EconomyMarket Talk: Brazilian real set for selloff after Lula’s reelection

Name: Market Talk: Brazilian real set for selloff after Lula’s reelection
Uploaded: 2026-10-26T14:23:39.000Z
Description: The Brazilian real began the week with a sharp fall after Lula’s surprise election victory. ING’s Francesco Pesole said investors had bought heavily into the currency when Flavio Bolsonaro led the first round of polls, expecting spending cuts ahead.

The Brazilian real began the week with a sharp fall after Lula’s surprise election victory. ING’s Francesco Pesole said investors had bought heavily into the currency when Flavio Bolsonaro led the first round of polls, expecting spending cuts ahead.

Reuters 2026-10-26 14:23