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Brazil's Lula and Flavio Bolsonaro are tied in election run off, according to a poll; both at 41%

Newsquawk Staff ·

Brazil's Lula and Flavio Bolsonaro are tied in election run off, according to a poll; both at 41%.

What it means

The poll indicating a tie between Brazil's Lula and Flavio Bolsonaro at 41% suggests a highly competitive runoff, which could contribute to political uncertainty in Brazil. This uncertainty may impact Brazilian assets, particularly in equity and currency markets, as investors assess the potential implications for policy direction and economic stability in the region.

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