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Brazil’s incumbent left-wing president faced off against his favored right-wing challenger Sunday in a narrow runoff election that will determine the direction of Latin America’s largest economy. If he wins, Flávio Bolsonaro would secure the eighth consecutive rightist victory in Latin America’s presidential elections,
Brazil’s 10-year government bond yield edged higher, rising above 13% in October amid election uncertainty ahead of the presidential runoff. A Datafolha poll showed Senator Flávio Bolsonaro and President Lula tied at 50% each of valid votes. Earlier polls indicated a statistical tie, with Bolsonaro’s lead narrowing com
The Brazilian real edged lower to around 5.045 per US dollar ahead of the presidential runoff, amid uncertainty surrounding the election. A Datafolha poll showed Senator Flávio Bolsonaro and President Lula tied at 50% each of valid votes. Earlier polls also indicated a statistical tie, with Bolsonaro’s lead narrowing c
The Ibovespa fluctuated around the 204,000 mark on Friday in the final session before Brazil’s presidential runoff. A Datafolha poll showed Senator Flávio Bolsonaro and President Lula tied at 50% each of valid votes. Earlier polls also indicated a statistical tie, with Bolsonaro’s lead narrowing compared with previous
A PoderData/Aya poll showed incumbent President Luiz Inácio Lula da Silva with 49% of valid votes, compared with 51% for Senator Flávio Bolsonaro, a statistical tie within the poll’s 1.8 percentage-point margin of error. The presidential runoff will be held on Oct. 25.
The Brazilian real strengthened sharply to below 5.00 per USD on Monday, reaching a 17-month high after Flávio Bolsonaro finished ahead of President Lula in the first round of the presidential election, defying most polls. Senator Bolsonaro received 47.1% of valid votes, compared with 45.1% for President Lula. Bolsonar
Brazilian equities are expected to extend their recent advance on Monday, with the Ibovespa potentially heading for a fifth consecutive session of gains after Flávio Bolsonaro unexpectedly finished ahead of President Luiz Inácio Lula da Silva in the first round of the presidential election. Bolsonaro won 47.03% of vali
The Brazilian real is expected to strengthen on Monday after fluctuating near a six-month low last week, as investors react to Flávio Bolsonaro’s stronger-than-expected performance in the first round of the presidential election. Bolsonaro secured 47.03% of valid votes, ahead of incumbent Luiz Inácio Lula da Silva at 4