Brazil’s neck-and-neck election offers test for growing pro-Trump Latin American bloc

Brazil's presidential election is heating up, with leftist incumbent Lula facing off against the son of a former far-right president. The tight contest is a test for a growing bloc of Latin American countries that have aligned themselves with US President Donald Trump's right-wing politics. This bloc has seen success in regional elections, with Trump claiming that all seven presidential elections he has endorsed in the region have resulted in a right-wing victory.

Why it matters

The election outcome is uncertain and the region's politics are complex. The pro-Trump bloc's influence is still growing.

Market impact

Markets & countries in focus

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