Monday, 8 October 2018

Brazilian Real and IBOVESPA Soar with Bolsonaro, Volatility Ahead

Brazilian markets rejoiced as Jair Bolsonaro claimed 46% of the votes on Sunday’s first round elections. Traders hold their breath until the second round on October 28th.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...