Markets give Lula a breather while scrutinizing his first fiscal policy steps

FinanceInternationalEL PAÍSOct 27, 2026, 11:30 PM40 s readAI summary

The Brazilian stock market lost more than 180 billion euros in value on Monday after the re-election of Luiz Inácio Lula da Silva, with the Bovespa falling 13.4%, while the real and public debt also slumped. After the initial punishment, investors appear to have given Lula a breather: on Tuesday the real and the stock market traded with modest gains. Attention now focuses on the appointments in the economic area and on the fiscal plans for 2027.

In 40 seconds

The Bovespa fell 13.4% on Monday and the Brazilian stock market lost more than 180 billion euros in value after Lula's victory.
On Tuesday the real and the Brazilian stock market traded with modest gains after the initial punishment.
Brazil's gross public debt stands at 83% of GDP and the public deficit has risen to 9.5% of GDP.

Read the full story at EL PAÍS

IASummary generated by artificial intelligence from a story by EL PAÍS. It may contain errors: the original source prevails.

Brasil
Lula
Bovespa
real brasileño
deuda pública

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Markets give Lula a breather while scrutinizing his first fiscal policy steps

In 40 seconds

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