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Brazil’s Election Result Weighs on Stocks and Real

Brazil’s election result was followed by tumbling currency futures and exchange-traded funds tracking local stocks in Asian trading.

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By Fabiana Negrin OchoaBrazil's presidential election result is poised to hammer financial markets, with currency futures and exchange-traded funds tracking local stocks both tumbling in Asia trading.Leftist candidate President Luiz Inácio Lula da Silva managed to clinch an upset victory over right…