Market advances with weak employment data in the US – The Financier (press release) (Registration)

SAO PAULO – The Ibovespa operates higher on Friday (3) and the dollar lost ground against the real face of figures showing weak job creation in the United States, which endorses the US interest maintenance low level for longer.

the US employment report showed the creation of 38,000 new jobs in May, far less than the expected 155,000 jobs. On the other hand, the unemployment rate fell from 5% to 4.7%.

The value of metal commodities in the international market also favors the main stock index of the São Paulo Stock Exchange thanks to the impulse Vale. The price of iron ore rose 3.9% at US $ 50.08 a tonne.

The rise of the bag occurs even before news of politics playing against the need to control public spending .

in addition to the adjustment in the salary of several servers, the House also approved on Thursday the creation of 14,419 federal positions, according to calculation of Folha de S.Paulo newspaper.

according to a report in the O Estado de S. Paulo, the economic team Temer not even sent to Congress the project to establish the ceiling for public spending – with a limit inflation last year – and now admits “accommodate” the measure considered the main point of the tax package.

the interim president, Michel Temer, said in an interview with Jornal do SBT would not rule recreate the CPMF. He assured, however, that any increase in taxes, if any, will be temporary. In the interview, Temer also said that the proposed pension reform that the government plans to send to Congress will include a minimum age for retirement, also for civil servants.

Around 10:20, the Ibovespa rose 0 , 68% to 50229 points. The gains are widespread. Among the most liquid, especially Petrobras (PETR4) and Vale (VALE5) which had 0.95% gains and 1.87%, respectively.

In the corporate plan, and Restoque Inbrands signed a memorandum of understandings aimed at combining the operations and discuss the legal and economic bases of operation in the coming weeks. Shares of Restoque (LLIS3) shooting over 20%.

In the currency market, the spot dollar had depreciated by 1.41%, quoted at R $ 3.5350.

• Ibovespa

                                             

• stock market

                                             

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