EZB8RISK / Market Briefing

Brazilian markets are holding their breath ahead of Sunday's presidential election, with attention fixed on a race that remains a genuine toss-up and where voter rejection sentimen

Brazilian markets are holding their breath ahead of Sunday's presidential election, with attention fixed on a race that remains a genuine toss-up and where voter rejection sentiment is shaping the final stretch. The US and Australia have suspended consular services in Brazil ahead of the vote, a sign of how closely foreign governments are watching the outcome. Economists continue to flag public finances and broader structural challenges as the key tests awaiting the next government, keeping fiscal policy at the center of post-election expectations.

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