Lula re-election spurs Brazil market selloff fears: stocks down, dollar up, rates higher

Following Lula's re-election, Brazilian markets are expected to open with risk-off sentiment: equities projected to fall, the dollar to strengthen, and interest rates to rise, driven by fears of fiscal deterioration. Investors are awaiting signals from the new economic team and the government's relationship with Congress, which will determine the magnitude of the move.

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