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EconomicJapan·26 Oct 2026

Brazilian Real Falls Following Lula Election Win

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Following the election victory of Luiz Inácio Lula da Silva over Flávio Bolsonaro in the presidential runoff, Brazilian financial assets experienced a sharp sell-off in overseas trading. Dollar futures on the Chicago Mercantile Exchange (CME) jumped approximately 10% against the real, while a Tokyo-listed exchange-traded fund tracking the Ibovespa index…

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Sources and context

Rio Times
Digital newsroomCompany ownedBrazilStandards published
Rio Times
Digital newsroomCompany ownedBrazilStandards published
Al Jazeera
BroadcasterPublicly fundedQatarStandards published

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