Brazil ETFs Active After Interest Rates Slashed
Brazilian stocks and the related exchange traded funds, including the iShares MSCI Brazil Capped ETF (NYSEArca: EWZ), rallied Thursday after the country's central bank slashed interest rates by 100 basis points. EWZ, the largest ETFs tracking stocks in Latin America's largest economy, is up nearly 8% over the past month, extending its year-to-date gains to [...] Click to read more at ETFtrends.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
This article was provided by our partner Tom Lydon of etftrends.com.