S&P Cuts Outlook on Brazil to Negative, Affirms Ratings

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Brazil Real Fluctuates as Bond Tax Elimination Adds to Uncertainty (EWZ) (BZF)

June 5, 2013 12:00 PM EDT

iShares MSCI Brazil Index (NYSE: EWZ) and WisdomTree Dreyfus ETF Brazil Real Fund (NYSE: BZF) ETFs are on watch Wednesday as the Brazilian government is said to have scrapped a plan to impose a tax on foreign bond... More