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ITC senior FX analyst Sean Carlow said Lula's unexpected victory in Brazil's presidential election — despite recent polls implying an ~80% chance for Bolsonaro — is a major surprise and could reverse prior market moves. Brazilian assets that rallied

2026-10-26

ITC senior FX analyst Sean Carlow said Lula's unexpected victory in Brazil's presidential election — despite recent polls implying an ~80% chance for Bolsonaro — is a major surprise and could reverse prior market moves. Brazilian assets that rallied after the first-round result on bets of pro-market policies may unwind; USD/BRL could gap about 5% higher, mirroring the roughly 5% gap lower after the first round.

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2026-10-26

Spain September producer price index (PPI) YoY 18.3%, up from 13.2% previously.

Spain September producer price index (PPI) YoY 18.3%, up from 13.2% previously.
2026-10-26

Ali Motahari, the 10th Deputy Speaker of the Iranian Islamic Parliament, stated in an interview with the Iranian Students' News Agency (ISNA) that, considering the various problems currently facing the United States, it is more likely that the US wil

Ali Motahari, the 10th Deputy Speaker of the Iranian Islamic Parliament, stated in an interview with the Iranian Students' News Agency (ISNA) that, considering the various problems currently facing the United States, it is more likely that the US will ultimately choose to reach an agreement with Iran and accept many of the conditions proposed by Iran. He added that Trump will not launch an attack on Iran before the US election. He further stated that he believes the possibility of the US launching an attack on Iran after the election is also very low.
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