Votes and volatility

Surprise election results in Brazil and Israel are rocking EM currencies, and the volatility is far from over.

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Published | 1 min read

Lula shocked Brazil – BRL is still reeling. Israel's votes are in – no clear winner yet. South Africa passed the budget test – local elections are next. And year-end seasonality? Right around the corner.

Participants:

  • Abbas Keshvani (Desk Strategy), Asia Macro Strategist
  • Daria Parkhomenko (Desk Strategy), FX Strategist
  • Luis Estrada (Desk Strategy), LATAM FX Strategist

*Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

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