20 July 2026, 17:52 Brazil: Ibovespa Edges Higher After Focus Survey.
The Ibovespa inched up to trade close to 174,000 on Monday as the BCB's Focus survey showed the market lowered its 2026 inflation forecast for the third consecutive week. The 2026 IPCA forecast was revised down to 5.15% from 5.16% a week earlier and 5.33% one month ago. The market also maintained its forecast for the benchmark Selic rate at 14.00% by the end of 2026 for the fourth consecutive week. Financials traded higher, with Ita
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