Flávio Bolsonaro tops Brazil’s first-round presidential vote, setting up runoff with Lula
Bloomberg says Brazilian assets were surging overseas after Bolsonaro finished ahead of Lula, with local markets expected to rise.
TLDR
A user shared Reuters reporting that Bolsonaro took about 47% of the first-round vote to President Lula’s roughly 45%, setting up a runoff this month. Reuters said a Frankfurt-listed Brazil ETF jumped more than 16% before local markets opened. Al Jazeera English said fears of US intervention had loomed over the election, citing earlier tariffs on Brazilian goods and sanctions on judicial officials.
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