Polls close in Brazil as Lula and Bolsonaro remain neck and neck
Brazil's presidential election will proceed to a runoff on 25 October after neither candidate secured more than 50% of the vote in the first round. Right-wing Senator Flávio Bolsonaro achieved a surprise first-round victory, setting up a final contest against leftist incumbent Luiz Inácio Lula da Silva. The race remains tight, with candidates described as neck and neck. The outcome carries significant implications for the Amazon rainforest, international relations with the United States, and Brazil's financial markets.
Listen to Live Briefing
Real-time synthesized voice briefing · Live Feeds Desk
- ✓ The Brazilian presidential election will go to a run-off on 25 October.
- ✓ Neither candidate secured more than 50% of the vote in the first round.
- ✓ Right-wing Senator Flávio Bolsonaro and incumbent Luiz Inácio Lula da Silva will face off in the runoff.
What changed
The election has moved to a runoff scheduled for 25 October following first-round results.
Live updates
-
Brazil presidential election heads to runoff between Bolsonaro and Lula
Brazil's presidential election will proceed to a runoff on 25 October after neither candidate secured more than 50% of the vote in the first round. Right-wing Senator Flávio Bolsonaro achieved a surprise first-round victory, setting up a final contest against leftist incumbent Luiz Inácio Lula da Silva. The race remains tight, with candidates described as neck and neck. The outcome carries significant implications for the Amazon rainforest, international relations with the United States, and Brazil's financial markets.
Why it matters
Flávio Bolsonaro is an ally of US President Donald Trump and the son of former President Jair Bolsonaro. Market analysts suggest a Bolsonaro win would boost Brazilian bonds, stocks, and currency, while a Lula victory would likely have the opposite effect. Environmental experts warn a Bolsonaro win could rollback deforestation-control measures established by Lula.
What is confirmed
- The Brazilian presidential election will go to a run-off on 25 October.
- Neither candidate secured more than 50% of the vote in the first round.
- Right-wing Senator Flávio Bolsonaro and incumbent Luiz Inácio Lula da Silva will face off in the runoff.
Still unconfirmed
- Wall Street expects gains in Brazilian bonds, currency, and stocks if Flávio Bolsonaro wins.
What to watch next
- The runoff election on 25 October
- Market reactions to the first-round results
confidence 90%Sources used for this update (16)
- Reuters — Brazil's Lula, Flavio Bolsonaro wrap up campaigns ahead of first-round vote
- CNN — Trump, crime and corruption loom over Brazil’s presidential vote
- wsj.com — Lula Is the Brazilian Left’s Last Hope—And Its Biggest Problem
- Reuters — Polls close in Brazil as country awaits results of high-stakes election
- BBC — Polls close in Brazil as Lula and Bolsonaro remain neck and neck
- CNN — Brazil elections: Trump, crime and corruption loom over presidential vote
- NPR — The Amazon's future is on the ballot in Brazil. Many voters aren't focused on it
- The Guardian — Brazil heads to the polls – in pictures
- economictimes.indiatimes.com — Brazil election: Lula, Flavio Bolsonaro face off in tight race shaped by Trump factor
- primexbt.com — Lula or Bolsonaro: Wall Street braces for two different ...
- www.cnn.com — Brazil election heads to runoff between Bolsonaro and Lula ...
- www.briefs.co — French bank credit insurance costs pull ahead of European rivals
Community Sentiment: How do you assess this situation?
Voice your perspective · Real-time aggregated sentiment from the Live Feeds community