BRF ETF

After months of decelerating inflation, Brazil finally pivots toward monetary easing. Given the excessively high real rates and with a BCB reshuffle catalyst on the horizon, the pace of easing could still surprise from here. The VanEck Brazil Small-Cap ETF offers investors a higher beta option to ride the domestic economic recovery.

The second-quarter quarter was upbeat for the stock market, having gained positive momentum from an agreement on the U.S. debt ceiling, encouraging Q1 results, easing inflation and an AI frenzy.

The month of May was marked with the U.S. debt deal, AI euphoria and the return of information technology stocks.

Luiz Inácio Lula da Silva returned to power in Brazil last year following a controversial election, a prison stint for corruption, and two prior terms in the country's top office earlier this century.

Another week has gone, and it's foreign equities that led in the week's top-performing ETFs. Investors looked abroad to both commodities centers and events like Turkey's election in their ETFs.