(Par Global Macro Monitor)
We take a look at how a couple of the global equity markets we track are trading this week.
The Good: After hitting its lowest level since last July on Monday, the Brazilian BOVESPA has staged a nice 4-day rally and is up 2.4 percent for the week. Pretty impressive given how closely linked it is to China and how poor the Shanghai has been trading.
The Bad: The DAX, under pressure from the sovereign debt crisis in the periphery, is down 2.10 percent for the week.
The Good, the Bad and the Ugly (Stock Markets)