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Economy · São Paulo, Brazil ·

Brazil markets fall after Lula's win

Reported by 2 outlets · first reported Oct 27, 5:07 PM ET

The Bovespa fell after Lula's victory. Investors are watching his fiscal plans.

Why it matters

Lula's spending choices will affect Brazil's borrowing costs.

Background

Lula faces a Congress dominated by opposition.

The story so far

  1. Lula and Flávio Bolsonaro trade insults in Brazil run-off debate
  2. Brazilian stocks and currency plunge after Lula win
  3. Brazil markets fall after Lula's win

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Sources

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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