Brazil's central bank ends run of rate cuts after Lula election win
Published . Updated .
Covered by 4 outlets: The Mighty 790 KFGO, Central Oregon Daily, StreetInsider, Reuters.
Who covered it: Center 1 · Not rated 3. How we rate outlets
Key takeaways
- BRASILIA, Nov 4 (Reuters) - Brazil's central bank on Wednesday ended a run of interest rates cuts that began in March and kept borrowing costs on hold as it faced the prospect of higher inflation following President Luiz Inacio Lula da Silva...
- Exposed: EWZ, CEW, EMB, EMLC, EEM
- Market reaction: price tracking starts with the next trading session.
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BRASILIA, Nov 4 (Reuters) - Brazil's central bank on Wednesday ended a run of interest rates cuts that began in March and kept borrowing costs on hold as it faced the prospect of higher inflation following President Luiz Inacio Lula da Silva...
Directly affected
- No company is named in this report.
Indirectly affected
- EWZ iShares MSCI Brazil ETF-15.1% 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-1.9% 9d
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+0.0% 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+22.8% 6d
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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| EWZ | +2.70% | -0.34% | base | after close | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | after close | after close | after close | after close |
| EMB | -0.15% | -0.65% | base | after close | after close | after close | after close |
| EMLC | -0.22% | -0.61% | base | after close | after close | after close | after close |
| EEM | +1.82% | -0.81% | base | after close | after close | after close | after close |
| PBR | +11.68% | +7.96% | base | after close | after close | after close | after close |
| ITUB | +1.24% | -1.51% | base | after close | after close | after close | after close |
| NU | +0.67% | -2.96% | base | after close | after close | after close | after 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’s central bank ends run of rate cuts after Lula election win The Mighty 790 KFGO
Source: The Mighty 790 KFGO
Ishares Msci Brazil Etf (EWZ) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Wisdomtree Tr (CEW) | three days earlier | 0.00% | final price |
| Wisdomtree Tr (CEW) | five days earlier | 0.00% | final price |
| Ishares Tr (EEM) | three days earlier | -0.81% | final price |
| Ishares Tr (EEM) | five days earlier | +1.82% | final price |
| Ishares Tr (EMB) | three days earlier | -0.65% | final price |
| Ishares Tr (EMB) | five days earlier | -0.15% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | three days earlier | -0.61% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | five days earlier | -0.22% | final price |
| Ishares Msci Brazil Etf (EWZ) | three days earlier | -0.34% | final price |
| Ishares Msci Brazil Etf (EWZ) | five days earlier | +2.70% | final price |
| Itau Unibanco Holding S.A (ITUB) | three days earlier | -1.51% | final price |
| Itau Unibanco Holding S.A (ITUB) | five days earlier | +1.24% | final price |
| Nu Holdings (NU) | three days earlier | -2.96% | final price |
| Nu Holdings (NU) | five days earlier | +0.67% | final price |
| Petrobras - Petroleo Brasileiro (PBR) | three days earlier | +7.96% | final price |
| Petrobras - Petroleo Brasileiro (PBR) | five days earlier | +11.68% | final price |
Who gains and who loses around Ishares Msci Brazil Etf (EWZ)
Companies carried with this story
- EWZ Ishares Msci Brazil Etf
For “Brazil's central bank ends run of rate cuts after Lula election win,” 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 4 Nov 2026 story “Brazil's central bank ends run of rate cuts after Lula election win.” 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's central bank ends run of rate cuts after Lula election win,” 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
In “Brazil's central bank ends run of rate cuts after Lula election win,” 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's central bank ends run of rate cuts after Lula election win,” 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
For “Brazil's central bank ends run of rate cuts after Lula election win,” 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's central bank ends run of rate cuts after Lula election win,” 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
Nu Holdings (NU) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Brazil's central bank ends run of rate cuts after Lula election win.” 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)
Ishares Msci Brazil Etf (EWZ) is the company in “Brazil's central bank ends run of rate cuts after Lula election win,” the 4 Nov 2026 this story story.
The link for Ishares Msci Brazil Etf (EWZ) is this: iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazil”)
Wisdomtree Tr (CEW) is here too. Its reason reads: 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 31.74.
How strong the case is around Ishares Msci Brazil Etf (EWZ)
69 out of 100
“Brazil's central bank ends run of rate cuts after Lula election win” scores 69 out of 100. The score uses 4 sources, and 8 linked companies.