Bradesco ADRs steady before U.S. open as Brazil rate-cut bets build; inflation data looms
Bradesco ADRs traded flat in early U.S. indications Tuesday after a slight gain Monday, as investors awaited Brazil’s IPCA-15 inflation data due Friday and the central bank’s March policy meeting. Traders are betting on a 0.50 percentage point rate cut, but warn that a weaker real or global risk-off move could pressure shares.