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Brazil leads Latam gains as election poll lifts sentiment

Brazil’s Ibovespa surged about 3% to a near-term high as investors focused on the election outlook. Regional currencies gained, supported by carry-trade appeal and a softer U.S. dollar.

IBOV

By Avinash P and Ragini MathurBrazilian assets led Latin American markets higher on Wednesday as investors focused on the country's election outlook, while attractive carry-trade opportunities and a softer U.S. dollar boosted regional currencies.Brazil's Ibovespa BMFBOVESPA:IBOV surged 3% to a nea…