
Brazil's Ibovespa equity index jumped 4.1 percent, its biggest gain in two years, as the real strengthened to a two-month high. Petrobras shares rose more than 8 percent and bonds rallied alongside, as investors reacted to Jair Bolsonaro taking a commanding lead in the presidential race.
Political outcomes favoring market-friendly policy strengthen the real, which makes Brazilian soy, corn and meal cheaper for foreign buyers and can pressure global feed prices. The effect on grain prices is indirect and modest.
Nach 213 vergangenen Ereignisse (bearisch, Makro) bewegte sich Brasilianischer Real (BRL pro USD) im Median über 5 Handelstage um -0,2 % (46% höher; mittlere Hälfte -1,5 % bis +0,9 %) und über 20 Handelstage um +0,2 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
The Ibovespa jumped 4.1% and the real hit a two-month high on Bolsonaro's commanding lead, a direct sentiment-driven capital inflow that strengthened BRL sharply.
Bloomberg reports the real hit a two-month high as investors rallied on Bolsonaro's commanding lead, which matches the sharp BRL per USD drop (BRL strengthening) through sentiment and capital inflows.