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24/7 Wall St.29d agobearish

EWZ Could Be 2026’s Sleeper Trade, If Brazil’s Rate Cuts Don’t Get Derailed

The setup for iShares MSCI Brazil ETF (NYSEARCA:EWZ) in 2026 only looks obvious in hindsight. Brazil’s central bank spent much of last year holding the Selic at 15%, one of the highest real rates in the world, and has now started cutting with a cautious 25-basis-point move. EWZ is up roughly 11% year to date ... EWZ Could Be 2026’s Sleeper Trade, If Brazil’s Rate Cuts Don’t Get Derailed

PBR

Oilprice.com65d agobearish

Petrobras Cuts Diesel Price as Brazil Subsidy Takes Effect

Petrobras will cut its road diesel price by R$0.3515 per liter from June 1 under a federal subsidy designed to offset higher fuel taxes and stabilize supply.

PBR