Fiscal Factors Will Remain a Key Mover for This Brazil ETF

Despite Brazil’s economic challenges amid rising global interest rates and recession fears, the Direxion Daily MSCI Brazil Bull 2X ETF (BRZU) is up about 10% year-to-date, but fiscal factors will remain a key mover moving forward. Speaking of interest rates, Brazil’s central bank, like most around the world, has been wrestling with interest rate policy [...] The post Fiscal Factors Will Remain a Key Mover for This Brazil ETF appeared first on ETF Trends .