Tag: commodities
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Trump Effect? Experts begin to see the first impacts of the American election on the markets
In his last term, the Republican increased protectionism and generated a trade war with China. Last Tuesday (16th), financial market experts pointed out that the American elections may have had an impact on the market. The overwhelming victory of former President Donald Trump in one of the first Republican Party primaries in Iowa is said…
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Ibovespa closed with a 1.46% increase on Monday and rose 3.27% in July. What drove the index’s growth?
The index registered its fourth consecutive month of gains, primarily driven by commodities-related stocks this time. In July, the Ibovespa closed with a 3.27% increase, marking its fourth consecutive monthly gain. On the last trading day of the month (July 31st), the main index of the Brazilian stock exchange rose, driven by commodity exporters and…
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Petrobras (PETR4) announces a new dividend policy and will pay 45% of free cash flow to shareholders
The new policy allows for share buybacks, which, when executed, will be carried out through an approved structured program by the Council. The Board of Directors of Petrobras (PETR3; PETR4) announced on Friday (28th) that it has approved its new dividend policy, which also allows for share buybacks, according to a document sent to the…
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Vale (VALE3) announces the sale of 13% of its basic metals business for US$ 3.4 billion
The transaction valued the mining company’s metals division at US$ 26.0 billion On Thursday (27th), Vale (VALE3) announced that it has signed a binding agreement with Manara Minerals and the American asset manager Engine No. 1 to sell a 13% stake in its basic metals unit (VBM) for the amount of US$ 3.4 billion. The…
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Unveiling Brazil’s Stock Market and Investment Fund Landscape: A Guide for Foreign Investors
Introduction:Brazil’s stock market, known as B3 (Bolsa de Valores, Mercadorias e Futuros), and its investment fund landscape offer foreign investors ample opportunities to participate in Brazil’s dynamic capital markets. In this blog post, we will provide an overview of Brazil’s stock market and delve into the investment fund landscape, discussing the main indices, top-listed companies,…
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Exploring Investment Opportunities in Brazil’s Agricultural Sector
Brazil has established itself as a global agricultural powerhouse, renowned for its production of key commodities such as soybeans, coffee, sugarcane, and beef. With its vast arable land, favorable climate conditions, and technological advancements, Brazil offers a prime destination for agribusiness investments. In this blog post, we will delve into the investment opportunities in Brazil’s…
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Brazil is out of Trump’s steel surcharges, says US trade representative
US President Donald Trump has decided to “suspend” the steel surcharge for some countries that are in negotiations with Washington. Brazil, Argentina, Australia, Europe, plus Canada and Mexico, are on this list, according to US Trade Representative, Robert Lighthizer. He appeared before the Senate Finance Committee on Thursday and was questioned by Democratic Senator Ron…
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Magnesita merger with Austrian RHI creates global giant in the industry
In an operation that creates a global leading company in the refractories market, mainly used in the steel industry, Brazil’s Magnesita, the third largest manufacturer in the world in this sector, merged their businesses to the Austrian giant RHI, based in Vienna. With the merger of assets, it is formed RHI Magnesita, which will have…
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EWZ: Ibovespa has its best semester since 2009 and US$ drops 18.6% versus the Brazilian Real
Brazilian’s most traded stock ETF in the US, EWZ soared 46.5% in the same 6 months: In the beginning of the year, the perspective for the Brazilian market was not good with the country in recession and inflation sky rocketing. However, in the middle of February, the inflection started fueled by a global recover in…
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Brazilian Steel Industry in Survival mode for the Foreseeable Future
The Brazilian steel industry has seem better days. If we look at the three stocks traded as ADRs in the NYSE, we can see the depth of their agony in the last ten years: Gerdau (NYSE:GGB): Companhia Siderúrgica Nacional – CSN (NYSE:SID): Usiminas (OTC:USNZY): In the 27th Brazilian Steel Congress, held by the Brazil Steel…