Loading…
Brazilian stocks and country ETFs rebounded on Tuesday after a sharp fall on Monday, when the real suffered its worst drop in more than 18 months. The real gained 1.6% against the dollar after the central bank announced a $2 billion liquidity auction.
Investors also reacted to Bolsonaro's cabinet choices, including another military appointee.
This is a routine market recap with limited direct effect on feed prices. Continued real strength would ease the dollar cost of Brazilian feed imports.
etftrends.comMax ChenNov 27, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
