After a dismal 2021, the Brazilian inventory market started this 12 months as an early winner, with its efficiency trouncing most main indexes around the globe. Brazil’s Ibovespa is anchored on commodity-producing firms, which have seen share worth soar as costs go up. Elsewhere, increased liquidity and an affordable foreign money additionally gasoline the present momentum.
Nevertheless, more and more unfavorable home and worldwide situations go away consultants considering that the present optimism might have an expiration date.
Ibovespa ended January 7.33 p.c up, its finest month-to-month end result since December 2020 and one thing of a shock, contemplating the index ended 2021 with a…