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Brazilian Real Plunges As Investors Doubt President Lula's Budget Initiatives
Wednesday, December 18, 2024 - 4:34pm | 346Read More...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...
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Currency Carry Trades Regain Popularity As Global Rates Seemingly Hit Their Peaks: Here's What It Means
Sunday, April 9, 2023 - 11:24pm | 378Read More...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...
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Banks Defy Woes To Drive Brazil ETF Higher
Monday, August 15, 2016 - 8:27am | 689Read More...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...
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Is Brazil's Investment Climate Improving? BRF SA Stands To Benefit
Tuesday, July 19, 2016 - 11:46am | 336Read More...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...
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Rebounding EM Currencies Lift This Bond ETF
Friday, May 6, 2016 - 3:00pm | 518Read More...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...
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Renewed Rendezvous: Investors Head to This Region's ETFs
Thursday, March 31, 2016 - 8:31am | 553Read More...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...
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JPMorgan On LatAm Airlines: Gol Linhas Shares Upgraded
Monday, March 28, 2016 - 1:11pm | 404Read More...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." "...
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Dennis Gartman Discusses Commodity-Linked Currencies, China's 'Vehemently Pro-Capitalism' Policies
Wednesday, September 9, 2015 - 3:31pm | 394Read More...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...
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Coffee: A Hot Commodity For The Next 5 Years
Tuesday, February 17, 2015 - 3:30pm | 391Read More...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...
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Wall Street Banks Turn Negative on Emerging Markets
Tuesday, January 7, 2014 - 5:38pm | 486Read More...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...











