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Below $50, Problems Await Brazil ETF (EWZ)
Tuesday, June 26, 2012 - 8:52am | 810The iShares MSCI Brazil Index Fund (NYSE: EWZ), the largest exchange traded fund (ETF) tracking the largest Latin American economy, has technical problem. On Monday, the fund dropped below critical support at $50, touching a new 52-week low in the process. Volume was nearly 39% above the daily...
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Nine Emerging Markets ETFs on a Roll (BRAF, TAO, IGEM)
Wednesday, March 14, 2012 - 6:59am | 1071The following exchange traded funds focused on Brazil and other emerging markets are all up between 19% and 30% year to date and trading at or near their 52-week highs. EGShares India Consumer (NYSE: INCO) is about 21% higher year to date but still down more than 5% from recapturing the 52-week...
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Latin American Banks See Improving Trends
Thursday, July 22, 2010 - 8:09am | 257As the trends among the Latin American Banks continues to improve, Goldman Sachs outlines a few summaries involving the progress: Brazil banks maintain a positive path, due to strong GDP growth and high interest rates, and are expected to have loans growth continue from the 1Q reports. Top picks...