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Brazilian Real Hits Its Lowest Point Since 2002; Rousseff Assures Fiscal Deficit Is 'Temporary'
Wednesday, September 2, 2015 - 4:14pm | 333Read More...The Brazilian real continues to plummet. After losing 1.752 percent on Wednesday, the currency hit its lowest point since 2002. A real is now 0.2658 U.S. dollars, and 1 U.S. dollar equates to 3.7598 reals. The Sao Paulo Stock Exchange, which fell considerably on Tuesday, was up 1.95 percent on...
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Brazil And Petrobras Shaken By Massive Protests Nationwide
Monday, March 16, 2015 - 3:28pm | 337Read More...The Brazilian government is sailing troubled waters. A difficult economic situation, corruption scandals and massive protests undermine the legitimacy of President Dilma Rousseff. Pro-government protesters flooded the streets on Friday, defending democracy and Petroleo Brasileiro Petrobras SA (...
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Chanos Takes Brazilian Profits In Wake Of Rousseff Win
Tuesday, October 28, 2014 - 4:38pm | 230Read More...In the wake of incumbent Brazilian President Dilma Rousseff's re-election Sunday, renowned shorts-seller James S. Chanos is lightening up on his holdings there. Rousseff, 66, has served as Brazil's president since 2010 and won a second term Sunday by narrowly beating Social Democrat Aécio Neves da...
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Brazil Getting Waxed Following Election Results
Monday, October 27, 2014 - 8:43am | 130Read More...The iShares MSCI Brazil Index ETF (NYSE: EWZ) and other Brazilian stocks are down sharply in pre-market trading following news that President Dilma Rousseff won a second term on Sunday over conservative Aécio Neves. Investors are likely worried that her re-election will only serve to...
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Election Surprise Moving Brazilian Stocks
Tuesday, October 7, 2014 - 12:18pm | 681Read More...Positive news out of Brazil to start the week has provided the country’s stock market with a much-needed boost. The first round of voting resulted in the incumbent and favorite Dilma Rousseff getting 41.6 percent of the votes and her pro-business rival Aécio Neves acquiring a very...
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The Global Search For Cheap Investments
Monday, April 21, 2014 - 3:51pm | 912Read More...The subject of market direction and near-term price movements is discussed frequently in the media, and pretty much wherever investors gather to talk about stocks and bonds. Most of us have an opinion and are delighted to share this carefully formed insight (read: wild-eyed guess) with anyone...
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Female Heads of State and ETF Returns: A 2012 Review
Thursday, December 20, 2012 - 8:37am | 840Read More...Shares of the iShares MSCI South Korea Index Fund (NYSE: EWY) and the rival First Trust South Korea AlphaDEX Fund (NYSE: FKO) traded higher for most of Wednesday, following news of Park Geun-hye's victory in South Korea's presidential election. Park, the head of the New Frontier Party, will become...
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3 ETFs for Brazil's Stimulus (BRAQ, BRXX, FBZ)
Friday, June 22, 2012 - 1:33pm | 606Read More...In a familiar approach seen in the U.S. and China, Brazil is employing stimulus measures to boost its sagging economy. The largest Latin American economy reported first-quarter GDP growth of just 0.2 percent, hardly on par with what investors expect from an emerging market and well below the 0.5...
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5 Emerging Markets ETFs Myths Debunked
Friday, April 27, 2012 - 2:42pm | 823Read More...For all the volatility, inflationary pressures and political concerns, among myriad other issues, one thing is certain: Investors love emerging markets ETFs. And it should be said that "investors" means both professionals and retail. After all, the third- and fourth-largest U.S. ETFs as ranked by...
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U.S. Could Step Up Brazilian Oil Purchases
Saturday, March 19, 2011 - 9:41pm | 303Read More...Following talks with Brazilian President Dilma Rousseff, President Obama said the U.S. would like to become a major buyer of Brazilian crude in the future. The two are meeting in Brasilia this weekend. Obama made the comments as violence in Libya escalates. While the North African country, the...
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Petrobras Offering Could Be Delayed
Sunday, August 15, 2010 - 10:27pm | 220Read More...Brazilian President Luiz Inacio Lula da Silva may force Brazil's state-controlled oil producer Petrobras (NYSE: PBR) to delay its secondary share offering until after the country's October presidential election due to concerns that if the offering is not successful, it could harm the candidacy of...
