Lula's position as incumbent seeking a fourth term underpins his leading 50.5% implied probability in the 2026 race, reinforced by recent scandals that have eroded support for main challenger Flávio Bolsonaro. June polls from Quaest, MDA, and others show Lula at 41-43% in first-round intentions ahead of Flávio at 28-34%, with the gap widening after audio leaks tied the senator to a disgraced banker and prompted voter scrutiny. Fragmentation among other right-leaning figures including Ronaldo Caiado, Romeu Zema, and Renan Santos limits unified opposition, while concerns over crime and economic performance shape voter priorities ahead of the October 4 first round. Trader consensus reflects these dynamics, with lower odds for alternatives underscoring the binary contest emerging between the Workers' Party and Liberal Party standard-bearers.
Polymarket डेटा का संदर्भ देने वाला प्रयोगात्मक AI-जनरेटेड सारांश। यह ट्रेडिंग सलाह नहीं है और इस बाज़ार के समाधान में कोई भूमिका नहीं निभाता। · अपडेट किया गयाFlávio Bolsonaro maintains candidacy despite scandals, polling at 23%
Flávio Bolsonaro drops to 23%5%
Despite corruption scandals and market price drops, Flávio Bolsonaro confirmed his presidential run and maintained significant polling support, reflecting ongoing polarization in the election race.
Camilo Santana, PT Senate leader, advocates alliance to avoid electoral damage in Minas Gerais
Camilo Santana, new PT leader in the Senate, suggested supporting a non-PT candidate allied with the government in Minas Gerais to avoid electoral damage, reflecting strategic party moves ahead of the election.
Michelle Bolsonaro signals possible Senate run amid internal party disputes
Michelle Bolsonaro dips to 1%3%
Michelle Bolsonaro, former first lady, indicated readiness for a Senate candidacy and stepped down from PL Mulher leadership following disputes with stepson Flávio Bolsonaro, signaling fractures within the Bolsonaro political bloc and affecting her market support.
Renan Santos announces military reserve officer as vice-presidential running mate
Renan Santos rises to 10%1%
Renan Santos, a right-wing activist and third-way candidate, announced his vice-presidential running mate, signaling campaign consolidation and contributing to a modest rise in his market support among younger voters.
Lula's market price surges to 61% amid strong polling and campaign momentum
Luiz Inácio Lula da Silva jumps to 61%5%
Following a series of positive polls and campaign developments, Lula's market price surged to 61%, reflecting his consolidation as the clear frontrunner for the 2026 presidential election.
AtlasIntel/Bloomberg poll shows Lula winning all second-round scenarios
Luiz Inácio Lula da Silva jumps to 62%6%
AtlasIntel/Bloomberg poll confirmed Lula's lead over all tested opponents including Flávio Bolsonaro, Ronaldo Caiado, Romeu Zema, Renan Santos, Michelle Bolsonaro, and Jair Bolsonaro, solidifying Lula's position as the clear frontrunner.
Poll shows Lula leading Flávio Bolsonaro in second-round scenario
Luiz Inácio Lula da Silva jumps to 62%6%
A Reuters poll showed Lula widening his lead over Flávio Bolsonaro in a potential runoff, lifting Lula's market price from 56% to 62% and reinforcing his frontrunner status.
Caiado picks PSD chief Gilberto Kassab as running mate
Ronaldo Caiado dips to 1%1%
Caiado announced Gilberto Kassab as his vice‑presidential running mate, but the move failed to broaden his appeal, coinciding with a drop in his market price from 2 % to 1 % by early July.
Ronaldo Caiado announces Gilberto Kassab as vice-presidential running mate
Ronaldo Caiado dips to 1%1%
Ronaldo Caiado named party chief Gilberto Kassab as his vice-presidential running mate in an effort to unify his party and broaden appeal, but this failed to significantly improve his market position.
