Macro Finance
Brazil Markets Brace for Rout on Lula’s Improbable Election Win
Bloomberg Markets·October 26, 2026·1 min read
Brazilian markets are set for steep losses Monday after President Luiz Inácio Lula da Silva staged a stunning comeback to defeat Flávio Bolsonaro, the right-wing candidate preferred by many investors. Traders brace for a rout across assets as the unexpected result shakes confidence.
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