In today's Focus report, some interesting events occurred.
The first is that the perception of inflation for the end of 2023 fell 2 basis points compared to the previous week, but rose 1 basis point for 2024.
Thus, the perception of inflation remains on the investor's radar.
Another interesting fact is that the market projects the exchange rate at R$5.05 for the end of 2024. This forecast has been maintained in several consecutive reports, which is a little curious. If inflation is expected to tighten more than revised, the exchange rate should rise as well . Did the forecasts in the United States have an influence? You bet!
Why is it important for us to observe the Focus Report?
This is data that gives us insights into the direction we are taking. Remember that this report does not need to be 100% correct for you to make money in this market, as long as you are less wrong and know how to use the information!