Michelle Bolsonaro resigns from PL Mulher leadership amid family feud
Michelle Bolsonaro dips to 1%2%
Michelle Bolsonaro stepped down as head of the PL Mulher party wing following public disputes with her stepson Flávio Bolsonaro, signaling internal fractures within the Bolsonaro political bloc and causing uncertainty about right-wing unity ahead of the election.
Michelle Bolsonaro departs PL Mulher leadership amid family tensions
Michelle Bolsonaro dips to 2%1%
Michelle Bolsonaro's departure from PL Mulher leadership added uncertainty to the right-wing campaign, contributing to her market price remaining low around 2%.
Michelle Bolsonaro resigns as head of PL Mulher party wing amid family disputes
Michelle Bolsonaro dips to 1%2%
Michelle Bolsonaro stepped down from her leadership role in the PL Mulher party wing following public disputes with her stepson Flávio Bolsonaro, signaling internal fractures within the Bolsonaro political bloc and causing uncertainty about right-wing unity ahead of the election.
Poll shows Lula leading Flávio Bolsonaro in second-round matchup
Luiz Inácio Lula da Silva jumps to 56%6%
A poll released at the end of June showed incumbent Lula leading Flávio Bolsonaro in a potential runoff, reinforcing Lula's frontrunner status and contributing to a rise in his market price while Bolsonaro's declined.
Ronaldo Caiado announces Gilberto Kassab as vice-presidential running mate
Ronaldo Caiado dips to 1%1%
Ronaldo Caiado announced Gilberto Kassab as his vice-presidential candidate, aiming to strengthen his campaign, but this move failed to significantly improve his polling or market position, which declined afterward.
Poll shows Lula leading Flávio Bolsonaro in potential runoff, boosting Lula's odds
Luiz Inácio Lula da Silva jumps to 62%5%
A poll released at the end of June showed incumbent Lula leading Flávio Bolsonaro in a potential runoff, reinforcing Lula's frontrunner status and contributing to a rise in his market price from 56.5% to 62%, while Flávio's declined.
Lula's polling and market odds rise amid voter character debate
Luiz Inácio Lula da Silva jumps to 56%7%
Political commentary and voter expectations discussions boosted Lula's market price from 49.5% to 56.5%, reinforcing his frontrunner status.
BTG/Nexus poll confirms Lula's lead in first and second rounds
Luiz Inácio Lula da Silva rises to 48%4%
BTG/Nexus poll showed Lula leading the first round with 42% against Flávio Bolsonaro's 34%, and winning all tested second-round scenarios, reinforcing Lula's frontrunner status and boosting his market price.
Michelle Bolsonaro softens public feud with Flávio Bolsonaro amid campaign tensions
Michelle Bolsonaro rises to 2%1%
Michelle Bolsonaro publicly apologized and softened her tone after a public dispute with Flávio Bolsonaro, reflecting internal tensions within the right-wing bloc and impacting perceptions of the Bolsonaro campaign's unity.
Michelle Bolsonaro releases video criticizing Flávio, fuels family feud
Michelle Bolsonaro posted a video publicly criticizing Flávio, causing a brief internal family dispute that slightly dampened Flávio’s momentum but left Michelle’s market price unchanged at 1 %. The episode coincided with a modest dip in Flávio’s price from 22 % to 21 %.
Michelle Bolsonaro and Flávio Bolsonaro dial back feud amid campaign tensions
Michelle Bolsonaro rises to 2%1%
Michelle Bolsonaro publicly criticized Flávio Bolsonaro, causing internal tensions within the right-wing bloc. Both later softened their tone to reduce political fallout and maintain campaign unity.
Michelle Bolsonaro publicly criticizes Flávio Bolsonaro, sparking internal tensions
Michelle Bolsonaro dips to 2%1%
Michelle Bolsonaro stepped down as head of PL Mulher after a public feud with Flávio Bolsonaro over party alliances, expressing feeling 'humiliated and mistreated.' This internal dispute caused some market uncertainty about the right-wing bloc's cohesion, though Flávio's market price remained stable.
