Tag: elections

  • Brazilian stock index Ibovespa closes at record high

    Even after advancing more than 10% in October, the Ibovespa started the month of November going up, giving signs that it still has the breath to seek new levels. And the first barrier has already been broken: with this Thursday’s performance (November 1), the index renewed its intraday and closing highs. At the best moment…

  • Warren Buffet ignores election turmoil and invests in Brazilian payments processing company’s IPO

    There were no shortage of alerts from banks and managers about the risk of a billionaire IPO of a Brazilian company at the moment, in the midst of an electoral turmoil. But the payment company Stone decided to move on and, it seems, can do well. A group of heavyweight names, including billionaire American investor…

  • 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%…

  • Fitch downgrades Brazilian sovereign rating to BB-

    Credit rating agency Fitch today downgraded Brazil’s sovereign rating to “BB-” from “BB”, and changed the outlook from negative to stable. According to the agency, the cut reflects the persistence of the large fiscal deficit, a high and growing government indebtedness and the failure of legislative reforms that could improve the structural performance of public…

  • 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…

  • 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…

  • Long in Brazil? Then Cheer Against it in FIFA’s World Cup

    Wait.. What does football has to do with economy or stock investment? And even worse, how come a negative result for the country can be positive for it’s economy? Fair questions. And to answer them, we have  to remind that this year is also election year in Brazil and that football is not just one…

Don't miss the news related to Brazil investment!


Subscribe to this blog and receive notifications of new posts by email.