Geopolitics Alpha

Brazil's Lula not weighing proposal to slash interest rates, minister says

Published . Updated .

Covered by 4 outlets: StreetInsider, Reuters, The Lufkin Daily News, TradingView.

Who covered it: Center 1 · Not rated 3. How we rate outlets

Key takeaways

  • Exposed: EWZ, CEW, EMB, EMLC, EEM
  • Market reaction: EWZ −1.2% on the day (still updating); ITUB −2.4% on the day (still updating); PBR −0.8% on the day (still updating)

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GEOPOLITICS ALPHABrazil's Lula not weighingproposal to slash interest rates,minister saysGEOPOLITICS ALPHA

This report is about Brazil.

Directly affected

  • No company is named in this report.

Indirectly affected

  • EWZ iShares MSCI Brazil ETF-15.9% 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% 10d

    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+23.3% 7d

    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+6.72%+3.05%base-1.24%after closeafter closeafter close
CEW+0.00%+0.00%baseafter closeafter closeafter closeafter close
EMB+0.14%+0.50%base-0.28%after closeafter closeafter close
EMLC+0.39%+0.39%base-0.20%after closeafter closeafter close
EEM+2.27%+2.65%base+0.38%after closeafter closeafter close
PBR+5.29%+3.45%base-0.80%after closeafter closeafter close
ITUB+6.83%+2.79%base-2.37%after closeafter closeafter close
NU+6.71%+3.74%base-0.34%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's Lula not weighing proposal to slash interest rates, minister says StreetInsider

Source: StreetInsider

The price since 3 Nov 2026: Ishares Msci Brazil Etf (EWZ) versus the S&P 500

CompanyWhenMoveStatus
Wisdomtree Tr (CEW)three days earlier0.00%final price
Wisdomtree Tr (CEW)five days earlier0.00%final price
Ishares Tr (EEM)that day+0.38%still updating
Ishares Tr (EEM)three days earlier+2.65%final price
Ishares Tr (EEM)five days earlier+2.27%final price
Ishares Tr (EMB)that day-0.28%still updating
Ishares Tr (EMB)three days earlier+0.50%final price
Ishares Tr (EMB)five days earlier+0.14%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)that day-0.20%still updating
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)three days earlier+0.39%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)five days earlier+0.39%final price
Ishares Msci Brazil Etf (EWZ)that day-1.24%still updating
Ishares Msci Brazil Etf (EWZ)three days earlier+3.05%final price
Ishares Msci Brazil Etf (EWZ)five days earlier+6.72%final price
Itau Unibanco Holding S.A (ITUB)that day-2.37%still updating
Itau Unibanco Holding S.A (ITUB)three days earlier+2.79%final price
Itau Unibanco Holding S.A (ITUB)five days earlier+6.83%final price
Nu Holdings (NU)that day-0.34%still updating
Nu Holdings (NU)three days earlier+3.74%final price
Nu Holdings (NU)five days earlier+6.71%final price
Petrobras - Petroleo Brasileiro (PBR)that day-0.80%still updating
Petrobras - Petroleo Brasileiro (PBR)three days earlier+3.45%final price
Petrobras - Petroleo Brasileiro (PBR)five days earlier+5.29%final price

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

Companies tied to this story

  • EWZ Ishares Msci Brazil Etf

    Ishares Msci Brazil Etf (EWZ) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Brazil's Lula not weighing proposal to slash interest rates, minister says.” Reason on file: iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazil”)

  • CEW Wisdomtree Tr

    In “Brazil's Lula not weighing proposal to slash interest rates, minister says,” Wisdomtree Tr (CEW) is linked, with no stored direction, medium confidence. Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Brazil

  • EMB Ishares Tr

    In “Brazil's Lula not weighing proposal to slash interest rates, minister says,” 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 Lula not weighing proposal to slash interest rates, minister says,” 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

    In “Brazil's Lula not weighing proposal to slash interest rates, minister says,” 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's Lula not weighing proposal to slash interest rates, minister says,” 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 Lula not weighing proposal to slash interest rates, minister says,” 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's Lula not weighing proposal to slash interest rates, minister says,” 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 3 Nov 2026 story “Brazil's Lula not weighing proposal to slash interest rates, minister says” names Ishares Msci Brazil Etf (EWZ) because of this story.

Ishares Msci Brazil Etf (EWZ) is on the page because 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

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. EWZ traded between 31.40 and 43.77 across 20 sessions. The latest close on file is 32.16.

A simple score for Ishares Msci Brazil Etf (EWZ)

69 out of 100Price not final

“Brazil's Lula not weighing proposal to slash interest rates, minister says” scores 69 out of 100. The score uses 4 sources, and 8 linked companies. The price is not final yet.