Brazil country-specific trade traded funds rebounded Monday as merchants anticipate the central financial institution to take aggressive rate of interest hikes. The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) elevated 1.3% on Monday, testing its long-term help on the 200-day easy shifting common. EWZ had declined 8.8% over the previous month and 14.1% year-to-date. Brazilian merchants are […] Learn extra at ETFtrends.com.
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A Brazil ETF Strengthens as Merchants Eye Aggressive Central Financial institution Motion
