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Emerging Markets Stocks, FX Rise on Brazil Election Focus

Equities and currencies advanced across most major emerging markets, with attention focused on Brazil where right-wing Senator Flavio Bolsonaro took the lead in the first round of presidential elections over the weekend.

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Equities and currencies edged higher across most major emerging markets on Monday, with attention centered on Brazil after right-wing Senator Flavio Bolsonaro moved into the lead in the first round of pivotal presidential elections over the weekend. Bolsonaro's stronger-than-expected performance…