2025.09.0413:50:51UTC+00Ibovespa Edges Higher on Fed Cut Expectations

The Ibovespa made slight gains, approaching the 140,000 threshold on Thursday, as it was buoyed by a global decline in bond yields, spurred by softer labor market data from the United States. This shift has led markets to predict almost certain rate cuts in the upcoming Federal Reserve meeting, providing a lift to pivotal Brazilian economic sectors reliant on reduced credit expenses. Locally, focus has shifted to the forthcoming report on August’s trade balance, anticipated to reflect the repercussions of US-imposed tariffs on exports. On the corporate scene, the performance of major banks was mixed, with Itaú Unibanco rising by 0.3%, while Banco do Brasil declined by 0.4%. Meanwhile, Vale experienced a 0.7% increase, but Petrobras saw a slight decrease of 0.1%.