Real Time: Ibovespa rises and maintains record level with deceleration of IPCA higher than expected; dollar falls and operates below R$ 5.30

The Ibovespa (IBOV) exceeds 157,000 points for the first time with risk appetite abroad amid expectations of the end of the shutdown of the U.S. public machine, corporate earnings, and a greater deceleration of Brazilian inflation than expected are moving the session. The IPCA rose by 0.09% in October, after registering an increase of 0.48% in September. The expectation was for a 0.16% advance in the period. In addition, the Copom minutes reinforced that it will keep interest rates significantly contractionary for an extended period to ensure inflation convergence to the target. Overseas, the U.S. Senate passed a bill to unlock funding for the country’s public machine amid the longest shutdown in history. The expectation is for the House to approve the text later this week and the proposal to move to presidential sanction.