Natixis survey: investors fear fiscal slippage under Lula or Flávio Bolsonaro

A Natixis survey of 45 global allocators, mostly Brazilian and US institutions, finds market concern over fiscal adjustment prospects under either presidential candidate ahead of the first round. The report signals investor anxiety about Brazil's fiscal trajectory regardless of outcome, which could pressure Brazilian assets. The survey is based on investor sentiment, not hard data, so its market impact is indirect.