The Ibovespa fell 0.6% to close at 189,579 on Monday as investors prepared for a week of earnings and central bank decisions. Brazil’s central bank is set to announce its decision on Wednesday, with markets expecting a 0.25 percentage point cut in the Selic rate despite a recent jump in headline inflation. The US Fed is expected to hold rates unchanged. Global oil prices rose due to stalled US Iran peace talks, heightening inflation concerns and leading investors to largely rule out rate cuts in developed markets this year. Major banks posted losses, with Ita