The speech of the always "super sincere Jerome Powell", who put his finger on the wound when speaking yesterday, conditioning the resumption of American economic activity to the political will of Congressmen, already wrapped in body and soul in the presidential elections scheduled for November 3, yet echoes in this opening of the negotiations in Europe and in the futures in NY that operate in the negative terrain early this morning.
In Brazil, the Central Bank's Monetary Policy Committee (Copom) maintained the basic interest rate (Selic) at 2%, as expected. This occurs after nine consecutive cuts.
Normally, forecasting low rates over a long period encourages stock purchases, but this was not the case yesterday, with the Nasdaq and S&P 500 indexes falling. This morning, New York futures indices signal that these markets are likely to open in the negative.
In Europe, investors will follow the UK Central Bank's monetary policy decision today, but a change in direction is not expected.
In Asia, the Bank of Japan kept its monetary policy unchanged. In its statement, the BoJ said the economy has started to improve but remains in a severe situation due to the impact of the pandemic. In the country, the Nikkei 225 closed down 0.67%.
The other Asian markets have also retreated. In China, Shanghai SE fell 0.41%. Hong Kong's Hang Seng index lost 1.56%. South Korea's Kospi index closed down 1.22%.
International WTI oil futures (NYMEX: CL \ V20) are trading at $ 40.24, close to stability. Brent (NYMEX: BZ \ V20) also operates stable, trading at $ 42.32.