Brazilian markets rally after right-wing Flavio Bolsonaro leads in presidential first round
Read More The Brazilian real soared as much as 5% while Brazil’s benchmark Ibovespa stock index rallied 7% in response to right-wing candidate Flavio Bolsonaro’s lead in the first-round of presidential elections. The markets’ reaction signals enthusiasm over the fiscal austerity and de-regulation commitments made throughout Bolsonaro’s campaign, as well as the sweeping success of…
