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DIREXION DAILY MSCI BRAZIL BULL 3X ETF News

$84.43
+2.62 (+3.20%)
At Close: May 03, 2024
The “middle income trap” may well characterize the experience of Brazil and most of Latin America since the 1980s.
Despite the growing number of COVID-19 cases, the Brazilian economy is recently showing more signs of recovery.
Brazil has been incredible to watch, as the country is embracing, adopting, and fully integrating technology at unprecedented levels, across households and corporates.
I estimated that Direxion would have to decrease its BRZU fee from 1.59% to 1.21% to match the annual expenses of EWZ.

Why Brazil Has Grown As A Soybean Producer

01:25pm, Tuesday, 28'th Jul 2020
Specifically, in the last several years, Brazil has overtaken the United States as the world's largest producer and exporter of soybeans.

Brazil ETFs Hit Chart Resistance

12:57pm, Wednesday, 22'nd Jul 2020
Brazilian stocks have rebounded sharply since their March low, but will the trend continue? Here are three tactical trading ideas.
Shares of Brazilian banks have also corrected sharply. Without question, the pandemic will weigh on their businesses in the short term. Banks in Brazil largely
Latin America’s largest economy entered the pandemic before it could heal from its worst recession in decades. A jump in the already high level of debt in relat
Latin America and the Caribbean have become the new COVID-19 global epicenter. The human cost has been tragic, with over 100,000 lives lost. The economic toll h
The economic projections from the IMF show a terrible economic environment over the next few quarters. The latest Markit Economics data shows the extremely nega
The resignation of Brazil's justice minister has sparked a political crisis as well as a slump in stocks (EWZ -7.9%) and a slide in the real to yet another record low against the dollar.Sergio Moro, o
Shares of Direxion Daily MSCI Brazil Bull 2X Shares (NYSEARCA:BRZU) traded down 2.3% during mid-day trading on Monday . The stock traded as low as $1.60 and last traded at $1.68, 4,499,278 shares trad
The EWZ has plunged. Emerging markets got hit hardest by Coronavirus. President Bolsonaro marches to the beat of a different drummer. Brazil is a commodity-prod
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