Brazil Bovespa                     Back to List of Indices

Brazil Bovespa Index (weekly), 20 week exponential average in green, 5 week exponential average in red, 52 week ROC (rate of change) in yellow, MACD (moving average convergence divergence) in green.
 
Brazil Bovespa Index monthly chart, the red line is a 24 month exaverage, the yellow line is a 6 month exaverage
 
Brazil Notes & Links:
 






_______________________________________________

4/9/08 Brazil estimated the upcoming coffee harvest at 44.2 million bags.
10/3/07 Nine environmental groups called for annual investments of 1 billion reals to bring destruction of the Amazon rain forest to a halt by 2015.
3/14/07 The Brazilian government may boost the amount of ethanol it blends with gasoline to 25%.
11/29/06 Brazil's central bank lowered its benchmark lending rate to 13.25% from 13.75%
10/31/06 Brazil announced that they will raise the ethanol content of their gasoline from 20% to 23%, starting on November 20th.
6/19/06 The International Monetary Fund said on Monday that Brazil's economy was less vulnerable amid lower external and domestic debt and foreign reserves that are at more comfortable levels.
6/6/06 YoY Brazil's industrial output fell 1.9% in April.
4/19/06 Brazil's central bank cut its benchmark lending rate on Wednesday to a five-year low of 15.75 percent from 16.50 percent, the seventh straight cut since September to help bolster the economy as inflation eases.
3/1/06 Brazilian traders returned to work on Wednesday and lifted stocks to a record high on news that Standard & Poor's upgraded the country's credit rating -- the Real ended near a five-year high.
2/21/06 Dow-Jones Newswires reported that because of strong ethanol demand, Brazil will reduce ethanol in its gasoline from 25% to 20%.
2/10/06 This year Brazils government has bought back $2.3 billion of about $90 billion of debt denominated in foreign currencies.Brazil's advance to an investment grade rating is a matter of time now that the South American nation's economy is on a stable growth trajectory, Finance Minister Antonio Palocci.
1/19/06 Brazil posted a record current account surplus of $14.19 billion for 2005, up from $11.71 billion in 2004.
1/12/06 Inflation in Brazil slowed in 2005 for the fourth year in a row.
12/9/05 Brazil inflation eased in November, official data showed on Friday, reinforcing bets the central bank will cut interest rates next week.
11/15/05 Brazilian farmers' dreams dry up The so-called "Drought Polygon" is a nearly 390,000-square-mile area that includes nine northeastern states, practically a third of Brazil. Rain is so infrequent that Brazilians joke that the first sign of drought is news of supermarket looting. Specialists, who are not joking, say the scant rainfall, deforestation, overgrazing and unsustainable farming practices could make this region of 18 million people the world's largest new desert.
11/10/05 Industrial production in Brazil fell more than expected in September from August, suggesting that high interest rates took a toll on Latin America's largest economy in the third quarter.
11/08/05 Brazil's agricultural exports totaled $36.2 billion in the first ten months of 2005, a new record high, helped by sales of soybeans, ethanol, coffee, sugar, and orange juice.
10/27/05 Brazil's central bank on Thursday said it saw a benign inflation scenario with only 'transitory' price pressures and raised market expectations it would continue its current pace of interest rate cuts.
09/01/05 Brazil's economy grew at 3.9 percent from a year earlier more than expected.
08/09/05 Brazil's currency on Tuesday closed below 2.300 per dollar for the first time in over three years while stocks climbed to a five-month high.
08/03/05 Brazil has made itself into a "shining example" of strong economic performance that stands in sharp contrast to Europe and Japan, U.S. Treasury Secretary John Snow said on Tuesday.
06/13/05 Investors pushed Brazilian stocks down again Monday over concerns about a bribes-for-votes political scandal, adding to losses that sent the country's benchmark index plunging last week.
05/19/05 Brazil: Amazon destruction accelerating - 26,000 sq km of forest were chopped down in the last 12 months .
05/02/05 Brazils government reported a trade surplus of $3.88 billion in April, up from $1.96 billion in the same month last year. Exports in April reached $9.20 billion while imports totaled $5.33 billion.
03/10/05 Brazilian industrial output fell 0.5 percent in January from December. The decline was expected after a strong 2004, when Brazil's economy grew at its fastest pace in a decade
03/01/05 Brazil's GDP increased 5.2% in 2004, the biggest gain since 1994.
12/29/04 Brazil, the central bank said it expects inflation to reach 7.4 pct in 2004 and 5.3 pct in 2005, compared with previous estimates of 7.2 pct and 5.6 pct respectively.It noted the 2004 inflation forecast is still below the 8 pct target set by the government.It also raised the GDP growth forecast to 5 pct in 2004 from 4.4 pct forecast in September. The 2005 forecast stands at 4 pct.
12/20/04  Brazilian coffee consumption could rise to 16 million 60-kg bags in 2005 as Brazil’s economic recovery continues and the drink becomes more popular, a Brazilian coffee industry leader said last Friday.
12/20/04 Brazil had its first current account deficit in seven months in November as a growing economy boosted imports and a strengthening Brazilian currency helped reduce exports.
12/15/04 Brazil Raises Benchmark Lending Rate to 17.75 Percent
12/08/04 The national consumer price inflation index (IPCA) was up 0.69 pct in November from October, and up 7.24 pct from a year earlier, statistics bureau IBGE said. In the first 11 months of the year, prices rose by 6.68 pct, compared with an increase of 8.74 pct in the year-earlier period.
11/30/04 The vigour of Brazil’s economic recovery continued into the third quarter. GDP expanded by a rapid 6.1% pace, the best year-on-year performance since 1996.
11/11/04 Brazils inflation index rose 0.44 percent in October, compared with a rise of 0.33 percent in September, the government's IBGE statistics agency said on Thursday
10/29/04 Brazils consolidated deficit, including federal and local governments and state-owned companies, rose to 5.45 billion reais ($1.9 billion), or 2.8 percent of gross domestic product, from 651 million reais, or 2.9 percent, in August, the central bank in Brasilia said in a report.
10/20/04 Brazil raised its benchmark interest rate one-half point Wednesday to 16.75 percent in an effort to curb inflation amid recent economic growth.
10/11/04 Brazilian industrial output rose a stronger-than-expected 1.1 percent in August from July, its sixth consecutive monthly gain.
10/08/04 Inflation in Brazil slowed in September to 0.33 percent, its lowest level in nearly a year.
06/12/04 Brazilian consumer prices rose by 5.2% in the year to May.
06/01/04 Brazil -- In one of this country's largest foreign deployments of troops in 40 years, a team of Brazilian soldiers is due to assume command Tuesday of a U.N. peacekeeping force in Haiti.
04/27/04 (Reuters)Brazil on Tuesday posted its largest current account surplus ever for the month of March, fueled by the country's booming exports.The current account balance, a country's widest measure of foreign transactions, rose to a surplus of $817 million from $169 million a year earlier, the central bank said.