Geopolitics Alpha

Brazil's Central Bank Holds Selic at 13.75%, Pausing Rate Cuts

Published . Updated .

Key takeaways

  • Brazil's central bank paused rate cuts, keeping Selic at 13.75% amid rising inflation expectations and an economic slowdown.
  • Exposed: EWZ, CEW, EMB, EMLC, EEM
  • Market reaction: price tracking starts with the next trading session.

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Brazil's Central Bank Holds Selic at 13.75%, Pausing Rate Cuts

Brazil's central bank paused rate cuts, keeping Selic at 13.75% amid rising inflation expectations and an economic slowdown.

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-2.6% 8d

    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-1.7% 19d

    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+22.7% 5d

    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+2.70%-0.34%baseafter closeafter closeafter closeafter close
CEW+0.00%+0.00%baseafter closeafter closeafter closeafter close
EMB-0.15%-0.65%baseafter closeafter closeafter closeafter close
EMLC-0.22%-0.61%baseafter closeafter closeafter closeafter close
EEM+1.82%-0.81%baseafter closeafter closeafter closeafter close
PBR+11.68%+7.96%baseafter closeafter closeafter closeafter close
ITUB+1.24%-1.51%baseafter closeafter closeafter closeafter close
NU+0.67%-2.96%baseafter closeafter 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's Central Bank Holds Selic at 13.75%, Pausing Rate Cuts Briefs Finance

Source: Briefs Finance

Price since this story was published: Ishares Msci Brazil Etf (EWZ)

CompanyWhenMoveStatus
Wisdomtree Tr (CEW)three days earlier0.00%final price
Wisdomtree Tr (CEW)five days earlier0.00%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 tied to this story

  • EWZ Ishares Msci Brazil Etf

    In “Brazil's Central Bank Holds Selic at 13.75%, Pausing Rate Cuts,” 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 5 Nov 2026 story “Brazil's Central Bank Holds Selic at 13.75%, Pausing Rate Cuts.” Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Brazil

  • EMB Ishares Tr

    Ishares Tr (EMB) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Brazil's Central Bank Holds Selic at 13.75%, Pausing Rate Cuts.” 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 Holds Selic at 13.75%, Pausing Rate Cuts,” 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

    Ishares Tr (EEM) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Brazil's Central Bank Holds Selic at 13.75%, Pausing Rate Cuts.” 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 Holds Selic at 13.75%, Pausing Rate Cuts,” 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

    Itau Unibanco Holding S.A (ITUB) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Brazil's Central Bank Holds Selic at 13.75%, Pausing Rate Cuts.” 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's Central Bank Holds Selic at 13.75%, Pausing Rate Cuts,” 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)

The 5 Nov 2026 story “Brazil's Central Bank Holds Selic at 13.75%, Pausing Rate Cuts” names Ishares Msci Brazil Etf (EWZ) because of this story.

What ties Ishares Msci Brazil Etf (EWZ) to the headline is this: 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 31.74.

A simple score for Ishares Msci Brazil Etf (EWZ)

46 out of 100

“Brazil's Central Bank Holds Selic at 13.75%, Pausing Rate Cuts” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.