Brazilian assets are rising in New York and Petrobras ADR by 5%



Brazilian assets traded abroad increased losses by 20 percent late Tuesday afternoon in the United States, which resulted in a sharp decline in oil prices and an increase in aversion to risk on the international financial market. EWZ, the largest index fund associated with Brazil, with assets of $ 7 billion, was known to have fallen by 3% and traded at a low level of the day.

Among American deposit receipts (ADR), shares of Brazilian listed companies listed on the US stock exchanges, Petrobras fell 5%, Vale fell by 4.82%, Bradesco fell 4.01% and Itaú 3.11%.

Credit Default Swap (CDS), a measure of country risk perception, was still traded at 214 basis points, from 207.90 at the end of Monday, according to IHS Markit's five-year contracts.




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