UPDATE 2-Brazilian stocks hit new high, markets rally on rate cut hopes
Brazilian markets rallied on
Friday as the increasing likelihood of interest rate cuts at
home and abroad, together with rising oil prices and optimism
over domestic economic reforms boosted investor sentiment and
sent stocks to their highest on record.
Friday as the increasing likelihood of interest rate cuts at
home and abroad, together with rising oil prices and optimism
over domestic economic reforms boosted investor sentiment and
sent stocks to their highest on record.
Posted by Reuters
