Brazil’s Supreme Court extended the nationwide voting deadline to 7 p.m. following requests from President Luiz Inácio Lula da Silva and his challenger, Senator Flávio Bolsonaro, to allow more voters to cast their ballots. Market pricing suggests that Bolsonaro’s chances in Amazonas have weakened, with the probability of his winning falling from 32% to 16% over the past 24 hours. Lula’s probability of winning the region is priced at 85%, reflecting stronger expectations for his prospects in this key battleground. Voter turnout in Amazonas and the official results from the Tribunal Superior Eleitoral will be crucial in confirming pre-election expectations and market pricing.
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