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Brazil’s Stock Market Crashes After Lula’s Upset Victory

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Brazil’s Stock Market Crashes After Lula’s Upset Victory

The iShares Brazil ETF fell as much as 26% after Lula da Silva beat Flávio Bolsonaro, who prediction markets had at 80%, while the dollar jumped as much as 12% against the real.

Key Takeaways

  1. The iShares Brazil ETF fell as much as 26% after Lula da Silva beat Flávio Bolsonaro, who prediction markets had at 80%, while the dollar jumped as much as 12% against the real.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
Read Full Article on Decrypt

Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.