FX.co ★ Ibovespa Falls for 3rd Session

The Ibovespa index experienced a slight dip, settling at the 157,000 mark. This decline mirrors a broader global unease, spurred by persistent concerns over potential inflationary pressures in the United States, which have prompted key Federal Reserve officials to caution against assuming another rate cut within the year. Concurrently, Brazil's earnings season progresses, with notable movements such as Azul's 6% drop following its report of an adjusted net loss of R$1.562 billion for the third quarter of 2025. Additionally, Cosan slipped by 1.8% ahead of its earnings announcement due later today. Oi's bankruptcy has been suspended, allowing it to continue under judicial recovery. In other market developments, Vale saw a decline of over 1% amid falling iron ore prices, whereas Petrobras enjoyed a 0.5% increase, buoyed by rising oil prices.