Brazil Election Brings Uncertainty

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The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ), the largest exchange traded fund tracking stocks in Latin America’s largest economy, has recently been surging as the first round of the country’s presidential election looms. Still, EWZ is lower by 18.50% year-to-date, making it one of the worst-performing single-country emerging markets this year. Some analysts and market [...]

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