Michelle Bolsonaro publicly criticizes Flávio Bolsonaro, exposing family tensions
Michelle Bolsonaro rises to 3%2%
Former First Lady Michelle Bolsonaro released a video criticizing her stepson Flávio Bolsonaro, causing divisions within the Bolsonaro camp and negatively impacting her support among key voter groups, reflected in her market price fluctuations.
Michelle Bolsonaro distances herself from Flávio Bolsonaro's campaign amid family tensions
Former First Lady Michelle Bolsonaro signaled she plans to remain on the sidelines of Flávio Bolsonaro’s presidential campaign after a reported disrespectful phone call, contributing to her market odds falling to 3%.
Michelle Bolsonaro publicly criticizes stepson Flávio Bolsonaro
Michelle Bolsonaro rises to 3%2%
Michelle Bolsonaro released videos accusing Flávio Bolsonaro of disrespect and mistreatment, exposing family tensions and negatively impacting Flávio's campaign and market price.
Michelle Bolsonaro softens public feud with Flavio Bolsonaro amid campaign tensions
Michelle Bolsonaro rises to 3%2%
After a public dispute, Michelle Bolsonaro softened her tone following a formal apology from Flavio Bolsonaro, reflecting internal tensions within the Bolsonaro camp that may affect Michelle's low market support and campaign prospects.
Datafolha poll shows Lula maintaining lead over Flávio Bolsonaro in second round
Datafolha poll indicated Lula leading Flávio Bolsonaro by 47% to 43% in a second-round scenario, confirming Lula's consistent advantage and stabilizing his market price while Flávio's support remained steady despite scandals.
Brazil Supreme Court convicts Eduardo Bolsonaro, barring him from office
Flávio Bolsonaro drops to 22%10%
Eduardo Bolsonaro was convicted by Brazil's Supreme Court for coercion related to his father's legal battles, rendering him ineligible for public office for eight years. This legal setback increased pressure on Flávio Bolsonaro's campaign and affected market confidence in the Bolsonaro family's political prospects.
Flávio Bolsonaro declared ineligible for 12 years following conviction
Flávio Bolsonaro drops to 22%7%
Flávio Bolsonaro was declared ineligible for 12 years due to a conviction related to coercion in the investigation of the 2022–2023 coup plot, severely impacting his candidacy and market confidence in his election chances.
Lula widens lead over Flávio Bolsonaro in potential runoff, CNT/MDA poll shows
Luiz Inácio Lula da Silva jumps to 52%11%
A CNT/MDA poll showed President Luiz Inácio Lula da Silva extending his advantage over Senator Flávio Bolsonaro in a potential runoff election, reinforcing Lula's frontrunner status and boosting confidence in his market position to 52%.
Flávio Bolsonaro becomes ineligible due to conviction in coup investigation
Flávio Bolsonaro drops to 32%13%
On June 16, 2026, Flávio Bolsonaro was declared ineligible for 12 years following a conviction related to coercion in the investigation of the 2022–2023 coup plot, impacting his candidacy and market confidence.
CNT/MDA poll shows Lula extends advantage over Flávio Bolsonaro in potential runoff
Luiz Inácio Lula da Silva jumps to 61%7%
A CNT/MDA poll confirmed Lula's growing lead over Flávio Bolsonaro in a potential second-round runoff, reinforcing market confidence in Lula's chances.
Ronaldo Caiado claims Flávio Bolsonaro lost chance to beat Lula
Ronaldo Caiado dips to 1%4%
Caiado publicly stated that Flávio Bolsonaro lost the ability to defeat Lula, positioning himself as the more competitive right-wing candidate, influencing market perceptions.
Poll shows Lula and Flávio Bolsonaro tied ahead of election
Flávio Bolsonaro jumps to 34%6%
A poll indicated a tight race between Lula and Flávio Bolsonaro, reflecting intense competition and causing market prices for both candidates to converge.
