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Once-in-a-Career Moves Stun Traders in Brazil’s Election Frenzy
Source: Bloomberg
Emerging MarketsMarket Technicals & Flows
As Brazilian markets opened on Monday, trader Pradeep Kumar observed a move in the country’s assets that he said was unlike anything he had encountered in 20 years of trading. The excerpt provides no details on the move’s direction, magnitude, cause, or market impact.
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