Direxion Daily Brazil Bull 3X Shares
Latest Direxion Daily Brazil Bull 3X Shares News and Updates
Why IMF Slashed Brazil’s Economic Growth Outlook in 2017
Economic activity in Brazil (EWZ) has been slow as it tries to emerge from its deep recession in 2016. But consumer and business confidence is improving.
Should Investors Be Interested in Emerging Markets?
Emerging markets (EEM) saw tremendous growth last year and grabbed investors’ attention.
Brazil’s Services Industry Contracted: What’s Ahead?
The final Brazil Services PMI was again in the contraction zone in June after showing some contraction in May.
How Brazil’s Manufacturing Activity Is Affecting Equity Markets
According to Markit Economics, Brazil’s manufacturing PMI (purchasing managers’ index) improved in March, rising to 53.4 from 53.2 in February.
How Brazil’s Services PMI Trended in February
The final Brazil services PMI (purchasing managers’ index) rose solidly in February 2018.
Brazil’s Manufacturing PMI Improved: Are Investors Optimistic?
The final Markit Brazil manufacturing PMI (purchasing managers’ index) improved strongly in February 2018.
Analyzing Brazil’s Manufacturing PMI in December 2017
The final Markit Brazil manufacturing PMI stood at 52.4 in December compared to 53.5 in November 2017. The December PMI didn’t beat the initial estimate of 52.8.
Brazil’s Manufacturing Activity Improves in November 2017
Brazil’s manufacturing activity in November According to data provided by Markit Economics, Brazil’s manufacturing PMI (purchasing managers’ index) rose to 53.5 in November from 51.2 in October, beating the estimate of 52.5 and marking the strongest rise in five years. November’s improvement in manufacturing activity was mainly due to the following factors: production output and volume […]
A Look at Brazil’s Service Sector in November 2017
Brazil’s service sector in November According to a report by Markit Economics, Brazil’s service PMI (purchasing managers’ index) continued to fall in November. A level below 50 indicates contraction in economic activity, and a level above 50 indicates expansion in economic activity. Brazil’s service PMI fell to 46.9 in November from 48.8 in October. The contraction […]
Brazil’s Manufacturing PMI Improved: What’s Driving the Growth?
According to data provided by Markit Economics, the final Markit Brazil Manufacturing PMI (purchasing managers’ index) stood at 51.2 in October 2017 as compared to 50.9 in September 2017.
How Brazil’s Services PMI Looked in October 2017
Brazil’s service PMI stood at 48.8 in October as compared to 50.7 in September 2017 and was below the preliminary market expectation of 50.5.
What Helped Brazil’s Services PMI Rise So Much in September?
The final Brazil Services PMI (Purchasing Managers’ Index) stood at 50.7 in September 2017 compared to 49.0 in August.
Insights into Brazil’s Manufacturing PMI in September 2017
The final Markit Brazil Manufacturing PMI (Purchasing Managers’ Index) stood at 50.9 in September 2017. It remained unchanged compared to August 2017.
Why Brazil’s Services Activity Was in the Contraction Zone in August
Brazil’s (EWZ) services PMI was in the contraction zone in August 2017.
Did Brazil’s Manufacturing Activity Improve in August?
According to a report by Markit Economics, the final Brazil manufacturing PMI (purchasing managers’ index) rose to 50.9 in August 2017 as compared to 50 in July.
Why Manufacturing Activity in Brazil Is on a Decline
Manufacturing activity in Brazil In July 2017, the manufacturing PMI (purchasing managers’ index) in Brazil (BRZU) continued to decline, falling to 50 from 50.5 in June 2017. July 2017 brought a slowdown in both output and new business. US companies doing business in Brazil include Walmart (WMT), ExxonMobil (XOM), Chevron (CVX), and Apple (AAPL). Brazil (EWZ) […]
Understanding Brazil’s Service PMI in June
The services sector is one of the most important sectors contributing to Brazil’s GDP and job creation, but its been facing structural issues and poor performance.
