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Brazil Traders Ramp Up Hedges Ahead of Tight Election Runoff
Source: Bloomberg
Elections & Domestic PoliticsEmerging MarketsInvestor Sentiment & PositioningDerivatives & Volatility
Investors are increasing hedges ahead of Brazil’s presidential runoff as polls indicate a tight contest between right-wing candidate Flávio Bolsonaro and incumbent President Luiz Inácio Lula da Silva. The report gives no hedge levels, polling figures, or market-price moves.
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