What's Ahead for Brazil's Presidential Runoff?

The video discusses the Brazilian election runoff between President Jair Bolsonaro and former President Luiz Inacio Lula de Silva. While Lula is favored in polls, the race is tight. Markets view the election as favorable regardless of the winner, with Bolsonaro seen as market-friendly and Lula potentially moving towards the economic center. Brazilian assets have performed well but faced pressure before the election. Lula's fiscal plans lack clarity, and Bolsonaro's rhetoric against the electoral authority raises concerns about a potential challenge to the election results.

What are the potential outcomes of the election based on the current political climate?

What are Lula's latest pledges regarding fiscal and social priorities?