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Bolsonaro’s First-Round Lead Sets Brazil Assets for Monday Surge

Source: Bloomberg

Elections & Domestic PoliticsEmerging MarketsInvestor Sentiment & Positioning

Brazilian assets are expected to jump after Senator Flávio Bolsonaro finished ahead of President Luiz Inácio Lula da Silva in the first round of elections. The result was substantially stronger than investors had positioned for; the article gives no specific asset or expected move magnitude.

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