Easy Brazil Investing

Tag: EWZ

  • Ibovespa rises 4.57% with record volume

    São Paulo – Confirmation of the strengthening of the right wing in Congress and the run-off of the second round of the presidential elections gave the Ibovespa a boost to recover lost levels with the truckers’ strike. With such a large volume that reached an all time record . The Ibovespa ended with a 4.57%…

  • Government is now evaluating changes to the pension plan without touching the constitution

    After giving up on the Social Security reform – amid federal intervention in the security area of ​​the State of Rio de Janeiro, a measure that prevents changes in the Constitution while it is in force – ministers of the economic area now study changes in pensions that do not depend on constitutional amendments, said…

  • S&P Downgrades Brazilian Credit Rating to BB-

    Standard & Poor’s (S&P) downgraded Brazil’s sovereign credit rating from “BB” to “BB-” on Thursday. The rating was already in Junk territory, but it is now three steps below investment grade. On the other hand, the perspective for the rating has changed from negative to stable. The downgrade was already expected by the market due…

  • Brazilian stocks and Real fall amid difficulty in approving pension plan reform

    Brazilian financial market reacts negatively again to the noise surrounding the pension reform. According to professionals, this morning’s news brought more negative elements about the possibilities of the government being able to approve the reform, which was reflected in the dollar, interest rate hikes and in the fall of the Ibovespa stock index at the…

  • Fitch keeps the Brazilian credit rating at BB, with negative outlook

    Fitch Ratings reinforced Brazil’s credit rating on ‘BB’, with a negative outlook. That is, with the possibility of the classification being revised downwards in the future.According to the agency, the country’s ratings is limited by the structural weaknesses in public finances and high government debt, weak growth prospects and weaker governance indicators than the country’s…

  • Disposable Income Drops 10% in 6 months in Brazil

    The combination of high inflation with layoffs and wage loss caused a downturn of unprecedented proportions in disposable income for consumption in Brazil. The Monthly Employment Survey (PME) of IBGE shows that real wages decreased by 10% between November 2014, peak of recent years, and last May. In the crisis of 2003, a decline of…