|Day's range||71,154.8281 - 72,617.2812|
|52-week range||60,758.0000 - 88,318.0000|
Brazil’s central bank president Ilan Goldfajn is facing the test of his career as the country’s currency has once more come under assault from foreign exchange traders. of volatility before he took over in 2016, the central bank issued $115bn of the instruments. “We can exceed the amount [of swaps] offered in the past,” Mr Goldfajn said in a speech to a Goldman Sachs conference on Monday.
A sharp drop in Brazilian stocks and its currency stoked a decline in emerging-market assets Thursday, as concerns over trade tensions and a rising dollar reverberated around the world. Brazil’s Bovespa index fell 3% to its lowest level of the year and the dollar rose 1.4% against the Brazilian real to 3.9076, its highest value since early 2016. A host of other emerging markets, including South Africa, Mexico and Russia also notched big drops in their stocks or currencies.
The Sao Paulo stock market closed 2.98 percent down Thursday after a day of torrid trading and a continued slide in the Brazilian real against the dollar. Earlier in the day, the Ibovespa index had lost 6.2 percent, reflecting growing pessimism over Brazil's economic and political outlook, analysts said. Earlier the dollar rose to 3.94 reais, the strongest rate against Brazil's currency since 2016.
Treasury yields swung lower on Wednesday after trading higher in the morning. The 10-year Treasury note yield was down 5.5 basis points to 2.920%, while the 2-year note yield fell 3.2 basis points to 2.488%. The 30-year bond yield slipped 5.9 basis points to 3.070%.
The Sao Paulo stock market dropped six percent Thursday and the real continued to fall against the dollar, reflecting growing pessimism over Brazil's economic and political outlook, analysts said. At about ...
Investors are holding their breath as Brazil’s high court decides whether a former president begins a prison sentence or continues his campaign to return to office.
Brazil's main stock market index closed at an all-time high Monday, an indication that investors feel the worst days of the country's economic slide could be over. Sao Paulo's Bovespa index rose 1.7 percent ...