Brazilian Stocks Rise as Reforms Optimism Outweigh Fed Concern

  • State-owned Petrobras contributes most to Ibovespa’s gains
  • Senate starts trial to oust President Dilma Rousseff

Can Temer Revive Growth in Brazil?

The Ibovespa rose from a two-week low as the approval of a budget bill fueled optimism that Acting President Michel Temer will be able to get support for measures aimed at restoring growth.

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