Key Points

The Ibovespa closed Monday at 177,816, up 0.91%, bouncing off the oversold stochastic at 36 and reclaiming the daily Ichimoku cloud floor against a US-less global tape.

USD/BRL broke through 5.04 cloud resistance from the wrong side and closed at 5.0096 — the Real’s strongest print since April, with 4.9836 the next downside line.

The Asian risk-on consensus cracked overnight as South Korea’s Kospi fell more than 6% from a fresh record on AI concentration worries, and the Nikkei pared Monday’s surge by 0.5% to below 65,000.

S&P 500 futures rose 0.78% and Nasdaq 100 futures advanced 1.14% ahead of Wall Street’s return from Memorial Day, with the 10:30 BRT handoff back in play after a one-day blackout.