Reserve and European central bank had little impact on the markets, which seem to believe in a break in interest rates, being favored by positive signals from the president of the ECB, Christine Lagarde. At the national corporate level, state-owned companies Petrobras, Cemig and Copasa were highlighted due to important definitions in relation to their strategic plans and possible federalization, moving the news.
With the improvement in economic indicators, mainly coming from the United States, analysts believe that the period of monetary tightening may be coming to an end, which will reprice global risk assets, including Brazilian ones. The sector of optical fiber, for example, which faced challenges with increased debt, can benefit from this scenario. Meanwhile, the possible federalization of state-owned companies Cemig and Copasa has caused concern in the market, which projects the return of inefficiencies if the government takes over these companies. The new strategic plan of the Petrobras for the next five years brought divergent expectations, with a forecast of an increase in investments, but with a decrease in the relative participation of the oil exploration and production segment.
Finally, the election of Javier Milei in Argentina could positively impact the cryptoactive market, bringing more access to dollarized products for the Argentine people and highlighting the growing importance of Bitcoin in the geopolitical scenario.
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Source: moneytimes
