Real Time: Ibovespa falls waiting for Caged; dollar rises

Follow the Ibovespa and the markets in Real Time. The Ibovespa (IBOV) tries to sustain the 137,000 points and operates waiting for new employment data. According to Broadcast Projections, Brazil is expected to create 135,000 formal jobs in July, a slowdown from the 166,621 positions reported in June. The data is scheduled for 2:30 pm (Brasília time). After the numbers are released, the Minister of Labor and Employment, Luiz Marinho, will hold a press conference in Brasília. Investors are still reacting to statements from the Finance Minister, Fernando Haddad, and await new statements from the President of the Central Bank, Gabriel Galípolo. Overseas, focus is on Nvidia’s earnings report, to be released after the market close. Tension between U.S. President Donald Trump and the Federal Reserve continues to be on the radar.