Ibovespa Rises 1% Despite Strong US Payrolls, Tracking NY Rally

Brazil's Ibovespa index rose over 1% despite strong US payroll data, which typically raises odds of Fed rate hikes and pressures emerging markets. The domestic market followed New York's positive momentum while monitoring Brazil's economic policy direction. The move suggests risk appetite is overriding rate-hike concerns, but sustainability depends on policy signals.

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