iShares MSCI Brazil

Nu Holdings Ltd. to Invest $4.2 Billion in Mexico

Envestnet Reduces Stake in Nu Holdings

Candriam S.C.A. Increased Holdings in Nu Holdings Ltd. in Q3

Bank of New York Mellon Reduced Holdings of Nu Holdings Ltd. in Q3

Nu Holdings Ltd. Approved by OCC to Establish Nubank, N.A.

University of Washington Increases Stake in Nu Holdings Ltd.

iShares MSCI Brazil Index ETF Options Trading Active

NU Holdings (Cayman) Target Price Raised to $20, Analysts Maintain Positive View

Pilgrim Partners Asia Increased Holdings in Nu Holdings in Q3

Nu Holdings plans to invest 2.5 billion reais over five years to expand its office network in Brazil

Revolut and Nu Partner with F1 Teams to Boost Visibility and Scale

Nu Holdings Ltd. Announces New Customer Initiatives and Celebrates Record Growth

Wolfe Research Analyst Reiterates Buy Rating on NU Holdings

IFM Investors Pty Ltd Increased Its Stake in Nu Holdings Ltd. Significantly in Q3

Nu Asset Launches ETF Tracking Anbima Financial Bill Index

Financial Giants Maintain Positive Outlook on NU Holdings

Goldman Sachs Reiterates Buy Rating, BofA Raises PT, Bullish on Nu Holdings

Daiwa Securities Increased Holdings in NU Holdings Ltd.

Nubank plans to acquire a small bank to comply with new regulations

Nu Holdings Ltd. achieves 4 million customers in Colombia and launches innovative financial products

Mega Fortune

ARROWMARK FINANCIAL CORP COM USD0.001 (S/R 18/02/2026)

BAYVIEW ACQUISITION CORPORATION COM USD0.0001 (S/R)

Fastly

ChowChow Cloud

Galecto

Cognex

Haoxin

SCWorx

IPG Photonics

ARGT

Latin American currencies and stocks experienced a decline, with the MSCI Latin American currency index down 0.2% and equity benchmark falling 1.3%. The Argentine peso rose 0.6% following the Senate's approval of President Milei's labor reform. Brazil's economy shows signs of cooling, with services activity dropping and the real down 0.4%. Analysts note that Latin America is attracting capital due to favorable valuations and reduced geopolitical tensions. Overall, markets in oil-exporting countries like Colombia and Mexico also faced declines amid falling crude prices.

Reuters

ISHRS L Amer 40

Global X MSCI Argentina

EMERGING MARKETS-LatAm FX, stocks retreat as investors weigh local data; Argentine peso climbs

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COFF

Brazil's canephora coffee producers, including robusta, are expanding into new regions due to high prices. While Brazil is the largest arabica producer, it is rapidly increasing its canephora output, particularly in states like Mato Grosso and Minas Gerais. The demand for canephora is rising, with prices hitting record levels last year. Mato Grosso aims to improve productivity by learning from neighboring Rondonia, while Ceara is exploring opportunities for conilon and robusta Amazonica cultivation, potentially becoming a significant coffee exporting area by 2026.

ChinaAMC Bradesco Bovespa ETF(QDII)

E Fund Itausa Bovespa ETF(QDII)

WisdomTree Coffee

Brazil's producers of canephora coffees, including robusta, expand into new territory

GOLD

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EVLU

EDIV

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DFEV

Smart money is shifting into foreign markets as tech stocks in the U.S. underperform. Notably, South Korea's ETF has outperformed the Invesco QQQ Trust by 27.48%, driven by strong demand for memory products. Other outperforming ETFs include Brazil, Mexico, Thailand, Japan, and Europe, indicating a trend away from U.S.-centric AI investments. Additionally, gold is seeing increased interest amid concerns over the U.S. stock market's high levels. Investors are advised to monitor money flows in major stocks and consider tactical positions while holding long-term investments.

