Brazilian Markets Spike After Bolsonaro’s First-Round Election Win

Your call?🐂 Bullish🐻 Bearish

Brazilian markets, including Ibovespa futures and the iShares MSCI Brazil ETF (EWZ), rose up to 12% overnight after Senator Flávio Bolsonaro, seen as a more market-friendly option, defeated President Lula in the first round of Sunday’s…