IBOVESPA (^BVSP)
| Previous close | 134,737.20 |
| Open | 134,737.69 |
| Volume |
| Day's range | 133,754.19 - 134,737.69 |
| 52-week range | 111,599.00 - 137,469.00 |
| Avg. volume | 8,315,907 |
BloombergLula Is Running Huge Budget Deficits and Scaring Off Investors
(Bloomberg) -- It’s been almost two years now since Luiz Inacio Lula da Silva secured his return to power in Brazil. For investors, they’ve been bleak. The currency is down, government bond yields are up and the stock market has only eked out half the gains posted across the rest of emerging markets.Most Read from BloombergA Floating Island in Baltimore Raises Hope for a Waterfront Revival‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded A
- Reuters
EMERGING MARKETS-Most Latam FX fall as dollar regains strength, Brazil's real outshines
* Chile's peso at four month highs * Rising iron ore prices push Brazil's real higher * Latam FX up 0.1%, stocks down 0.1% By Shashwat Chauhan May 16 (Reuters) - Most Latin American currencies slipped on Thursday, as a resurgent dollar ticked up following last sessions' declines, though the Brazilian real bucked the trend amid rising iron ore prices. Brazil's real appreciated 0.2% against the dollar, as iron ore prices, one of the country's top exports, gained on news of authorities in top consumer China considering government purchases of unsold homes. Separately, data showed inflation in Brazil as measured by the IGP-10 price index rose 1.08% in May, compared to a 0.33% drop in April.
- Reuters
EMERGING MARKETS-Latam stocks, FX muted ahead of rate decision flurry
MSCI's gauge for Latin American stocks inched up 0.2%, while the currencies index dipped 0.1% against the dollar, ending a three-day winning streak, by 1931 GMT. As the largest economy in the region, Brazil will be the focus on Wednesday, as its central bank is widely expected to cut interest rates by at least 25 basis points.
