Brazil Stocks Rise as Itau Gains on Bets U.S. Rate Raise Delayed

  • After weak economic data, odds of increase this month fall
  • Petrobras advances as BTG Pactual says buy on assets-sale plan

The Ibovespa rose for the first time in three days as weak factory data in the U.S. fueled speculation that an increase in interest rates in the world’s largest economy may not happen as soon as previously expected.

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