MSCI Brazil Index (EWZ) volatility elevated, Brazil's Senate backs impeachment President Rousseff

MSCI Brazil Index (NYSE: EWZ) is recently up 40c to $29.42 as the majority in Brazil's Senate backs the impeachment President Dilma Rousseff. May weekly call option implied volatility is at 51, May is at 43; compared to its 52-week range of 26 to 61.

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