Brazilian real

Brazil’s currency, the real, has continued its plunge as investors grow skeptical of President Luiz Inácio Lula da Silva‘s budgetary plans. The real, the worst-performing currency over the past four market sessions, has fallen over 3% against the US dollar in the past week. Its plunge...

Interest in the popular currency carry trade is reportedly increasing as rapid rate hikes by major central banks around the world appear to be almost over amid concerns over growth. What Happened: A Bloomberg gauge of borrowing dollars and putting the funds into a basket of emerging currencies...

The iShares MSCI Brazil Index (ETF) (NYSE: EWZ) is up nearly 68 percent this year, easily making it one of 2016's best performing single-country exchange-traded funds, emerging markets or otherwise. Commodities And Politics Among the catalysts often cited for EWZ's resurgence are rebounding...

Contrary to public belief, Brazil's investment climate may be improving. According to Trading Economics, Brazil recorded a capital and financial account surplus of USD$1720.30 million in May of this year.   While Brazil's economy underwent a great recession last year, that...

Rebounding commodities prices and a weaker dollar have been cited as driving factors for several well-known asset classes and sectors this year. Previously downtrodden emerging markets currencies are soaring this year with plenty of help from the two aforementioned catalysts. As a result, emerging...

As the Brazilian real depreciated and corruption scandals linked high level government officials – many of which have been arrested – to massive bribery cases at state-controlled oil company Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR) (NYSE: PBR-A), Brazil’s crisis seemed...

As emerging markets stocks and exchange-traded funds tumbled over the past several years, Latin American equities were a big reason why. With emerging markets being a lagging, hated asset class, disdain among investors for Latin American stocks ran high. That disdain morphed into love in March, as...

Brazil has been in trouble for a while, as the real depreciated and corruption scandals linked high level government officials – many of which have been arrested – to massive bribery cases at state-controlled oil company Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR) (NYSE: PBR-A...

Gol Linhas Aereas Inteligentes SA (ADR) (NYSE: GOL) surged as much as 14 percent after JPMorgan upgraded the airline to Neutral from Underweight as the company's recent liquidity-enhancing announcements and stronger BRL (Brazilian real) "should allow for a material reduction in risk perception." "...

The Brazilian real surged 1.7 percent on Monday after the government announced new cutbacks in its 2016 budget. After experiencing its largest single-day gain in more than one month, the currency is falling again on Tuesday. The real hit a 13-year low last week after Standard & Poor's...

Dennis Gartman publishes a daily publication called "The Gartman Letter" where he offers his latest opinion and analysis. On Wednesday, the investment pro discussed why it should be concerning that commodity-linked currencies are rising. At the time of publication, the Canadian dollar, among...

The International Coffee Organization released a report showing that it sees international demand for coffee rising by nearly 25 percent over the next five years, despite sagging production. A drought in Brazil combined with a fungus affecting Central American output has reduced estimates for...

Emerging markets no longer provide some of the world's most compelling investment opportunities. According to several top-tier Wall Street research firms such as Goldman Sachs (NYSE: GS) and JPMorgan (NYSE: JPM), investors should put their money to work elsewhere. Goldman Sachs is forecasting...