PoliticsBrazil Election: Bolsonaro Pushes Lula to the Brink as Markets Set to Rally

Flávio Bolsonaro surged to a surprise lead over Luiz Inácio Lula da Silva in Brazil’s election, putting Lula under pressure and raising expectations of a market rally. Investor concerns about political and fiscal risks in the region also pushed the euro to its weakest level since May 2025.