Overview

• U.S. PCE inflation rose 0.3% on the month and 2.7% on the year in August, matching forecasts and reinforcing expectations for additional Fed easing in 2025.
• CME monitoring showed the probability of two 25-basis-point cuts this year climbing to about 65%, while the DXY index fell roughly 0.41%.
• Wall Street closed higher after a volatile session, with the Dow up 0.65%, the S&P 500 up 0.59%, and the Nasdaq up 0.44%.
• In Brazil, the real strengthened to R$5.338, short and intermediate DI futures eased, and the Ibovespa finished at 145,446.66 points, up 0.10% on the day but down 0.29% for the week.
• Company news drove dispersion on B3: Braskem plunged 14.81% after hiring advisers for a capital-structure review, Vale fell around 2% on weaker iron ore, and Petrobras turned lower to close down 0.34% after early support.