Tag: Bovespa stock index

• Thursday, February 27th 2020 - 08:49 UTC

  Brazilian markets reopen to a shock and the Real weakens to a new low

  

  Brazil's Real touched a record low on Wednesday as traders returned from the Carnival holiday only to be alarmed by concerns about the spread of the new coronavirus after Sao Paulo confirmed its first case. The Real weakened 1.1% to 4.4470 against the dollar, as it led declines among other Latin American currencies.

• Sunday, February 3rd 2019 - 10:36 UTC

  Latin American markets reacted positively to Fed' message of “wait and see”

  

  Most Latin American stocks rose on Friday after U.S. economic data pointed to the possibility that the Federal Reserve could keep interest rates unchanged. Shares extended their rally after U.S. employment and manufacturing data underscored a strong economy with little wage inflation.

• Wednesday, October 3rd 2018 - 08:28 UTC

  Brazilian markets surge on strong polling for extreme right Bolsonaro

  

  Brazilian markets surged on Tuesday as stronger polling for far-right presidential candidate Jair Bolsonaro and a Congressional farm caucus endorsement boosted expectations that he may block the leftist Workers Party from returning to power.

• Wednesday, September 12th 2018 - 08:30 UTC

  Brazilian equities and currency slump on Tuesday on latest opinion polls

  

  Brazilian equities and currencies slumped on Tuesday after an opinion poll on the presidential election showed leftist candidates gaining ground while market-friendly centrists did not.

• Thursday, September 6th 2018 - 09:04 UTC

  In Brazil, the Real and Bovespa stock index recovered slightly on Wednesday

  

  In Brazil, the Real currency and benchmark Bovespa stock index strengthened slightly on Wednesday. Political uncertainty in Brazil took a toll after judicial authorities canceled the release of a closely-watched opinion poll on technical grounds.