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Brazil markets price Bolsonaro win; hedge against Lula victory cheapens
Valor Econômico·BR·1 day ago
Brazilian stocks fell 1% and the dollar rose to R$5.087 as polls showed a technical tie between Flávio Bolsonaro and Lula ahead of the runoff, increasing investor caution. Markets are also weighing the potential economic impact of ending the 6x1 work schedule. The uncertainty centers on the election outcome and its policy implications.