Brazilian President Lula (42%) and Senator Bolsonaro (41%) are tied in a simulated presidential run-off, a Quaest poll shows

Context

The polling results indicating a tight race between President Lula and Senator Bolsonaro suggest heightened political uncertainty in Brazil. This competitive backdrop could impact market sentiment, particularly in emerging markets, with potential volatility in the Brazilian real and equities as investors assess implications for policy continuity and reform.

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