Leveraged Brazil ETF Climbing Amid Fragile Political Stability

This article was originally published on ETFTrends.com.

Yesterday, the Direxion Daily MSCI Brazil Bull 3X ETF (NYSEArca: BRZU) climbed by 6.26% as voters will head to the polls next week to decide on the country’s next president, which will heavily impact the Brazilian markets and its economy on a going-forward basis. In the meantime, companies like Shell and Chevron are funneling capital [...]

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