巴西——一场关键的选举

关键论点

• 巴西大选是至关重要的事件，将影响资产价格，尤其是巴西雷亚尔。
• 报告提供关于大选及其市场影响的关键信息。
• 该报告面向合格对手方、专业客户和合格投资者。
• 文件属于营销沟通，并非独立投资研究。

对应原文证据

1. President, all 513 seats of the lower house, 54 of 81 seats of the senate, all 27 state-level governors and state assemblies.
2. selective adjusment Taxes reduce VAT more progressive taxation Privatization revive/increase greater role of state/ public investment Subsidies limit more active development financing Industrial policy market oriented strong state industrial policy Public investment concessions/private sector public investment + concessions Social programs maintain, targetted, eliminate fraud expand Labor market flexible work arreagements 40hr week / end 6 x1 Source :Natixis.
3. Lula’s approval rate has deteriorated steadily over 2026. · 2026