Brazilian markets, including Ibovespa futures and the iShares MSCI Brazil ETF (EWZ), rose up to 12% overnight after Senator Flávio Bolsonaro, seen as a more market-friendly option, defeated President Lula in the first round of Sunday’s Brazilian presidential election ahead of an impending runoff. Brazil’s Markets React Favorably to Bolsonaro’s Surprise Lead in…
Brazilian markets, including Ibovespa futures and the iShares MSCI Brazil ETF (EWZ), rose up to 12% overnight after Senator Flávio Bolsonaro, seen as a more market-friendly option, defeated President Lula in the first round of Sunday’s Brazilian presidential election ahead of an impending runoff. Brazil’s Markets React Favorably to Bolsonaro’s Surprise Lead in […]
Source: https://news.bitcoin.com/finance/brazilian-markets-spike-high-after-bolsonaro-election-win/