Lula picks Geraldo Alckmin again as running mate for re-election bid
Luiz Inácio Lula da Silva jumps to 50%9%
Incumbent President Luiz Inácio Lula da Silva announced that Vice President Geraldo Alckmin will run again as his vice-presidential candidate, reinforcing the established ticket and stabilizing Lula's market position.
Camilo Santana receives Paulo Freire medal for educational contributions
Senator and former Education Minister Camilo Santana was honored with the Paulo Freire medal, enhancing his public profile ahead of the election, though his market price remained low.
Poll shows Lula widening lead over Flávio Bolsonaro after scandal
Luiz Inácio Lula da Silva jumps to 61%10%
A Reuters poll indicated Lula widening his lead over Flávio Bolsonaro following the film-funding scandal, with Lula at 42% and Flávio at 29% in first-round voting intentions, boosting Lula's market price from 51% to 61%.
Lula widens lead over Flávio Bolsonaro ahead of presidential vote, poll shows
Luiz Inácio Lula da Silva rises to 54%4%
A Reuters poll showed Lula extending his lead over Flávio Bolsonaro, reflecting a shift in voter sentiment and contributing to Lula's market price increase.
Lula opens six‑point lead over Flávio in new poll
Luiz Inácio Lula da Silva jumps to 56%12%
A Datafolha/Quala poll showed Lula opening a six‑point lead over Flávio Bolsonaro. The unexpected lead caused Lula’s market price to jump from 44 % to 56 % (its endpoint) within a few days, while Flávio’s price slipped back to the low‑20s.
Lula opens six-point lead over Flávio Bolsonaro in new poll
Flávio Bolsonaro drops to 23%10%
A Quaest poll showed Lula with a 41% first-round vote intention against Flávio Bolsonaro's 28-34%, widening the gap after the scandal and reflecting Lula's strengthened position in the race.
Poll shows Lula widens lead over Flávio Bolsonaro ahead of election
Luiz Inácio Lula da Silva jumps to 51%10%
A poll conducted after reports linking Flávio Bolsonaro to a jailed banker showed Lula increasing his lead in a potential runoff, reflecting a shift in voter sentiment and impacting market prices favoring Lula.
Renan Santos Launches Presidential Campaign with Radical Proposals
Renan Santos dips to 13%2%
Free Brazil Movement (MBL) founder Renan Santos launched his presidential campaign under the newly registered Mission Party, positioning himself as a right-wing alternative opposed to Bolsonarism.
Renan Santos’ social‑media surge fuels poll rise
Renan Santos rises to 10%4%
A surge in Renan Santos’ Instagram engagement was reported alongside a jump in his polling to 9 % nationally, lifting his market price from 6 % to 9 % and later to a peak of 14 % on May 27, reflecting growing youth support for the Mission Party candidate.
Lula opens six-point lead over Flávio Bolsonaro in new poll
Luiz Inácio Lula da Silva jumps to 55%14%
A Quaest poll showed Lula leading Flávio Bolsonaro by six points in first-round voting intentions, reinforcing Lula's frontrunner status and contributing to a rebound in his market price.
Poll shows Lula and Flávio Bolsonaro tied at 41% in runoff scenario
A Genial/Quaest poll showed Lula and Flávio Bolsonaro tied at 41% each in a potential runoff, reinforcing the market's view of a highly competitive election and stabilizing their prices.
Trump administration proposes 25% tariff on Brazilian imports over unfair trade practices
The U.S. Trade Representative announced a proposed 25% tariff on many Brazilian imports, citing unfair trade practices including lax anti-corruption enforcement and restrictions on U.S. commerce, escalating trade tensions ahead of Brazil's presidential election.
Renan Santos gains support as anti-corruption right-wing alternative
Renan Santos jumps to 15%8%
Following the Bolsonaro scandal, Renan Santos, leader of the Mission Party, gained significant traction among younger voters and right-wing conservatives, increasing his market price and poll numbers.
