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  1. BRAZIL: Economists Raise 2018 GDP Growth Estimate To 2.89% From 2.80%

    by , 02-27-2018 at 03:56 AM
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    Economists surveyed by the Brazilian central bank increased their forecasts for economic growth in 2018 for the second consecutive week, to 2.89% from 2.80% last week. For 2019, GDP growth projections remained at 3.00% for the fourth week.

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  2. BRAZIL: Ibovespa Tracks Foreign Market And Falls Amid Profit-taking

    by , 01-31-2018 at 03:52 PM
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    Ibovespa, the benchmark stock index in Brazil, closed down 0.25% at 84,482.46 points on Tuesday, on another day of profit-taking tracking the negative external market climate amid a fall in the price of commodities. In the political arena, investors monitor the expectations for the discussion of the pension reform in Brazil.

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  3. BRAZIL: Ibovespa Closes Steady Even After Rating Downgrade By S&P

    by , 01-15-2018 at 10:16 AM
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    Ibovespa, the benchmark stock market index in Brazil, closed slightly lower (-0.02%) Friday at 79,349.12 points, even after S&P downgraded Brazil's credit rating from BB to BB-. The losses were limited by bets from some investors that the Brazilian Congress could pass the pension reform next month.

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