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2025.09.0914:06:36UTC+00Brazil Stocks Rise on Global Optimism

On Tuesday, the Ibovespa index experienced a 0.2% increase, surpassing the 142,000 mark, buoyed by a wave of global optimism in anticipation of a potential interest rate cut by the Federal Reserve next week. Market participants are closely watching forthcoming US inflation figures, with prevailing sentiment leaning towards a near-certain reduction of at least 25 basis points. On the domestic front, the Brazilian Supreme Court has resumed its proceedings against former President Jair Bolsonaro concerning allegations of a coup attempt, adding to the political uncertainty that continues to pose a risk. However, robust performances from Vale, which rose by 2%, and Petrobras, up by 1%, helped elevate the index, effectively counterbalancing declines observed in major banking institutions, with Itaú Unibanco down 0.7% and Bradesco decreasing by 0.5%.

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