On Tuesday, B3 and S&P Dow Jones, leveraging Cboe Global Markets’ expertise, launched the VXBR, an index that measures market volatility in Brazil. It mirrors the U.S. VIX, showing market fears and likely swings. The U.S. VIX uses 30-day S&P 500 options to predict near-term market moves. High interest in these options signals expected jumps […]
Related Posts
Rice Prices Dip 8% in Brazil
Rice prices have seen a notable decline, dropping nearly 8% since late January 2024. In Rio Grande do Sul, Brazil’s leading rice-producing state, the price for a 50-kilogram sack fell to R$ 119.10 ($23.82). This decrease, from January’s R$ 129.20 ($25.84), still signifies a 35.2% increase from the previous year. The adjustment follows high global […]
$500 Billion Fuels Latin America’s Oil and Gas Surge
Latin America’s oil and gas industry is soaring, driven by high barrel prices and OPEC’s strategic supply cuts. Amidst the Ukraine conflict, these elements are propelling new exploratory projects, defying the global trend of reducing fossil fuel reliance. By 2030, investments in this sector across Latin America are poised to reach $500 billion. Brazil, Argentina, […]
Brazil’s Piauí Water and Sewage Auction: A Single Bidder Raises Concerns
Piauí’s recent water and sewage concession auction, held on October 30, 2024, at B3, resulted in a single bidder: Aegea. The company, already operating in Teresina, secured the contract with a minimal 1% tariff discount and the minimum R$ 1 billion ($178.57 million) outright grant. The project aims to invest R$ 8.6 billion ($1.54 billion) […]