Brazil’s Ibovespa Falls on Weak Economic Data, U.S. GDP Surprises

The Ibovespa index experienced a downturn on Thursday, reflecting a market correction. This movement occurred alongside the release of lower-than-expected IGP-M economic data. The market is still assimilating the nomination of Gabriel Galípolo as the next president of the Brazilian Central Bank. Closing slightly down by 0.95%, the Brazilian stock market‘s main index ended the […]