Brazilian markets had their best day since 2020 as Bolsonaro topped the polls

Brazilian markets had their best day since 2020 as Bolsonaro topped the polls

SAO PAULO, Oct 3 (Reuters) – Brazilian markets rallied on Monday as a stronger-than-expected performance by President Jair Bolsonaro and his congressional allies in the first round of a general election eased fears of sharp changes in economic policy. Brazil’s currency gained more than 4% against the dollar, while the benchmark Bovespa stock index (.BVSP)…

Morning quote: Fed Chair Powell hopes to make Maradona

Morning quote: Fed Chair Powell hopes to make Maradona

Federal Reserve Chairman Jerome Powell and his wife Elissa Leonard attend a dinner program in Grand Teton National Park where financial leaders from around the world gather for the Jackson Hole Economic Symposium outside Jackson, Wyoming, U.S., August 25, 2022. REUTERS/ Jim Urquhart Sign up now for FREE unlimited access to Reuters.com Register A look…