Overview

• The Ibovespa closed up 0.17% at 144,201 points after recovering from earlier losses in a thin session, though it fell 0.86% for the week.
• Local rates pared their rise, with the Jan-2031 DI at 13.615% after touching 13.69% as fiscal concerns continued to drive pricing.
• The dollar weakened after the U.S. government shutdown halted the payroll report, sharpening uncertainty around the Fed path, and U.S. stocks finished mixed.
• Petrobras extended a losing streak, with PN down 0.26% and ON off 0.75%, while Vale slipped 0.19% and bank shares showed mixed moves.
• Argentina’s economy minister Luis Caputo was reported traveling to the U.S. to seek finalization of a swap-line agreement with the Treasury.