Geopolitics Alpha

Brazil inflation remains above goal despite softer-than-expected October reading

Published . Updated .

Covered by 5 outlets: KELO-AM, WTVB, WKZO, Reuters, TradingView.

Who covered it: Center 1 · Not rated 4. How we rate outlets

Key takeaways

  • SAO PAULO, Nov 12 (Reuters) - Consumer prices in Brazil rose less than expected in the 12 months through October but ​remained above the central bank's target range, ‌as policymakers vow to keep using high interest rates to rein in persistent inflation...
  • Exposed: EWZ, EMB, EMLC, EEM, PBR
  • Market reaction: EWZ −2.0% on the day; EMB −0.8% on the day; NU −3.9% on the day

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Brazil inflation remains above goal despite softer-than-expected October reading

SAO PAULO, Nov 12 (Reuters) - Consumer prices in Brazil rose less than expected in the 12 months through October but ​remained above the central bank's target range, ‌as policymakers vow to keep using high interest rates to rein in persistent inflation...

Directly affected

  • No company is named in this report.

Indirectly affected

  • XRT SPDR S&P Retail ETF

    SPDR S&P Retail ETF: it holds retailers. Linked by “consumer” (retail and consumer goods) in this story.

  • XLY Consumer Discretionary Select Sector SPDR+5.7% 30d

    Consumer Discretionary Select Sector SPDR: it holds retailers. Linked by “consumer” (retail and consumer goods) in this story.

  • EWZ iShares MSCI Brazil ETF-13.8% 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+0.3% 6d

    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-1.6% 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-3.3% 13d

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

  • WMT Walmart+19.7% 30d

    Walmart (variety stores): retailers move with shopper spending and import costs. Linked by “consumer” (retail and consumer goods) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XRT-1.37%+0.47%base-1.79%after closeafter closeafter close
XLY-2.75%-0.01%base-0.45%after closeafter closeafter close
EWZ-2.11%+0.54%base-2.00%after closeafter closeafter close
CEW+0.00%+0.00%base—after closeafter closeafter close
EMB-0.03%+0.53%base-0.81%after closeafter closeafter close
EMLC+0.45%+1.06%base-0.57%after closeafter closeafter close
EEM-6.42%-1.63%base-1.52%after closeafter closeafter close
WMT+1.59%-0.08%base+0.37%after closeafter closeafter close

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.

Brazil inflation remains above goal despite softer-than-expected October reading KELO-AM

Source: KELO-AM

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

CompanyWhenMoveStatus
CEWthree days earlier0.00%final price
CEWfive days earlier0.00%final price
Ishares Tr (EEM)that day-1.52%final price
Ishares Tr (EEM)three days earlier-1.63%final price
Ishares Tr (EEM)five days earlier-6.42%final price
Ishares Tr (EMB)that day-0.81%final price
Ishares Tr (EMB)three days earlier+0.53%final price
Ishares Tr (EMB)five days earlier-0.03%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)that day-0.57%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)three days earlier+1.06%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)five days earlier+0.45%final price
Ishares Msci Brazil Etf (EWZ)that day-2.00%final price
Ishares Msci Brazil Etf (EWZ)three days earlier+0.54%final price
Ishares Msci Brazil Etf (EWZ)five days earlier-2.11%final price
WMTthat day+0.37%final price
WMTthree days earlier-0.08%final price
WMTfive days earlier+1.59%final price
XLYthat day-0.45%final price
XLYthree days earlier-0.01%final price
XLYfive days earlier-2.75%final price
XRTthat day-1.79%final price
XRTthree days earlier+0.47%final price
XRTfive days earlier-1.37%final price

Members of Congress who traded Ishares Msci Brazil Etf (EWZ) near this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

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

Companies carried with this story

  • EWZ Ishares Msci Brazil Etf

    Ishares Msci Brazil Etf (EWZ) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “Brazil inflation remains above goal despite softer-than-expected October reading.” Reason on file: iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazil”)

  • EMB Ishares Tr

    In “Brazil inflation remains above goal despite softer-than-expected October reading,” 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

    Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “Brazil inflation remains above goal despite softer-than-expected October reading.” 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 inflation remains above goal despite softer-than-expected October reading,” 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

    In “Brazil inflation remains above goal despite softer-than-expected October reading,” Petrobras - Petroleo Brasileiro (PBR) is linked, with no stored direction, medium confidence. 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 inflation remains above goal despite softer-than-expected October reading,” 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

    In “Brazil inflation remains above goal despite softer-than-expected October reading,” 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

  • VALE Vale S.A

    For “Brazil inflation remains above goal despite softer-than-expected October reading,” Vale S.A (VALE) is linked, with no stored direction, medium confidence. Reason on file: Vale S.A (metal mining) 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 12 Nov 2026, “Brazil inflation remains above goal despite softer-than-expected October reading” 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, Ishares Tr (EMB): 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

Dates and 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. EMLC traded between 24.50 and 25.02 across 20 sessions. The latest close on file is 24.56. EWZ traded between 31.40 and 43.77 across 20 sessions. The latest close on file is 31.74.

A simple score for Ishares Msci Brazil Etf (EWZ)

77 out of 100

“Brazil inflation remains above goal despite softer-than-expected October reading” scores 77 out of 100. The score uses 5 sources, and 8 linked companies.