https://www.live-feeds.com/feed/brazil-s-markets-set-for-sharp-selloff-after-lula-s-reelectionContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/brazil-s-markets-set-for-sharp-selloff-after-lula-s-reelectionhttps://www.live-feeds.com/feed/brazil-s-markets-set-for-sharp-selloff-after-lula-s-reelection#u161673Thu, 29 Oct 2026 10:21:48 +0000Brazilian stocks and the real currency face a severe selloff and historic losses following the surprise reelection of President Luiz Inacio Lula da Silva. Investors caught leaning the wrong way are unwinding recent bets after Lula defeated right-wing Senator Flavio Bolsonaro. November futures for the Brazilian real dropped significantly during Asian trading hours, and a Tokyo-listed Brazilian stock exchange-traded fund also plunged. The unexpected electoral outcome sent shockwaves through financial markets, triggering an immediate and sharp reversal as participants react to the sudden shift in