Tag: Brazilian markets

• Thursday, September 9th 2021 - 09:44 UTC

  Brazilian Supreme Judges react to Bolsonaro and call for his impeachment; markets plunge

  

  The leading index of Sao Paulo's stock exchange Bovespa dropped on Wednesday 3,78% to 113,413 points in reaction to Tuesday's “anti-democratic” speeches from Brazilian president Jair Bolsonaro, and his attacks on the Federal Supreme Court, STF, precisely on Tuesday 7 September, Independence Day.

• Thursday, November 5th 2020 - 09:10 UTC

  Brazil's trade surplus reaches US$ 47,6 billion in ten months

  

  The Brazilian Ministry of Economy released the result of the country's October trade balance, US$ 5.5 billion surplus, but lower than market expectations. The result was again leveraged by the significant retraction in imports, while market expectations were forecasting a US$ 6.1 billion surplus.

• Saturday, May 9th 2020 - 08:54 UTC

  Brazil's Real recovers slightly on commodities market optimism

  

  Brazil's Real firmed for the first time this week, bouncing from last session's all-time lows, while most other Latin American currencies also strengthened on Friday on signs of easing tensions between the United States and China.

• Thursday, March 19th 2020 - 08:57 UTC

  Pots and pans protest against Bolsonaro; Brazilian markets crash and Congress approves national emergency

  

  The coronavirus outbreak hammered Brazil on Wednesday, crushing local markets, infecting more members of the country’s political elite and prompting loud protests against President Jair Bolsonaro, whose son waded into a diplomatic spat with China.

• Wednesday, September 11th 2019 - 09:32 UTC

  Brazilian markets influenced by weak data from China and coming central banks decisions

  

  Brazilian shares broke a four-day run of gains on Tuesday, mirroring declines in global stocks after weak China data-fueled growth concerns, while currencies were tepid ahead of major central bank policy decisions.

• Friday, April 5th 2019 - 09:37 UTC

  Brazilian markets react positively on hopes of progress on pension reform

  

  Most Latin American stock markets and currencies rose on Thursday, with assets in Brazil gaining on hopes of smooth progress on pension reform. Brazilian President Jair Bolsonaro met fellow politicians in a bid to build support to pass his government's proposal to reform the country's bloated pension system, seen by investors as crucial to trim Brazil's wide fiscal deficit.

• Thursday, March 28th 2019 - 09:31 UTC

  As Bolsonaro's influence wanes, Congress more demanding and minister Guedes ready to resign

  

  Brazilian President Jair Bolsonaro and his economy minister tried to rescue their contentious pension reform bill on Wednesday, as deepening political chaos surrounding the government’s signature proposal slammed Brazilian markets.

• Friday, November 2nd 2018 - 09:01 UTC

  Strong recovery of Argentine and Brazilian markets on signs of an improved Sino-US trade scenario

  

  Latin American stocks soared on Thursday with Brazil shares touching an all-time high and Argentina's Merval stock index jumping 6,2%, as global risk appetite recovered on strong corporate earnings and signs that the Sino-U.S. trade war could be contained.

• 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.

• Saturday, September 15th 2018 - 08:46 UTC

  Brazilian markets and currency ended the week higher

  

  Brazilian markets ticked higher on Friday, bolstered by a new presidential election poll, sending the benchmark Bovespa index up more than 1% as the country's currency, the real, gained about 0.78%.