Bloomberg Market Wrap 2/12: OPEC, Brazil ETFs, S&P Moving Average

The video discusses recent developments in the oil market, focusing on OPEC's production cuts and the rise in US oil production. It highlights the impact of these changes on global oil prices and the Brazilian market, particularly Petrobras and the MSCI Brazil ETF. Additionally, the video analyzes the S&P 500's performance, emphasizing its position relative to the 200-day moving average and potential market trends.

What was the main reason OPEC's production cuts couldn't offset the rise in oil production?

• Increased US production

• Decreased global demand

• Higher oil prices

• OPEC's internal conflicts

Which company was upgraded by UBS, contributing to the rise in the MSCI Brazil ETF?

• Itaú Unibanco

• Petrobras

• Vale

• Braskem

What factor is helping the Brazilian real to strengthen?

• Rising oil prices

• Increased foreign investment

• Higher interest rates

• Crack in the rally of the dollar

What does the 200-day moving average indicate about the S&P 500?

• It is a resistance level

• It indicates a bullish trend

• It is a strong support level

• It shows a bearish trend

What does a rising RSI suggest about the S&P 500's momentum?

• Momentum is increasing

• Momentum is decreasing

• Momentum may stall

• Momentum is stable