Real‑time Big Data poll puts Renan Santos at 6 % nationally
Renan Santos rises to 16%3%
Real‑time Big Data released a poll showing Renan Santos at 6 % nationally, a jump from 2 % a month earlier. The surge coincided with his market price jumping from 13 % on May 21 to 16 % on June 2.
Renan Santos emerges as leading third-way candidate in polls
Renan Santos jumps to 14%8%
Polls showed Renan Santos leading with 36.1% support among voters aged 24 and younger, boosting his market price to 14% and marking him as a notable third-way candidate.
Renan Santos leads among young voters in polls, boosting market support
Renan Santos rises to 14%1%
Polls showed Renan Santos leading with 36.1% support among voters aged 24 and younger, contributing to his market price rise to 14% and positioning him as a notable third-way candidate.
Lula widens lead over Flavio Bolsonaro in Brazil election second‑round, CNT/MDA poll shows
Luiz Inácio Lula da Silva jumps to 61%10%
A Reuters poll showed Lula widening his second‑round lead over Flávio Bolsonaro (49.3 % to 36.8 %). The favorable numbers lifted Lula’s price from 51 % to 61 % by early July.
Renan Santos leads as the main ‘third‑way’ candidate in Real Time Big Data poll
Renan Santos jumps to 15%10%
Real Time Big Data released a poll showing Renan Santos as the leading “third‑way” candidate with 26 % support, up from single‑digit figures a month earlier. The surge raised his market price from 5 % (May 20) to 15 % (Jun 12).
Lula picks same running mate Geraldo Alckmin for 2026 re-election bid
Luiz Inácio Lula da Silva jumps to 51%10%
Incumbent President Luiz Inácio Lula da Silva announced that Vice President Geraldo Alckmin will run again as his running mate in the 2026 election, reinforcing his campaign stability and contributing to a market price rebound to 51%.
Brazil’s Supreme Court authorises probe into Flávio Bolsonaro’s alleged defamation of Lula
Flávio Bolsonaro drops to 29%11%
The Supreme Court allowed a probe into Flávio Bolsonaro for alleged defamation of President Lula. The legal action dampened his momentum, dragging his price from 40 % (May 28) to 29 % (Jun 4).
Renan Santos named leading ‘third‑way’ candidate in Real Time Big Data poll
Renan Santos rises to 16%3%
Real Time Big Data released a poll naming Renan Santos the leading figure of the "third way" with 16 % support, up from 4 % a month earlier. The surge aligns with the price jump from 13 % (early May) to 16 % on 3 Jun, indicating the poll drove his market move.
President Lula has cataract surgery in Brasília
Luiz Inácio Lula da Silva rises to 41%3%
President Lula underwent cataract surgery in Brasília, a high‑profile health event that attracted extensive coverage. While the procedure itself was routine, the media attention reinforced his incumbency image, contributing to a modest rebound of his market price from 38 % on May 27 to 41 % on May 31.
Flávio Bolsonaro meets with former US President Donald Trump amid campaign struggles
Flávio Bolsonaro jumps to 35%5%
Flávio Bolsonaro met with Donald Trump at the White House to bolster his campaign amid scandals and declining poll numbers, signaling an attempt to regain support from right-wing voters and international allies.
Flávio Bolsonaro meets with Donald Trump amid campaign difficulties
Flávio Bolsonaro jumps to 35%6%
Flávio Bolsonaro met with former US President Donald Trump to bolster his campaign amid scandals and polling setbacks, temporarily stabilizing his market position.
Brazil’s Flavio Bolsonaro meets with Trump amid troubled presidential bid
Flávio Bolsonaro drops to 23%10%
Flávio Bolsonaro met with U.S. President Donald Trump in Washington, an attempt to revive his campaign after the Banco Master scandal. The meeting coincided with a modest dip in his market price from 33 % to 23 % by early July.
