Ibovespa Slides to 186K as Vale’s $3.8B Loss Hits B3

Ibovespa 186,293 −0.78% USD/BRL 5.2298 +0.73% Selic 15.00% unchanged Iron Ore $100.84 −0.07% The Big Three 1 The Ibovespa dropped 0.78% to 186,293 on the last session before Carnival, as heavyweight profit-taking overpowered a dovish U.S. CPI print that should have been bullish for risk assets. Vale fell 2.8% after reporting a $3.8 billion Q4 […]

Ibovespa Slides to 186K as Vale’s $3.8B Loss Hits B3
Ibovespa 186,293 −0.78% USD/BRL 5.2298 +0.73% Selic 15.00% unchanged Iron Ore $100.84 −0.07% The Big Three 1 The Ibovespa dropped 0.78% to 186,293 on the last session before Carnival, as heavyweight profit-taking overpowered a dovish U.S. CPI print that should have been bullish for risk assets. Vale fell 2.8% after reporting a $3.8 billion Q4 […]