Forex news and forex forecasts

07/02/2026 01:45

Brazil: Ibovespa Rebounds at Week's End.

The Ibovespa closed 0.5% higher at 182,950 on Friday, recovering earlier losses and extending recent gains as strength in select cyclicals and domestic stocks offset lingering caution around banks. Financials remained a drag, with Bradesco slipping again after its cautious 2026 guidance continued to outweigh solid recent results, while Banco do Brasil and Santander Brasil also eased. In contrast, Ita