Brazil Stocks, ETFs Hit High on Currency Strength, Karel Mercx Says Brazil's Central Bank Is The 'Most Responsible' In The World
Brazilian stocks have surged in 2026, with the Bovespa hitting record highs as a strengthening Brazilian real draws global investors and lifts market sentiment. The rally—up around 30% year-to-date—has been led by gains in financials, energy, and utilities, while Brazil-focused ETFs like EWZ and FLBR have also climbed to fresh highs. Investors remain optimistic, supported by high real interest rates, strong commodity prices, and confidence in the country's central bank, which Karel Mercx called "the most responsible in the world."