Geopolitics Alpha

Brazil central bank to hold rates at 13.75% in pause after Lula re-election

Published . Updated .

Brazil central bank to hold rates at 13.75% in pause after Lula re-election

By Gabriel BurinBrazil's central bank will likely hold its benchmark interest rate on Wednesday, a Reuters poll found, pausing a string of cuts to better evaluate the economic outlook in the wake of October's presidential vote.Domestic markets took a hit last week after the

Directly affected

  • No company is named in this report.

Indirectly affected

  • EWZ iShares MSCI Brazil ETF-14.7% 30d

    iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazil”).

  • CEW WisdomTree Emerging Currency Strategy Fund

    WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Brazil.

  • EMB iShares J.P. Morgan USD Emerging Markets Bond ETF-2.1% 11d

    iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Brazil

  • EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-2.9% 30d

    VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Brazil.

  • EEM iShares MSCI Emerging Markets ETF-0.3% 30d

    iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Brazil

  • PBR Petróleo Brasileiro S.A. - Petrobras

    Petróleo Brasileiro S.A. - Petrobras (crude petroleum and natural gas) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazil”) reaches its shares.

  • ITUB Itaú Unibanco Holding S.A+23.6% 8d

    Itaú Unibanco Holding S.A (state commercial banks) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazil”) reaches its shares.

  • NU Nu Holdings

    Nu Holdings (finance services) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazil”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
EWZ+5.16%+3.65%base+0.80%after closeafter closeafter close
CEW+0.00%+0.00%baseafter closeafter closeafter closeafter close
EMBNo price data for this ticker———————
EMLCNo price data for this ticker———————
EEMNo price data for this ticker———————
PBRNo price data for this ticker———————
ITUBNo price data for this ticker———————
NUNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Brazil central bank to hold rates at 13.75% in pause after Lula re-election TradingView

Source: TradingView

Ishares Msci Brazil Etf (EWZ) since this story, compared with the market

CompanyWhenMoveStatus
Wisdomtree Tr (CEW)three days earlier0.00%final price
Wisdomtree Tr (CEW)five days earlier0.00%final price
Ishares Msci Brazil Etf (EWZ)that day+0.80%still updating
Ishares Msci Brazil Etf (EWZ)three days earlier+3.65%final price
Ishares Msci Brazil Etf (EWZ)five days earlier+5.16%final price

Who gains and who loses around Ishares Msci Brazil Etf (EWZ)

Companies tied to this story

  • EWZ Ishares Msci Brazil Etf

    For “Brazil central bank to hold rates at 13.75% in pause after Lula re-election,” Ishares Msci Brazil Etf (EWZ) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazil”)

  • CEW Wisdomtree Tr

    Wisdomtree Tr (CEW) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Brazil central bank to hold rates at 13.75% in pause after Lula re-election.” Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Brazil

  • EMB Ishares Tr

    For “Brazil central bank to hold rates at 13.75% in pause after Lula re-election,” Ishares Tr (EMB) is linked, with no stored direction, medium confidence. Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Brazil

  • EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf

    For “Brazil central bank to hold rates at 13.75% in pause after Lula re-election,” Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence. Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Brazil

  • EEM Ishares Tr

    For “Brazil central bank to hold rates at 13.75% in pause after Lula re-election,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Brazil

  • PBR Petrobras - Petroleo Brasileiro

    Petrobras - Petroleo Brasileiro (PBR) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Brazil central bank to hold rates at 13.75% in pause after Lula re-election.” Reason on file: Petróleo Brasileiro S.A. - Petrobras (crude petroleum and natural gas) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazil”) reaches its shares

  • ITUB Itau Unibanco Holding S.A

    In “Brazil central bank to hold rates at 13.75% in pause after Lula re-election,” Itau Unibanco Holding S.A (ITUB) is linked, with no stored direction, medium confidence. Reason on file: Itaú Unibanco Holding S.A (state commercial banks) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazil”) reaches its shares

  • NU Nu Holdings

    For “Brazil central bank to hold rates at 13.75% in pause after Lula re-election,” Nu Holdings (NU) is linked, with no stored direction, medium confidence. Reason on file: Nu Holdings (finance services) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazil”) reaches its shares

Ishares Msci Brazil Etf (EWZ)

On 2 Nov 2026, “Brazil central bank to hold rates at 13.75% in pause after Lula re-election” is the story that connects Ishares Msci Brazil Etf (EWZ) to this story.

For Ishares Msci Brazil Etf (EWZ), the reason on file says iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazil”)

Also listed, Wisdomtree Tr (CEW): WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Brazil

Price levels for Ishares Msci Brazil Etf (EWZ)

EMB traded between 90.23 and 91.35 across 6 sessions. The latest close on file is 91.26. EWZ traded between 31.40 and 43.77 across 20 sessions. The latest close on file is 32.47.

What the saved facts support for Ishares Msci Brazil Etf (EWZ)

46 out of 100Price not final

“Brazil central bank to hold rates at 13.75% in pause after Lula re-election” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.