# Petrobras reacts to earnings and Banco do Brasil reports results: what is moving markets today

> Brazil’s Ibovespa fell 0.52% on Tuesday while the dollar rose about 1.5% to R$5.586 after U.S. October consumer inflation came in above expectations. The report strengthened bets on a possible Federal Reserve rate hike in December, while Brazil’s Copom minutes suggested the Selic rate could remain at 13.75% for longer; Petrobras’s quarterly results and Banco do Brasil’s scheduled earnings were also in focus.

- Date: 2026-11-11 · published 2026-11-11T09:13:44.130Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/93313-petrobras-reacts-to-earnings-and-banco-do-brasil-reports-results-what-is-moving
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Above-forecast U.S. inflation and expectations of higher U.S. rates supported the dollar, increasing the BRL cost of imported feed and agricultural inputs. The currency and interest-rate moves may affect Brazilian commodity pricing and financing costs.

## Read by commodity

- DXY: bullish ▲
- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2022-04-28 | [Brazil real hit by surging dollar, focus shifts to earnings \| Financial Post](https://feedsoft.ai/events/6865-brazil-real-hit-by-surging-dollar-focus-shifts-to-earnings-financial-post.md) | -0.2% | -3.1% |
| USDBRL | 2026-05-13 | [Brazil markets rattled by report linking Flavio Bolsonaro to disgraced banker \| Reuters](https://feedsoft.ai/events/19462-brazil-markets-rattled-by-report-linking-flavio-bolsonaro-to-disgraced-banker.md) | +2.9% | +5.6% |
| USDBRL | 2024-11-29 | [What is happening to BRL as the Brazilian Real collapses against the US Dollar](https://feedsoft.ai/events/27617-what-is-happening-to-brl-as-the-brazilian-real-collapses-against-the-us-dollar.md) | +1.7% | +5.6% |
| USDBRL | 2020-03-19 | [A global rush into the US dollar is driving extreme market moves and a temporary shortage](https://feedsoft.ai/events/6274-a-global-rush-into-the-us-dollar-is-driving-extreme-market-moves-and-a.md) | -1.1% | +2.8% |
| USDBRL | 2026-10-26 | [Elections in Brazil: Lula returns to power, markets react with panic. Brazilian ETF loses nearly 15% in Tokyo. What about USDBRL, soybeans, sugar, BRAComp, and ETFs?](https://feedsoft.ai/events/17288-elections-in-brazil-lula-returns-to-power-markets-react-with-panic-brazilian.md) | +7.6% | — |
| DXY | 2022-01-28 | [Global Market Insights: Markets, currencies react to central banks’ signals; TSX earnings rise seen \| article](https://feedsoft.ai/events/43393-global-market-insights-markets-currencies-react-to-central-banks-signals-tsx.md) | -0.9% | -0.6% |
| DXY | 2018-06-22 | [Why the Aussie dollar is plummeting, and what to do](https://feedsoft.ai/events/64776-why-the-aussie-dollar-is-plummeting-and-what-to-do.md) | +0.2% | -0.3% |
| DXY | 2022-04-28 | [Brazil real hit by surging dollar, focus shifts to earnings \| Financial Post](https://feedsoft.ai/events/6865-brazil-real-hit-by-surging-dollar-focus-shifts-to-earnings-financial-post.md) | +0.1% | -0.4% |

## Sources

- exame.com: https://exame.com/invest/mercados/petrobras-reage-ao-balanco-e-bb-divulga-resultado-o-que-move-os-mercados-hoje/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.