Dollar rises for the 3rd straight session and closes at R$ 5.75
The dollar rose 0.13% to R$ 5.7596, while the Ibovespa dropped 0.94% amid uncertainty over tariffs imposed by the US.
Weekly Bulletin - World
Sharp drop in US stock futures after new Trump tariffs
S&P 500 futures fell 4.8%, Nasdaq dropped 5.3%, and the Dow Jones lost 1,700 points, following last week’s historic selloff that wiped out $6.6 trillion in market value.
Impact of Trump tariffs on global economy
10% tariffs on all imports to the US began Saturday, with more increases expected by Wednesday. Economists warn of a looming US recession and global economic slowdown.
Global markets in free fall
The implementation of tariffs triggered sharp declines in Asian and European markets, with the FTSE 100 and Germany’s DAX dropping over 2%. Oil and gold were also affected.
China hits back with trade retaliation
China announced tariffs of up to 34% on US imports and imposed export restrictions on critical minerals, escalating trade tensions between the two nations.
US recession forecast for late 2025
JPMorgan analysts predict a US recession by year’s end due to the impact of tariffs, as investors seek liquidity amid growing economic uncertainty.
Markets enter bear territory
With losses exceeding 20% from recent peaks, indexes like Nasdaq and Russell 2000 have officially entered bear market territory, signaling a major market correction.
Oil prices fall, bond volatility surges
Oil dropped to its lowest level since 2021, while US Treasury yields saw major swings, reflecting heightened economic fears.
Trump defends tariffs as “economic medicine”
Despite financial market turmoil, Trump said tariffs are necessary to fix trade imbalances and strengthen the US economy in the long term.
Investors seek safe-haven assets amid crisis
Currencies like the Japanese yen and Swiss franc gained strength as investors looked for safety, while gold saw some profit-taking after an initial surge.
Fed policy affected by tariff uncertainty
Uncertainty over the effects of the tariffs has led the Federal Reserve to adopt a cautious stance, with speculation over possible future interventions to stabilize markets.
Top Gainers
- CVS Health (CVS): Shares rose 50.9% in 2025, leading the S&P 500 gains, driven by strong financials and expansion in healthcare services.
- Philip Morris International (PM): Shares advanced 31.9% in 2025, benefiting from a diversified product strategy and global expansion.
- Newmont Corp. (NEM): Shares gained 29.7% in 2025, boosted by rising gold prices and improved operational efficiency.
- Consolidated Edison (ED): Shares rose 23.9% in 2025, supported by growing demand for energy infrastructure and solid financial stability.
- Micron Technology Inc. (MU): Shares climbed 22.3% in 2025, fueled by strong demand for semiconductors used in artificial intelligence applications.
Top Losers
- Carvana Co. (CVNA): Shares dropped significantly due to pressure on the automotive sector and high volatility in used car sales.
- Sea Ltd ADR (SE): Shares declined due to slowing sales growth and uncertainty surrounding economic recovery in Asia.
- UP Fintech Holding Ltd ADR (TIGR): Shares fell amid market volatility in Asia and regulatory pressure.
- Dingdong (Cayman) Ltd ADR (DDL): Shares dropped sharply due to a slowdown in China's food delivery market and intense competition.
- Palantir Technologies Inc. (PLTR): Shares declined due to uncertainty over government contracts and volatility in the tech sector.
