Overview of 12/08
➡️ Stock markets rise slightly after the CPI (U.S. consumer inflation) comes in line with expectations, reinforcing the reading that the Fed may maintain stable monetary policy in the short term.
➡️ Geopolitics: Trump extends tariff truce with China for another 3 months (until 9/11), easing global trade tensions.
➡️ Brazil x China: Lula proposes to tighten trade relations; Haddad cancels meeting with U.S. representative. Today, the domestic market awaits the IPCA.
➡️ Crypto: Bitcoin declines to US$ 118,500 after Trump dismisses tariff on gold, a move that temporarily reduced risk appetite.
➡️ Institutional flows:
F&G: 68 (still optimistic sentiment)
BTC Dominance: 60%
BTC ETFs: +US$ 178 million
ETH ETFs: +US$ 1.018 billion 🤯 (a move signaling strong institutional interest in Ethereum)
➡️ Events: Rio Innovation Week in the spotlight.
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💹 Updated quotes
💰 Bitcoin: $119,196.45
🪙 Ethereum: $4,408.09
💵 Dollar: R$ 5.41
💶 Euro: R$ 6.29
💷 Pound: R$ 7.29
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