DIREXION DAILY MSCI BRAZIL BULL 3X ETF News

BRZU For A Volatile Year Ahead In Brazil

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Wall Street just had a subdued week due to rising rate worries. But these leveraged ETFs offered more than 10% gains last week.

Wall Street just had a subdued week due to rising rate worries. But these leveraged ETFs offered more than 10% gains last week.

BRZU follows a daily reset policy and returns could remain sub-par during highly volatile conditions. Brazilian equities appear to offer value.

The strength of emerging markets (EM) is typically tied to their currencies, and that's exactly what's happening with Brazil's real, making way for gains in the Direxion Daily MSCI Brazil Bull 3X ETF

Economic re-opening plays need not be relegated to the United States. Brazil is rebounding amid a global vaccine deployment, leading the Direxion Daily MSCI Brazil Bull 2X ETF (BRZU) up 18% for the y

Wall Street was upbeat last week with the S&P 500, the Dow Jones, the Nasdaq Composite and the Russell 2000 adding 0.6%, 0.7%, 0.5% and 0.8%, respectively.

Brazil Won't Be Dancing To Samba This Year

ETF investors looking for a single-country opportunity can consider Latin America's largest economy: Brazil. For traders seeking to lever up profitability with double exposure, there's the Direxion Da

Apart from the dramatic health implications, COVID-19 will also scar the Brazilian economy, including through a jump in its already high public-sector debt-to-GDP ratio in 2020. We depict different sc

BRZU is trading at $63 and I believe it should be trading at $70 given the current economic conditions. Currently, the P/E Ratio is 12x or 4% below its normal trading range.

The coronavirus impact looks to be ebbing, and the Brazilian government has been generous with demand-side stimulus measures.

USDBRL appears to have successfully posted a lower high despite the recent decline in risk appetite globally, which is a sign that the top in the pair may be in.

With Latin America and the Caribbean potentially facing years of difficulties due to the pandemic and related economic crises, attention has shifted to what multilateral institutions might do to help.