Brazil's December PMI rises to 49.1 from the previous month's 48.7. It's the 3rd consecutive...

|By:, SA News Editor
Brazil's December PMI rises to 49.1 from the previous month's 48.7. It's the 3rd consecutive monthly increase, and the strongest print in 7 months, "suggest(ing) the worst of the current economic downturn may indeed be behind us." says HSBC chief Brazil economist Andre Loes. EWZ +3.9%.