Petro

China changes monetary policy after more than a decade: The Chinese government announced its first change since 2010, adjusting policies to boost economic growth. The move reflects an attempt to mitigate economic risks and stimulate local markets.
- Expectations about the Selic rate in Brazil: The market is preparing for a possible new increase in the interest rate defined by Copom this week. In addition, the IPCA (inflation indicator) will be one of the main focuses of the market, influencing economic projections for 2024.

The <t-37/><t-38/>#Petro Petro, the cryptocurrency created by the Venezuelan government in 2018, was promoted as a stablecoin backed by natural resources such as oil, gold, and diamonds. Nicolás Maduro presented it as a solution for the Venezuelan economy, but its implementation faced multiple problems. Despite its ambitious launch, the Petro never managed to establish itself as a reliable digital currency. In March 2023, all operations with the Petro were suspended following a corruption scandal at PDVSA, in which billions of dollars were diverted. Although it initially saw some use in paying taxes, salaries, and services, its adoption was limited and its value was fixed at $60 by the government, which generated distrust. Currently, the Petro appears to be in an "induced coma," with little prospect of recovery.