Tag: Bovespa

• Thursday, March 28th 2019 - 09:39 UTC

  Argentine Peso slides to an all time low and country risk climbs to almost 800 points

  

  The Argentine Peso slid to all-time lows against the dollar as concerns about inflation, weak growth and October's presidential election weighed. The currency has lost 14% so far this year and the weakness raises fears of a repeat of the currency crisis of 2018 when the Peso lost half its value against the dollar.

• Saturday, March 23rd 2019 - 09:06 UTC

  Temer's arrest and military pensions' reform brings down Brazilian stock market and weakens currency

  

  Brazilian stocks fell sharply on Friday as the arrest of the country’s former president, Michel Temer, sparked worries that government debate over key fiscal reforms may be delayed.

• Wednesday, January 23rd 2019 - 07:58 UTC

  Bolsonaro tells Davos he plans to make the “new Brazil” an investment-friendly country

  

  Brazil's newly-elected populist President Jair Bolsonaro addressed the world's business elite in Davos on Tuesday, vowing to transform Latin America's largest economy into a more investment-friendly country. On his first international trip since becoming president, Bolsonaro delivered the keynote speech at the World Economic Forum.

• Wednesday, January 9th 2019 - 14:49 UTC

  Brazil's Bovespa closes above 92.000 points for the first time ever

  

  Latin American stocks in the region's main markets closed on Tuesday at new highs on the positive outlook for the ongoing US/China trade talks in Beijing. Brazil's Bovespa index ended trading above 92,000 points for the first time ever after hitting several record highs last week.

• Wednesday, December 19th 2018 - 09:12 UTC

  Latin American markets and currencies cautious ahead of Fed's two-day meeting

  

  Latin American currencies failed to gain against a weak dollar on Tuesday, as cautious investors pared exposure ahead of the end of the U.S. Federal Reserve's two-day meeting on Wednesday, while Latin American stocks ticked up in line with their U.S. peers.

• Saturday, October 27th 2018 - 09:50 UTC

  Markets confident of Bolsonaro victory: stocks up 2% and Real logs sixth straight sessions' win

  

  Brazilian stocks index, Bovespa, rose nearly 2% on Friday ahead of this weekend's presidential election, whole Brazil's Real further consolidated. The MSCI's index of emerging market stocks in the region gained 1.24%. Although, the region's markets fared better than emerging markets elsewhere, they were on track to end a five-week winning streak.

• Thursday, October 4th 2018 - 08:43 UTC

  Brazilian markets soar on prospects of a Bolsonaro victory next Sunday

  

  Brazilian markets soared for a second day on Wednesday on an opinion poll confirming right-wing presidential candidate Jair Bolsonaro was gaining steam ahead of Sunday’s vote and was on track to beat his likely leftist rival in a second-round runoff.

• 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.

• Friday, September 21st 2018 - 08:42 UTC

  Brazil stocks lower but the Real currency recovered against the US dollar

  

  Brazil stocks were lower after the close on Thursday, as losses in the real estate, industrial and financial sectors sectors led shares lower. At the close in Sao Paulo, the Bovespa index lost 0.01%.

• Thursday, September 20th 2018 - 08:37 UTC

  Brazil leaves interest rates unchanged, as long as inflation remains in target range

  

  The Brazilian central bank on Wednesday held interest rates at an all-time low despite a currency selloff, as widely anticipated, but said it could “gradually” raise them in the future if inflation expectations spike.