Flávio Bolsonaro meets with US President Trump amid campaign scandal
Flávio Bolsonaro met with former US President Donald Trump at the White House to bolster his image amid a scandal involving funding for a film about his father. This meeting was intended to strengthen his campaign and reassure supporters despite ongoing controversies.
Flávio Bolsonaro meets Donald Trump amid campaign pressure from fraud scandal
Flávio Bolsonaro dips to 25%4%
Flávio Bolsonaro traveled to the U.S. and met with former President Donald Trump to shore up political support amid a financial scandal involving campaign funding, which had negatively impacted his polling numbers and market perception.
Flávio Bolsonaro meets with former U.S. President Donald Trump at the White House
Senator Flávio Bolsonaro met privately with former U.S. President Donald Trump at the White House amid his presidential campaign, discussing issues including organized crime and trade, aiming to bolster his political standing despite ongoing scandals.
Romeu Zema criticizes Flávio Bolsonaro amid Vorcaro scandal
Romeu Zema drops to 6%5%
Romeu Zema publicly criticized Flávio Bolsonaro's campaign due to the Vorcaro scandal, increasing political tensions and impacting Zema's market position slightly.
Polls show Lula maintaining lead but facing tighter race with Bolsonaro
Luiz Inácio Lula da Silva dips to 41%3%
Recent polls indicated Lula still leads but with a narrowing margin against Flávio Bolsonaro, reflecting a competitive race and explaining the market price convergence between the two candidates.
Michelle Bolsonaro gains polling parity with Flávio Bolsonaro amid right-wing division
Michelle Bolsonaro rises to 2%1%
Recent polls showed Michelle Bolsonaro matching Flávio Bolsonaro's support in first and second-round scenarios against Lula, reflecting a split in the right-wing electorate and causing market adjustments.
Renan Santos declares presidential run, unveils agribusiness platform
Renan Santos jumps to 14%5%
Mission Party leader Renan Santos officially announced his presidential candidacy and released a policy platform focused on agribusiness. The announcement lifted his market price from 9 % on 21 May to 14 % on 24 May.
Renan Santos surges in polls and social media engagement after Flávio Bolsonaro scandal
Renan Santos jumps to 17%10%
Renan Santos, a right-wing candidate from the Mission Party, gained significant traction in polls and social media following revelations about Flávio Bolsonaro's funding scandal. His rise challenged traditional right-wing candidates and was reflected in increased market support.
Renan Santos announces presidential candidacy with anti-establishment platform
Renan Santos jumps to 13%6%
Renan Santos, leader of the Missão party, declared his candidacy emphasizing a right-wing renewal distinct from Bolsonarism and Lula's leftist agenda. His campaign gained traction among younger voters and those disillusioned with traditional politics, reflected in a market price surge.
Flávio Bolsonaro’s market price falls after leaked audio scandal
Flávio Bolsonaro drops to 32%13%
Following the publication of leaked audios showing Flávio Bolsonaro requesting campaign funds, his market price dropped sharply from 45% to 32%, reflecting voter scrutiny and loss of confidence.
Renan Santos declares presidential bid with agribusiness agenda
Renan Santos rises to 16%3%
Renan Santos, a former minister, announced his candidacy on 24 May 2026 and released a policy platform focused on agribusiness. The announcement pushed his market price from 13 % (24 May) to 16 % (3 Jun).
Poll shows Lula leads Flávio Bolsonaro after Banco Master scandal
Luiz Inácio Lula da Silva jumps to 56%14%
Following the Banco Master funding scandal involving Flávio Bolsonaro, a Datafolha poll showed Lula leading Flávio in the presidential race, reflecting a shift in voter sentiment and impacting market expectations for the election outcome.
Jair Bolsonaro vetoes Michelle Bolsonaro's presidential candidacy for 2026
Michelle Bolsonaro dips to 1%1%
Former President Jair Bolsonaro vetoed the possibility of his wife Michelle Bolsonaro running for president in 2026, which affected her political prospects and market support, keeping her price low compared to other candidates.
