Aurora Macro Strategies

Aurora Election Update: Brazil R1 Post-Mortem

October 5, 2026

Latin America

Brazil’s first-round result is forcing a rapid rethink of the runoff map, coalition math, and market positioning. Aurora breaks down what mattered in the vote, what it signals for the policy path, and what to watch heading into R2.

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Aurora Election Update: Brazil R1 Post-Mortem