Final stretch of elections and uncertain international scenario shake markets

With less than a week to go until the second round of the presidential elections, the expectation is that the next few days will be marked by intense fluctuation in the markets.

Investors must remain between concerns about what to expect from the dispute between Luiz Inácio Lula da Silva (PT) and Jair Bolsonaro (PL) and concerns about the international scenario.

Last week ended in the blue, with investors optimistic that a Bolsonaro turn on Lula will be possible. Faria Lima, it is worth remembering, has never hidden the preference for a second term of the current president with Paulo Guedes in charge of the Ministry of Economy.

Over the weekend, however, the episode of the arrest of former deputy Roberto Jefferson ended up triggering a caution about the repercussions on the president’s campaign. The reading is that the fact itself should not generate many reactions in the market, but the repercussions in the campaign light up a warning.

On the other hand, Lula met with a new group of businessmen at a dinner this weekend. The PT leader’s strategy is to win votes: not only at the polls, but trust on the part of big names in the sector, with the message that, in an eventual mandate, he will be responsible for economic conduct.

This Monday’s episode (24) of CNN Money brings a reading of how the final stretch of the elections can shake the markets, in addition to anticipating the week’s agenda, which, full of economic indicators, also does not promise to bring calm.

Presented by Thais Herédia and Priscila Yazbek, CNN Money presents a balance of news issues that influence markets, finances and the direction of society and power dynamics in Brazil and worldwide.

*Posted by Tamara Nassif

Source: CNN Brasil

You may also like