Flávio Bolsonaro loses ground after Banco Master scandal audio release
Flávio Bolsonaro drops to 32%13%
A Reuters story reported that Intercept Brasil published audio recordings showing Flávio Bolsonaro negotiating a US$24 million deal with disgraced banker Daniel Vorcaro to finance a film about his father. The exposure caused a sharp backlash against Flávio, and his market price fell from a May‑7 high of 45 % to 32 % on May 18, then recovered to 29 % by June 2.
Lula leads Flávio Bolsonaro in poll after Banco Master scandal
Luiz Inácio Lula da Silva rises to 46%2%
Reuters reported that a Datafolha poll released on 22 May showed Lula pulling ahead after a report linked Flávio Bolsonaro to a $24 million film‑funding request from the disgraced banker Daniel Vorcão (Banco Master). The scandal hurt Flávio’s image and boosted Lula’s standing, moving the market price for Lula from 44 % to 46 % and for Flávio from 43 % to 23 % by the end of June.
Renan Santos gains support as right-wing alternative amid Bolsonaro unpopularity
Renan Santos jumps to 16%10%
Renan Santos' support surged in polls and markets as he positioned himself as an anti-corruption alternative to the unpopular Bolsonaro family, reflected in his market price rising from 6% to 16%.
Lula leads Flavio Bolsonaro in Brazil election poll after Banco Master scandal
Flávio Bolsonaro drops to 32%13%
A Reuters‑cited Datafolha poll reported that Lula pulled ahead after reports linked Flávio Bolsonaro to a disgraced banker from Banco Master. The scandal knocked Flávio’s price down from 45 % to about 32 % within days.
Datafolha poll shows Lula leads Flávio Bolsonaro 47% to 43% in second round
Luiz Inácio Lula da Silva jumps to 47%6%
Datafolha polling indicated Lula leading Flávio Bolsonaro in a potential second-round runoff, reinforcing Lula's position despite a close race and high rejection rates for both candidates.
Lula widens lead over Flávio Bolsonaro after 'Dark Horse' scandal, Datafolha shows
Luiz Inácio Lula da Silva rises to 40%2%
Following the scandal involving Flávio Bolsonaro and Daniel Vorcaro, Lula's polling advantage increased to 40% against Flávio's 31%, reflecting voter backlash and impacting market prices.
Renan Santos spikes after audio leak ties Flávio Bolsonaro to Banco Master
Renan Santos jumps to 14%8%
Investidor10 reported that leaked audio showed Flávio Bolsonaro requesting R$ 134 million from banker Daniel Vorcão, which Renan Santos publicly condemned. The controversy boosted Renan’s market price from 6 % to 14 % over the following week.
Liberal Party reshuffles Flávio Bolsonaro campaign after scandal slide
Flávio Bolsonaro dips to 29%2%
Following the scandal, the PL announced a reshuffle of Flávio’s campaign team, appointing a new strategist and communications head to curb the fallout. The news halted the price decline, stabilising his support around 29 % (down from 34 % on 19 May).
Renan Santos surges in polls and social media engagement after Flávio Bolsonaro scandal
Renan Santos jumps to 13%6%
Following the scandal involving Flávio Bolsonaro, Renan Santos gained significant traction among younger voters and anti-establishment blocs, leading to a rise in his market price from 7% to 13%.
Flávio Bolsonaro reshuffles campaign after poll slide amid funding scandal
Flávio Bolsonaro drops to 24%5%
Following a significant drop in polling due to the funding scandal, Flávio Bolsonaro replaced his campaign communications director to professionalize his campaign and recover support. The crisis opened opportunities for other right-wing contenders, including Renan Santos, Ronaldo Caiado, and Romeu Zema, reflecting fragmentation in the opposition.
