US dollar rises 0.22% to BRL 5.1796 at the opening in Brazil

The US dollar opened Thursday's session up 0.22% near 9:00 a.m. local time, trading at BRL 5.1796. The currency accumulated a weekly gain of 0.47%, while showing a monthly drop of 0.23% and a year-to-date decline of 5.84%. Trading in Brazil's benchmark Ibovespa index, which accumulated gains of 0.32% on the week, 4.74% on the month, and 15.33% in the year, was scheduled to open at 10:00 a.m.

Global markets focused on a meeting between US President Donald Trump and Chinese President Xi Jinping during the United Nations General Assembly. The two nations signaled openness to extend their tariff truce expiring on November 10 or work toward a broader pact, alongside talks on artificial intelligence and semiconductor restrictions. Meanwhile, escalating rhetoric between the US and Iran pushed oil higher, with Brent rising 2.03% to $105.17 a barrel and West Texas Intermediate advancing 1.70% to $93.73.

In Brazil, investors awaited the Banco Central do Brasil's Monetary Policy Report for projections on economic activity and guidance on interest rate cuts. Overseas, Wall Street closed lower on Wednesday, with the Dow Jones dropping 0.66%, the S&P 500 falling 0.74%, and the Nasdaq Composite losing 1.10%. In Europe, the STOXX 600 fell 0.4%, Germany's DAX lost 0.66%, France's CAC 40 declined 0.39%, and the UK's FTSE 100 eased 0.03%.

Asian markets closed mostly down on Thursday as Hong Kong's Hang Seng fell 1.01%, China's CSI 300 lost 0.60%, and the Shanghai Composite slipped 0.39%, while South Korea's Kospi gained 0.90% and Japan's Nikkei remained closed.