Brazil ETFs Surge as Market Friendly Presidential Candidate Gains Support
October 02, 2018 at 16:27 PM EDT
Brazil ETFs were among the best performers Tuesday after a poll revealed far-right presidential candidate, Jair Bolsonaro, was gaining ground among voters. The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) rose 5.8% Tuesday and broke back above its short-term resistance at the 50-day simple moving...