- Despite struggling in two years of recession, Brazil has raised its prediction for economic growth in 2017 because of an increase in business and consumer confidence levels.
- The country estimates gross domestic product to increase 1.6% next year, compared with a previous forecast for an expansion of 1.2%, and left its forecast for inflation during 2017 unchanged at 4.8%.
- ETFs: EWZ, BRF, BRZU, EWZS, BZQ, BRAQ, BRAZ, UBR, DBBR, FBZ