Home BusinessDollar Rises and Closes at R$ 5.22

Dollar Rises and Closes at R$ 5.22

by Bruno Pferd

Key Takeaways

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  • U.S. inflation slowed down in January, with consumer prices rising by 0.2% compared to December, and an annual increase of 2.4%. The federal government shutdown contributed to the delay in reporting the data.
  • Brazils retail sales decreased by 0.4% in December compared to November but increased 2.3% year-over-year.
  • Supreme Federal Court (SFC) Minister Dias Toffoli requested a change of rapporteur in the Banco Master case in Brazil, with Andre Mendonca taking over further decisions.
  • The U.S. inflation rate remains above the Federal Reserves target, potentially leading to sustained high interest rates. This news reflects a mixed economic and political landscape in both countries.

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U.S. Inflation Slows Down Amid Federal Shutdown, Brazil’s Retail Sales Drop and Political Change

On Friday the 13th, the dollar closed with a 0.57% gain, ending the day at R 5.2293, while Brazil’s Ibovespa stock index dipped near the close of trading. The major economic news was the release of U.S. inflation data, which showed consumer prices rose by 0.2% last month—a slowdown from December’s 0.3% increase and below market expectations. The year-over-year change was 2.4%, down from the previous month’s 2.7%. The U.S. government shutdown the previous week delayed the report’s release. Inflation remains above the Federal Reserve’s target, potentially leading to sustained high interest rates. In Brazil, retail sales decreased by 0.4% in December compared to November but rose 2.3% year-over-year, according to the IBGE. Meanwhile, in Brazil’s political sphere, Supreme Federal Court (SFC) Minister Dias Toffoli requested a change of rapporteur in the Banco Master case. As reported by G1, all actions taken by Toffoli during the investigation will stand, with Andre Mendonca, the new rapporteur, responsible for further decisions. These developments reflect a mixed economic and political landscape.

In Case You Missed It

In a week filled with thrilling updates for gamers, Sophie Laurent has kicked things off by revealing the latest batch of games joining PS Plus Premium and Extra catalogs this February 17th. Get ready to swing into action with Insomniac Games’ Marvel’s Spider-Man 2 on PS5, where Peter Parker and Miles Morales team up like never before. But that’s not all – there’s a diverse lineup including Test Drive Unlimited Solar Crown, Neva, Season: A Letter to the Future, Monster Hunter Stories series, Venba, Rugby 25, and even Disney Pixar Wall-E! Mark your calendars as Sophie guides you through the full rundown February PS Plus Premium and Extra Games Revealed. Meanwhile, Marcus Thompson has exciting news for medieval history buffs – Kingdom Come Deliverance is receiving a “Next-Gen” update for PS5 and Xbox Series X|S! Warhorse Studios has optimized performance up to 60 fps, enhanced graphics quality, and ensured seamless save transfers. This free upgrade is a must-read about Kingdom Come Deliverance Receives “Next-Gen” Update for PS5 and Xbox Series X|S. But wait, there’s more! Carlos Mendoza has just dropped the full trailer for Silent Hill: Townfall during Sony Interactive’s State of Play event. This psychological horror gem from Screen Burn sees you navigate fog-laden streets and evade terrifying foes as Simon Ordell in his quest to right past wrongs on St. Amelia Island. Get ready to be immersed in spine-tingling atmosphere with this harrowing adventure, now available for viewing via the official trailer here Silent Hill: Townfall Unveils New Trailer During Sony Interactive’s State of Play.

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