Global X Brazil Active ETF Price & Performance (BRAZ)

India’s economic data for February reveals a mixed picture. Manufacturing PMI dipped to 56.3, while services PMI rose to 59.0. GST collections increased by 13% year-on-year, and central government capital expenditures surged 51.4% year-on-year. However, vehicle registrations declined, contrasting with robust air passenger traffic and steady credit growth.1

Brazil’s economy continues to face hurdles, with rising inflation and high interest rates pressuring equities like the iShares MSCI Brazil ETF. Despite a rebound earlier this year, fiscal mismanagement and external pressures, including U.S. tariff policies, have dampened investor sentiment, leading to underperformance compared to other emerging markets.23

Corporate interest in Bitcoin grows as firms like MSTR and Meliuz increase holdings. MSTR acquired over 20,000 BTC, while Meliuz allocated 10% of its cash flow. Meanwhile, Texas legislation could reshape mining costs, potentially favoring miners with on-site power generation. Regulatory developments continue influencing the cryptocurrency landscape.4