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Brazil Markets Expected to Rally on Bolsonaro's First-Round Lead

Brazilian markets are anticipated to rally on Monday following Senator Flavio Bolsonaro's lead in the first round of the presidential election, exceeding private poll predictions. Analysts cited expect this outcome to positively impact the markets.

IBOV

Brazilian markets are expected to rise on Monday after right-wing senator Flavio Bolsonaro outperformed private poll forecasts and took the lead in the first round of Sunday’s presidential election, analysts told Reuters. Bolsonaro and his chief rival…