Brazil’s Ibovespa deepens losses and falls 3% with reaction to Bolsonaro’s September 7 speeches

Stock market and dollar reacted to the unfolding of the demonstrations of September 7 since the opening of the trading session on Wednesday (8).

RIO DE JANEIRO, BRAZIL - At 2:39 PM, shortly after the expected statement by the president of the Chamber, Arthur Lira, about the acts and during a speech by the president of the STF, Luiz Fux, Ibovespa accentuated the losses, with a fall of 3.04%, to 114,289 points.

This score is the lowest since March. The spot dollar, meanwhile, accentuated the highs of earlier trading, advancing 2.45% to R$ 5.263.

Operators heightened caution after a new criticism by President Jair Bolsonaro of Supreme Court Justices Alexandre de Moraes and Luís Roberto Barroso, who is also . . .

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