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EWZ options open interest hits 5.2M, highest since 2007, on Brazil election rally bets
Valor Econômico·BR · US·about 7 hours ago
Fund managers are increasing exposure to Brazilian equities and rates amid election-related trading, with JPMorgan reversing its earlier downgrade to now bet on the real. The shift signals growing risk appetite for Brazil, though the sustainability depends on election outcomes and policy direction.