The onset of 2024 presented Brazil’s stock market with a formidable obstacle, as it experienced a net outflow of $4.2 billion. This decline hints at the deepest low since the 2020 pandemic, which saw $12.8 billion leave. The departure mainly reflects shifts in the global economy and Brazil’s policy decisions. Expectations for six U.S. interest […]
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Brazilian Stock Market Wobbles Under Global Pressures and Domestic Challenges
The Brazilian stock market recently underwent a troubling phase, recording its fourth consecutive day of losses. The Ibovespa index dipped by 0.4%, closing at 125,300 points—a notable decline of over 600 points. Concurrently, the U.S. dollar soared to a peak last witnessed in March 2023, marking an increase of 1.13% to R$5.179. Moreover, future interest […]