Political Risk Drags on Brazil ETFs
November 07, 2017 at 14:00 PM EST
Brazilian equities and country-specific exchange traded fund are weakening as more grow skeptical over President Michel Temer’s ability to cut down government spending in the wake of ongoing corruption charges. The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) declined 2.9% Tuesday and was...