Elections in Brazil: Lula returns to power, markets react with panic. Brazilian ETF loses nearly 15% in Tokyo. What about USDBRL, soybeans, sugar, BRAComp, and ETFs?
Luiz Inácio Lula da Silva won Sunday’s second round of the presidential election in Brazil, defeating right-wing senator Flávio Bolsonaro with approx. 52% to 48% of the vote, with a margin of over 4 million votes. This is a complete reversal of voter sentiment; Lula lost the first round on October 4, becoming the first […]









