7 October 2025, 17:46 Brazil: Ibovespa Falls as Fiscal Concerns Weigh on Sentiment.
The Ibovespa fell 1% to trade below 142,500 on Tuesday, as bond yields rose following remarks from the finance minister about a proposal for zero fares in public transportation. The comments revived concerns over election-driven fiscal risks ahead of 2026. Investors also monitored the Senate vote on the income tax exemption bill. Banks declined sharply amid the jump in future rates (Ita
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