After enduring a six-day downturn, Brazil’s Ibovespa index surged, achieving a 1.23% rise to 122,898.49 points—a substantial gain of nearly 1,500 points. At the same time, the Brazilian real strengthened, appreciating to R$ 5.24 against a weakening dollar. Furthermore, interest rates on future contracts fell, igniting celebrations in financial markets globally. This recovery largely stemmed […]