First Trust Brazil AlphaDEX Fund

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 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 […]

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 […]

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.

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.

The final Brazil Services PMI (Purchasing Managers’ Index) stood at 50.7 in September 2017 compared to 49.0 in August.

The final Markit Brazil Manufacturing PMI (Purchasing Managers’ Index) stood at 50.9 in September 2017. It remained unchanged compared to August 2017.

Brazil’s (EWZ) services PMI was in the contraction zone in August 2017.

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.

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) […]

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.

The Brazil Manufacturing PMI (purchasing managers’ index) fell slightly in June 2017 due to political turmoil in the country’s government.

Political chaos has affected confidence levels in Brazil, which saw its business confidence reach its lowest level in 2017 in June.

Brazil seems to be giving mixed signals, with its index of economic activity (BRZU) dropping by 0.51% month-over-month 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.

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.

Argentina’s (FM) consumer confidence saw a huge drop in June 2017, as Argentinians are highly unsatisfied with the austerity measures President Macri’s government has adopted.

Inflation in Brazil (BRZU) continued its decline in May 2017, standing 1% below the central bank’s target of 4.5%.

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.

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.