Ibovespa Futures Flat as Brazil Election Polls Show Tie, Oil Rises

Brazilian equity futures are trading nearly flat as an Atlas/Bloomberg poll shows President Lula and Senator Flávio Bolsonaro statistically tied in a potential second-round runoff, injecting election uncertainty into markets. Rising oil prices provide some support to energy-heavy index components, offsetting political risk. The market is awaiting further poll clarity and oil price direction.