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Market Impact: 0.55

Markets Brace for Sharp Swings No Matter Result of Brazil Vote

Source: Bloomberg

Elections & Domestic PoliticsEmerging MarketsDerivatives & VolatilityInvestor Sentiment & Positioning

Brazilian markets are expected to experience sharp post-election swings after Sunday’s presidential vote, as a neck-and-neck race has prevented investors from establishing strong pre-election positions. Assets may reprice quickly regardless of the outcome, creating elevated volatility across Brazilian markets.

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mildly negative

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