🟢 Focused Region ETF (EWZ) is trading 3.25% up as Petrobras and Vale support Ibovespa gains

EWZ is trading at $35.25, up 3.25%, as Brazilian assets strengthen, led by Petrobras and Vale.

• Petrobras and Vale were among the strongest Ibovespa blue chips, gaining 2.8% and 2.6%, respectively.
• Broader risk appetite is improving as U.S. equities rebound and Treasury’s larger bond-buyback program supports liquidity, benefiting emerging-market sentiment.
• Brazil’s index was comparatively muted, suggesting EWZ’s move is amplified by concentrated holdings and intraday trading.