Tuesday, 6 November 2018

BRL and IBOVESPA Soar on Bolsonaro Win, Optimism May Not Last

Jair Bolsonaro cruised to victory in Brazil’s presidential election. Markets rejoiced, but investors’ optimism may be short-lived.


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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...