FX.co ★ Ibovespa Closes the Week in the Red

The Ibovespa dropped 0.8% to close at 186,293 on Friday, as weakness in heavyweight stocks and profit-taking outweighed relief from softer U.S. inflation and lower domestic interest rates. Vale declined 2.8% after releasing its 4Q25 results and amid falling iron ore prices, while Banco do Brasil lost 2.3% and BB Seguridade slumped 9.6%, leading the financial sector lower. Petrobras was little changed despite higher crude oil prices, as U.S. sanctions relief for Venezuela reinforced expectations of abundant global supply. In the U.S., the January CPI rose 0.2%, below the 0.3% forecast, easing Treasury yields and pulling Brazilian DI rates down. Retail sales in Brazil are expected to post a ninth consecutive annual increase in 2025, though they should remain below 2024 levels. The Ibovespa will resume trading on February 18, after the Carnival holiday.