Sector Highlight: Brazil ETFs
October 21st at 7:45am by Tom Lydon
Brazil’s exchange traded fund (ETF) is trading higher this morning as Wall Street shrugged off a new foreign investment tax, reports Lucila Lopez for Reuters. An analysis of the tax states that the tax could pressure its currency and lead investors to seek out other emerging markets, but some feel the strength of Brazil could eventually outweigh any negatives of the tax. Here are more stories on Brazil that may interest you:
