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"trade news" Category
BRAZIL: Stocks Rise And Ibovespa Reaches New Record Level

Data showing a double-digit increase in China's imports in September boosted commodity prices and led the Brazilian stock market index Ibovespa to climb 0.41% Friday to 76,977.68 - a new record closing level. Vale's shares, an index heavyweight, rose 6%, boosted by higher iron ore prices.

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Exports to China boost trade balance

A long-standing trading partner, China has established itself as the most important market for Brazilian products. The country's interest in Brazilian raw materials has had a decisive role for Brazil's trade balance.

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Trade balance hits $1.3B surplus in 4th week of September

Brazil’s trade balance hit a US$ 1.270 billion surplus in the fourth week of September after US$ 4.808 billion in exports and US$ 3.538 billion in imports, according to numbers recently released by the Ministry of Industry, Foreign Trade and Services (MDIC).

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China, BRICS trade ministers vow to fight protectionism

China and the other BRICS nations pledged on Wednesday to fight protectionism and safeguard intellectual property rights, even as U.S. President Donald Trump considers action against what he sees as unfair trade practices by China.

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Mexican stocks hit record high, Brazil stocks lifted by commodities

Mexico's stock market hit a fresh record high on Tuesday, boosted by expectations of good earnings, while Brazil's stocks hit a one-month high as commodity price gains lifted shares of local
blue-chips Vale SA and Petróleo Brasileiro SA.

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Trade balance hits $2.2 billion surplus in 3rd week of July

In the third week of July, the trade balance recorded a surplus of US$ 2.203 billion, the result of US$ 5.276 billion in exports and US$ 3.073 billion in imports.

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Mercosur-Colombia agreement to benefit Brazilian exports

The Brazilian government signed an Economic Complementation Agreement (ACE) between Mercosur and Colombia on Friday (21) in Mendoza, Argentina.

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EU, Brazil to propose farm subsidies overhaul to appease developing nations

The European Union and Brazil will tell the World Trade Organization on Monday they are ready to shake up generous farm subsidies to reform a global trade landscape widely seen as stacked against emerging countries.

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Brazil increases reduced-tariff exports to the EU

A larger volume of Brazilian products can now enter the European Union at lower or zero import tariffs. As of this Saturday (1st), the bloc will increase Brazil's export quota for raw sugar by 78,000 tons and for chicken by 4,700 tons.

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Brazilian stocks rise, led by Embraer; Mexican peso slips

Brazilian stocks rose on Monday, supported by planemaker Embraer SA, while the Mexican peso slipped from a 13-month peak after comments by a Federal Reserve official supported bets of further U.S. interest rate hikes.

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