Inside Brazil’s June Manufacturing Activity
The Brazil Manufacturing PMI (purchasing managers’ index) fell slightly in June 2017 due to political turmoil in the country’s government.
Is Brazil’s Business Confidence on a Declining Trend in 2017?
Political chaos has affected confidence levels in Brazil, which saw its business confidence reach its lowest level in 2017 in June.
Why Brazil’s Exports Stayed Steady in June
Brazil is currently engulfed in numerous domestic issues, including severe corruption allegations among politicians and high unemployment.
What Happened to Brazil’s Trade Surplus in June
Brazil’s (EWZ) trade balance since the beginning of 2017 indicates continuous expansion, with exports rising more than imports.
Brazil’s Inflation in June: A Story of Decline
Consumer prices in Brazil (BRZU) grew by 3% YoY in June 2017, compared with 3.6% in May 2017.
Will Brazil’s Economic Activity Keep Contracting amid Political Chaos?
Brazil seems to be giving mixed signals, with its index of economic activity (BRZU) dropping by 0.51% month-over-month in May 2017.
Political Tensions in Brazil: Former President Lula’s Conviction
On July 13, 2017, Brazil’s former President Luiz Inácio Lula da Silva was sentenced to ten years in prison for graft.
Why Brazil’s Manufacturing Activity Lost Momentum in June 2017
Brazilian (ILF) manufacturers remain firmly optimistic about the country’s output growth in the next 12 months.
Why Brazil’s Service Sector Activity Contracted in May 2017
The Markit Brazil Services PMI dropped to 49.2 in May 2017 compared a two-year high of 50.3 in April 2017.
Political Unrest Impacts Brazil’s Business Confidence in June 2017
The Industrial Entrepreneur Confidence Index in Brazil (FBZ) dropped to 51.9 in June 2017 compared to 53.7 in May 2017, reaching its lowest level since January 2017.
Did Brazil’s Exports Surge in May 2017 Due to Improved Global Demand?
In the first five months in 2017, the Brazil’s exports rose 18.5% to $87.9 billion compared to the same period in 2016.
How Political Instability Affected Brazil’s Stock Performance in May 2017
The International Monetary Fund is projecting 0.5% growth in Brazil’s GDP output in 2017, according to its April 2017 outlook report.
Improved Global Demand Boosted Brazil’s Trade Surplus in May 2017
Brazil’s exports stood at $19.7 billion in May 2017, a 12.6% increase year-over-year, boosted by sales of semi-manufactured products and basic products.
Inflation in Brazil Declined in May 2017
Inflation in Brazil (BRZU) continued its decline in May 2017, standing 1% below the central bank’s target of 4.5%.
What Brazil’s Job Growth in May 2017 Could Indicate for the Year
The Brazilian (BRZU) economy added ~34,250 jobs in May 2017, making it the second consecutive month of job creation in 2017.
Factors Impacting Brazil’s Economic Growth in 1Q17
Brazil’s (EWZ) economy improved in 1Q17, mostly due to the manufacturing sector, exports, and business confidence. However, recent political scandals have undermined its growth and credit rating.
Has Brazil’s GDP Risen despite Political Uncertainty in 1Q17?
The Brazilian (FBZ) economy grew 1% on a quarter-on-quarter basis in 1Q17 compared to a downwardly revised 0.5% contraction in the previous month.
Will Rising FDI in Brazil Help 2017 Market Performance?
FDI (foreign direct investments) in Brazil picked up in the second half of 2016 in spite of a slow economy, impeachment of the president, political crises, and corruption scandals.
Is Brazil Showing Improvement in Its Economic Growth?
Brazil’s economy is currently emerging from a severe and prolonged recession. Some reasons for the slump in the country’s economy were political uncertainty and lower consumer and business confidence.
Will Brazil Investments Rise and Add Momentum to Valuations?
Now that Brazil’s political scenario has improved and commodity prices have become more stable, the country is expected to attract investors again.
Will the Brazilian Real Trade Lower in 2016?
The Brazilian real weakened to record lows against the US dollar in 2015. Depressed debt ratings by credit rating agencies also weighed on the sentiment.