Lula's victory sinks the Bovespa ETF in Tokyo and oil opens the week lower

FinanceInternationalXTB.comOct 26, 2026, 2:54 AM35 s readAI summary

The ETF tracking the Bovespa in Tokyo plunged nearly 15% after Luiz Inácio Lula da Silva won Brazil's presidential runoff (about 52% to 48%). January Brent falls about 1.9% to around 109.5 USD/bbl after the absence of US attacks on Iran over the weekend. US futures point to a mixed session ahead of the Fed, ECB and BoJ decisions, while Asian markets mostly closed lower.

In 35 seconds

The Bovespa ETF listed in Tokyo fell nearly 15% after Lula's election win with about 52% of the vote.
January Brent drops about 1.9% to around 109.5 USD/bbl and WTI falls 1.12% to near 100.89 USD.
The Kospi lost 1.6% and the Kosdaq 2.8% after Goldman Sachs cut its 12-month Kospi target by 25%.

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

mercados
petróleo
Brasil
bancos centrales
bolsas

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Lula's victory sinks the Bovespa ETF in Tokyo and oil opens the week lower

In 35 seconds

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Bogotá Ciudad Aeropuerto seeks to link El Dorado with the Metro and Regiotram

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill