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Brazilian future rates plunge, hit oscillation limits as Bolsonaro leads Lula in first round
Valor Econômico·BR·about 15 hours ago
Senior Labour figures privately question Chancellor John Healey's approach to his first budget, citing a lack of clarity that could trigger a fresh market shock. The budget is complicated by a global bond sell-off raising UK borrowing costs and soaring energy prices linked to US-Iran conflict. The core claim is based on unnamed insiders, so the extent of unease and its impact on policy remains uncertain.
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