| IBOVESPA -0,19% (175.930,00) | DOLAR 0,29% (5,12) | S&P 500 -0,54% (750,72) | Dow 30 -0,34% (524,33) | Nasdaq 3,24% (94,23) | Bitcoin -0,14% (63.680,00) | Ethereum 0,00% (1.860,00) | Cboe 0,28% (277,89) | Russell 2000 -0,30% (295,30) | FTSE 100 0,39% (197,18) | DAX PERFORMANCE-INDEX -0,34% (44,19) | CAC 40 2,57% (55,59) | Nikkei 225 -2,37% (1,69) | SSE Composite Index -1,56% (1,28) | Shenzhen Component -1,84% (1,63) | KOSPI Composite Index 6,47% (2.780,00) | TA-125 -0,81% (11.060,00) |
Long-term US Treasury yields rose above 5%, driven by a Moody's downgrade and concerns about the growing fiscal deficit, while Bitcoin hit new records. The week will be marked by Fed communications and Nvidia earnings.
The US stock market, measured by the S&P 500, ranks among the worst global performers in 2025 through mid-May, while European markets such as Poland, Austria, and Greece show strong gains driven by ECB rate cuts and industrial recovery.
After President Trump delayed the application of 50% tariffs on EU products to July 9, major European indexes opened higher, with the Euro Stoxx 600 up 1%, DAX 1.67%, and US futures also reacting positively.
A survey by S&P Global shows US business activity grew in May, with the composite PMI rising to 52.1, but costs increased by Trump’s tariffs suggest accelerating inflation and stagflation risks.
According to S&P Global, despite the recent reduction in tariff risks, trade uncertainties may still affect global growth, projected at 2.2% for 2025 and 2.4% for 2026, with China's recovery standing out.
The cryptocurrency market remains bullish, with Bitcoin surpassing its previous record, boosted by regulatory clarity and a weaker US dollar.
The year's largest IPO, from Chinese battery maker CATL, surged 31% on its first trading day, highlighting interest in technology and clean energy.
In Asia, Japan's Nikkei 225 and South Korea's Kospi rose, while Australia's ASX 200 and Hong Kong's Hang Seng fell, reflecting regional and global uncertainties.
Federal Reserve officials indicated they are likely to keep interest rates steady in upcoming meetings, monitoring the effects of trade tariffs on the economy.
European defense companies, such as Germany's Rheinmetall AG, saw gains of nearly 200% this year, driven by a 17% increase in military spending and regional security concerns.
The cryptocurrency market started 2025 with strong momentum, driven by regulatory, institutional, and cyclical factors. Clear regulations like MiCA in the EU and the pro-crypto stance of the Trump administration in the US have favored this scenario.
Bitcoin holds steady above $100,000, with Ethereum up 26% this week after the Pectra technological upgrade, improving efficiency and reducing fees.
The top 10 cryptocurrencies by market capitalization include Bitcoin ($2.18 trillion), Ethereum, BNB, Solana, XRP, Dogecoin, Cardano, Avalanche, Shiba Inu, and Polkadot.
The crypto market is sensitive to global macroeconomic data, such as interest rate decisions by the Fed and ECB. Major upgrades in Ethereum and increased Bitcoin adoption are reinforcing the market.
The crypto market rose 10.8% in April, boosted by the 90-day pause in US tariffs and Bitcoin's resilience as a hedge asset.
Stablecoin regulation is intensifying globally, with the EU fully regulating and the US, UK, and Asia developing frameworks.
Although focused on batteries, CATL's strong appreciation reflects growing interest in technologies linked to clean energy and blockchain.
Updates like Pectra in Ethereum and an increase in Bitcoin addresses with balances show the vitality of the networks, attracting more users and capital.
Expectations about interest rate decisions by the Fed and ECB impact crypto market volatility, with investors closely watching employment and inflation data.
Decentralized science (DeSci) is gaining ground, using blockchain to fund research like anti-aging. Tokenization of real-world assets and AI are growing areas for 2025.