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Gold.com

ZHONGJIN GOLD

Kinross Gold

Zijin Mining

Agnico Eagle Mines

iShares MSCI Emerging Mkts Val Fac ETF

Schw Em Mkt

SPDR S&P Em Mkt Dvd

iShares MSCI Global Gold Miners

VanEck Junior Gold Miners ETF

ISHRS MSCI Thailand Capped

iShares Core MSCI EM

VanEck Gold Miners ETF

ISHRS MSCI Japan

EFUND GOLD MI ETF

SPDR Em Mkt

GLOBAL X Gold Explorers

ChinaAMC Gold ETF

Roundhill Gold Miners Weeklypay ETF

EFUND GOLD MI-R

EFUND GOLD MI-U

Us Gbl GLD & Met

YieldMax Gold Miners Opt Inc Strgy ETF

Sprott GLD Miners Etf

E Fund Gold ETF

SPDR Gold Shares

iShares MSCI Em

ISHRS MSCI S Korea Capped

VG Em Mkts

iShares MSCI EM Ex-China

Pro Ultr GLD

iShares Gold Trust

iShares Emerging Markets Equity Factor ETF

Pro MSCI Eur Dvd Grow

Dimensional Emerging Markets Value ETF

E Fund Gold Theme Fund(LOF)-A(CNY)

Avantis Emerging Markets Value ETF

To Balance AI-Heavy Portfolios Smart Money Quietly Shifting Into Foreign Markets – Tech Stocks Underperform

Brazil's services sector activity fell 0.4% in December, missing economists' expectations of a 0.1% increase, according to IBGE data. Three of five service groups reported declines, with transport experiencing the largest drop. Persistent price pressures are a concern for the central bank, which has maintained a benchmark interest rate of 15% to combat inflation. Year-on-year, services output rose 3.4%, close to the anticipated 3.5% increase.

- Brazil's service sector activity fell by 0.4% in December, contrary to economists' expectations of a 0.1% growth, as high interest rates continued to exert pressure.  
- Three of the five service groups experienced declines, with the transportation sector seeing the most significant drop.  
- Year-on-year, service sector output grew by 3.4%, aligning closely with the anticipated 3.5% increase, while ongoing price pressures remain a concern for Brazil's central bank, which kept the benchmark interest rate at 15%.

Brazil's services sector activity misses expectations in December

FLBR

BRZU

BRAZ

EWZS

Two Brazilian companies listed in the U.S. are facing challenges due to fluctuating investor interest and market instability. Investor sentiment is cautious, influenced by broader economic uncertainties and global market volatility. Despite these hurdles, the firms are committed to their growth strategies and aim to reassure stakeholders while adapting to the unpredictable financial landscape.

CoinLive

Franklin FTSE Brazil

Pro Ultr MSCI Brazil CPro

Direxion Daily MSCI Brazil Bull 2X

Global X Brazil Active ETF

iShares MSCI Brazil Small Cap

VanEck Brazil Small-Cap ETF

Brazilian Firms Face Investor Hesitancy Amid Market Volatility

FNCL

KBWB

Nu Holdings has seen a remarkable 232% return over three years, raising questions about its current value. The stock closed at $17.41, with recent returns of 2.3% weekly and 27.6% annually. Analysts highlight its growth potential in Latin America's digital banking sector, but valuation checks score it 0/6, suggesting it may be overvalued by 35.5% based on Excess Returns analysis. The P/E ratio of 33.36x is significantly higher than industry averages, indicating the stock is expensive. Investors are encouraged to consider their narratives and valuations before investing.

Simplywall

Fidelity MSCI Financials Index

Invesco KBW Bank

NU Holdings

VG Financial

Is It Too Late To Consider Nu Holdings (NU) After A 232% Three Year Surge?

OTGL

AVEM

Latin American stocks and currencies reached record highs as investors reacted to strong U.S. job growth data. The MSCI Latin American equities index rose 1.7%, while the currency index increased by 0.3%. Brazil's stock index hit an all-time high, driven by a surge in pulp maker Suzano's shares. However, uncertainty looms over the Mexican peso due to inflation concerns and potential trade pact changes. Analysts suggest that Latin American markets may continue to outperform as investors seek undervalued opportunities.

