1. Trump’s Tariff Pause Boosts Global Markets: One of the most prominent news today is the market reaction to U.S. President Donald Trump’s decision to announce a 90-day pause on tariff increases for various countries, except China. Yesterday, April 9, Asian markets opened sharply higher, and this trend is expected to continue today in European and American stock markets. In the U.S., the S&P 500 recorded an impressive jump of 9.5% the previous day, the largest daily gain since 2008, reflecting optimism among investors.
2. Ongoing Pressure on China: While the tariff pause brought relief to many countries, Trump intensified rhetoric against China, maintaining or even increasing tariffs on Chinese products. This could generate volatility in assets related to Sino-American trade, such as commodities and shares of exporting companies.
3. Reaction in Europe and ECB Expectations: In Europe, markets are expected to open higher today, driven by relief from trade tensions. Additionally, attention is focused on the European Central Bank (ECB), which recently cut interest rates to 3% and signaled a less restrictive monetary policy. Analysts expect Christine Lagarde to comment today on the impacts of Trump’s tariffs and the pace of future interest rate cuts.
4. Dollar and Commodities in Focus: The dollar strengthened globally yesterday following Trump’s announcement, and this strength may persist today, affecting emerging currencies like the Brazilian real. In the commodities market, oil rose on Wednesday due to geopolitical tensions and trade uncertainties, while gold increased as a safe haven amid fluctuations.
5. Brazil and the Ibovespa: In Brazil, the Ibovespa closed sharply higher on Wednesday, driven by giants like Vale and Petrobras, benefiting from a more positive global scenario. Today, investors will be attentive to local economic data, such as possible updates on the 2025 Income Tax by the Federal Revenue, and the impact of the strengthened dollar exchange rate.