Brazil's first trading session of the week opens with two competing forces: a central bank that has just cut rates to 14.00% and a thin corporate calendar where Ultrapar's dividend date can set the tone. The Focus Market Readout at 11:25 BRT is the day's main macro event, as it will show how quickly economists now expect the Selic to keep falling. The prior close saw the Ibovespa at 171,032 and the real at R$5.1391, but no live pre-open indication is verifiable, making the open dependent on liquidity and external tone.