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Brazil’s real gained, reversing earlier losses, and a measure of currency volatility surged as investors chose prudence over risk ahead of U.S. presidential elections. Stocks fell. Brazil’s real gained, reversing earlier losses, and a measure of currency volatility surged as investors chose prudence over risk ahead of U.S. presidential elections. Stocks fell.
The rise (in volatility) rscores investor uncertainty over the outlook for emerging markets as polls show the U.S. race is still too close to call with just a few days left before American voters decide their next president ...
After posting world-beating gains this year through October, Brazilian assets are taking a beating in the final weeks before the U.S. election as opinion polls show Republican candidate Donald Trump chipping away at Democratic nominee Hillary Clinton’s lead.
