Brasil: Melhora o clima para aprovação da Reforma da Previdência, segundo a mídia.

As bolsas da Ásia apresentaram alguma recuperação das perdas verificadas nos últimos dias, novamente lideradas pelos índices da China. O destaque do dia fica por conta de mais uma rodada de queda no preço das commodities. As bolsas e as moedas operam próximas a estabilidade, enquanto as taxas de juros apresentam leve abertura de taxas no mundo desenvolvido.

No Brasil, a mídia está apresentando um tratamento mais favorável a Reforma da Previdência. O artigo de Andréia Sadi no Globo.com resume bem o clima mais favorável desta manhã: https://g1.globo.com/politica/blog/andreia-sadi/post/2017/11/27/maia-diz-a-temer-que-governo-precisa-contar-votos-e-que-situacao-melhorou-na-camara-para-a-reforma-da-previdencia.ghtml.

Nos EUA, o destaque continua por conta do avanços (ou ausência dele) no que tange a Reforma Tributária. O DB resumiu bem o cenário das últimas 24 horas: As for more immediate concerns, this week will still probably rest on what comes out of the Senate. The tax bill was on track for a full Chamber vote by the end of the week, potentially as early as this Thursday. However, late in the evening, two members of the Senate Budget Committee (Senator Johnson & Corker) noted they may not agree to vote the bill out of the committee and send it for debate. Once this is sorted, the GOP need at least 50 votes to approve the bill in the Senate (GOP control 52 seats). Of the half dozen undecided Republican Senators, Mr Rand Paul has now publicly given support to the bill, but Senator Johnson and Senator Daines have both said they’re against the current bill, instead seeking more generous treatment for partnerships and limited liability companies. In response, Senate Finance Chairman Hatch noted “we’re going to make them happy, but we’re not sure we can do exactly what they want to do”. The Senate Majority Whip Mr Cornyn confirmed yesterday he is still confident he will get the 50 votes. Expect the tension on tax to build as the week progresses.

Na China, segue um curto-prazo um pouco mais desafiador, mas ainda sem geração clara de contágio ao resto do mundo. O Morgan Stanley descreveu a situação da seguinte forma: Recent days saw risk assets correcting lower with basic materials shares leading the correction. China has come into investor focus with the onshore equity market falling 4% from its peak in early November. The equity market correction may have been triggered by China’s tightening liquidity conditions which have spilled over into Hibor. China's securities regulator putting a cap on south-bound flows could imply spillover effects into weaker Hong Kong equity indexes, and further tightening in HKD liquidity conditions too. Importantly, the Financial News, a journal run by the central bank, suggested that the tight liquidity situation in the interbank market will ease, citing the PBoC’s injections via open market operations at a flexible pace and the expected fiscal spending increase.