Brazilian markets rally after right-wing Flavio Bolsonaro leads in presidential first roundย
The Brazilian real soared as much as 5% while Brazilโs benchmark Ibovespa stock index rallied 7% in response to right-wing candidate Flavio Bolsonaroโs lead in the first-round of presidential elections.ย The marketsโ reaction signals enthusiasm over the fiscal austerity and de-regulation commitments made throughout Bolsonaroโs campaign, as well as the sweeping success of his Partido […] The post Brazilian markets rally after right-wing Flavio Bolsonaro leads in presidential first roundย appeared first on Latin America Reports.