Some Hope, Maybe, for Brazil ETFs
August 27, 2015 at 09:00 AM EDT
The long-suffering iShares MSCI Brazil Capped ETF (NYSEArca: EWZ), the largest exchange traded fund tracking Brazilian stocks, got some relief yesterday with a 4% rally. Believe it or not, that rally was made possible in some part by Petrobras (NYSE: PBR), Brazil’s downtrodden...