OTG Latin America ETF

Wisdomtree EM High Dividend Fund

Suzano Papel E Celulo

Avantis Emerging Markets Equity ETF

EMERGING MARKETS-LatAm FX, stocks touch record highs as markets digest U.S. data

SOYB

USDA raises outlook for Brazil's soybean harvest

marketscreener

Teucrium Soybean

USDA raises outlook for Brazil's soybean harvest

Emerging markets are experiencing a significant rally, gaining 34% in 2025 and continuing into 2026 with ETFs up double digits. Analysts attribute this momentum to dollar weakness, accelerating earnings, and tech exposure. Key performers include South Korea, Brazil, and Peru. LPL Financial highlights five drivers for continued EM growth: a weakening dollar, superior earnings growth compared to the U.S., Asia's critical role in AI, technical breakouts in market indices, and a wide valuation gap. Veteran strategist Ed Yardeni notes that emerging markets may benefit from a long-term shift in global economic dynamics.

Nomura Holdings, Inc.

FIL Ltd.

Emerging Markets Are Roaring Back — And Wall Street's Starting To Chase

FINX

Envestnet Asset Management Inc. reduced its stake in Nu Holdings Ltd. by 5.1%, selling 173,084 shares during Q3, now holding 3,195,158 shares valued at $51.15 million. Other investors, including Norges Bank and Jennison Associates, also adjusted their holdings. Analysts have raised price targets for NU, with a consensus rating of "Moderate Buy" and an average target price of $18.34. NU shares opened at $17.50, with a market cap of $84.33 billion and a recent EPS of $0.17, exceeding estimates. Nu Holdings is a Latin American fintech company offering digital banking services.

Market Beat

Global X Fintech

Envestnet Asset Management Inc. Sells 173,084 Shares of Nu Holdings Ltd. $NU

Brazil's Finance Minister Fernando Haddad said on Tuesday he sees no reason for the country's real interest rate to continue rising, noting that inflation is falling while the benchmark nominal rate remains steady at 15%."With a real interest rate at this level, you cannot offset it with any amount of primary surplus," Haddad said at an event hosted by BTG Pactual in Sao Paulo.

- Brazilian Finance Minister Fernando Haddad stated that he sees no reason for further increases in the country's real interest rates.  
- He noted that inflation is declining while the benchmark nominal rate remains stable at 15%.  
- Haddad emphasized that at the current level of real interest rates, no amount of primary surplus can offset it.

Brazil's finance minister sees no reason for real interest rates to keep rising

BSBR

BDORY

Brazil's credit guarantee fund FGC has approved new rules to enhance liquidity, requiring lenders to advance contributions totaling 84 months by 2028. This includes 60 months this year, 12 months in 2027, and another 12 months in 2028. An extraordinary contribution rate of 50% of the usual rate was also approved, though its duration remains unclear. These changes follow the central bank's liquidation of Banco Master, with FGC in discussions with institutions and the central bank regarding liquidity restoration.

Banco Santander Brasil

Banco do Brasil

Brazil's FGC fund approves rules to bring forward lenders contribution, Valor reports

Brazil returns to the busiest international bond market in over twenty years, issuing $3.5 billion in bonds. (Bloomberg)

Wallstreetcn

The Brazilian real has strengthened towards 5.22 per US dollar due to high domestic carry, clearer monetary policy guidance, and supportive external conditions. Central bank minutes indicate potential easing starting in March, maintaining attractive real yields with the Selic at 15%. A softer US dollar has also boosted inflows into emerging market currencies. However, ongoing fiscal uncertainty and political issues limit further gains by sustaining a risk premium.

Trading Economics

Brazilian Real Tests May 2024 Highs

Latin American currencies and stocks rose as investors anticipate significant economic data this week. The Mexican peso gained 0.4% against the U.S. dollar following a rise in inflation, supporting the Bank of Mexico's cautious stance on rate cuts. Brazil's real also strengthened, with expectations for a potential rate-cutting cycle starting in March, contingent on moderate inflation data. Overall, Latin American markets showed modest gains despite recent volatility, with key indexes reflecting positive trends ahead of upcoming inflation reports from Brazil and Argentina.

ISHRS MSCI Mexico Capped

EMERGING MARKETS-Latam FX firms, stocks rise ahead of packed week of inflation readings

iShares MSCI Brazil(EWZ.US)

EMERGING MARKETS-LatAm FX, stocks retreat as investors weigh local data; Argentine peso climbs

Brazil's producers of canephora coffees, including robusta, expand into new territory

To Balance AI-Heavy Portfolios Smart Money Quietly Shifting Into Foreign Markets – Tech Stocks Underperform

Brazil's services sector activity misses expectations in December

Brazilian Firms Face Investor Hesitancy Amid Market Volatility