On Tuesday, October 10, the dollar began trading with a slight increase of 0.15%, priced at R$ 5.1955. Key to this market movement is the anticipated release of the IPCA, the official inflation index in Brazil, which is expected to provide insight into the economic health of the country. Recent data from IBGE indicated that prices rose by 0.33% in January and have increased by 4.44% over the past 12 months, slightly above market forecasts which projected a monthly increase of 0.32% and an annual rise of 4.43%.

In addition to the inflation data, Finance Minister Fernando Haddad is set to speak at a conference hosted by BTG Pactual at 9 a.m. This event will also feature U.S. Treasury Secretary Scott Bessent, who is scheduled to speak at 11:30 a.m. The discussions are expected to address economic policies that could influence both Brazilian and American markets, providing critical context for investors.

Moreover, the United States' economic indicators will also come into play later in the day, with data releases on import prices and retail sales for December, alongside business inventories. As market analysts keep a close watch on these developments, the interplay between Brazil and the United States' economic situations will be pivotal for traders and economists alike, further impacting the exchange rates and stock indices such as the Ibovespa, which will open at 10 a.m.