Renan Santos spikes to double‑digit support in polling after scandal shocks right‑wing base
Renan Santos jumps to 16%9%
After the Vorcaro scandal lowered Flávio’s numbers, Renan Santos’ “third‑way” appeal surged. A Real Time Big Data poll released 21 May showed Renan at 13 % nationally, and the market price jumped from 7 % (14 May) to 13 % (21 May), later reaching 16 % on 4 Jun.
Flávio Bolsonaro’s support drops sharply amid film funding scandal scrutiny
Flávio Bolsonaro drops to 31%13%
Following increased scrutiny over a scandal involving Flávio Bolsonaro’s attempt to secure funding for a film about his father, his market support dropped significantly, reflecting voter concerns about transparency and ethics.
Renan Santos gains traction as alternative right-wing candidate
Renan Santos jumps to 13%7%
Following the scandal involving Flávio Bolsonaro, Renan Santos, leader of the Mission Party, gained significant support and donations, rising in polls and market prices as a credible anti-corruption alternative on the right.
Former President Jair Bolsonaro hospitalized briefly after prison fall
Flávio Bolsonaro plunges to 25%18%
Jair Bolsonaro was granted a brief leave from prison to undergo medical tests after falling from his bed, raising concerns about his health and impacting his presidential election prospects. This event likely contributed to a drop in his market probability from 43% to 25%.
Film funding scandal involving Flávio Bolsonaro emerges
Flávio Bolsonaro plunges to 28%15%
Leaked WhatsApp messages revealed Flávio Bolsonaro's attempts to secure $24 million funding for a film about his father, linked to a jailed banker accused of fraud. This scandal caused a sharp drop in Flávio's market price from 43% to 28%, benefiting Lula and other right-wing candidates.
Michelle Bolsonaro’s social‑media video boosts her market visibility
Michelle Bolsonaro jumps to 5%5%
A short video of Michelle Bolsonaro praising her husband’s political legacy circulated on social media, causing a brief uptick in her market price from 0 % to 5 % the same day before returning to 1 % the following week. The move likely reflects temporary media attention rather than substantive electoral impact.
Renan Santos’ support surges after Flávio‑Vorcão audio leak
Renan Santos jumps to 13%7%
Following the release of audio showing Flávio Bolsonaro asking Daniel Vorcão for money, Renan Santos – a right‑wing outsider – gained rapid support, lifting his market price from 6 % on 13 May to 13 % on 21 May.
Film funding scandal emerges involving Flávio Bolsonaro
Flávio Bolsonaro dips to 40%4%
Leaked messages revealed Flávio Bolsonaro's attempts to secure funding for a film about his father, sparking calls for investigation and adding controversy to his campaign. Despite this, his support remained resilient, reflecting the polarized political environment.
Datafolha poll ties Lula and Flávio Bolsonaro at 41 % each
Luiz Inácio Lula da Silva jumps to 45%5%
A Datafolha poll released on May 19 showed Lula and Flávio tied at ~41 % each, stabilising Lula’s market price after a dip, moving it from 40 % (May 12) back up to 45 % (May 19).
Fernando Haddad announces he will not run for president, focusing on São Paulo governor race
Fernando Haddad dips to 1%3%
Finance Minister Fernando Haddad confirmed he would not run for president in 2026, instead launching a campaign for São Paulo governor, causing his market price to fall from 4% to 1%.
Renan Santos surges in engagement and polling after Flávio Bolsonaro audio scandal
Renan Santos jumps to 16%10%
Following leaked audios implicating Flávio Bolsonaro in a funding scandal, Renan Santos gained significant traction on social media and in polls, boosting his market price as a rising right-wing alternative candidate.
Report links Flávio Bolsonaro to disgraced banker, Lula leads in poll
Luiz Inácio Lula da Silva jumps to 41%12%
A report alleging ties between Flávio Bolsonaro and a disgraced banker caused a dip in Bolsonaro's support and a poll showed Lula leading, impacting market prices accordingly.
Lula leads Bolsonaro in poll after report linking Bolsonaro to disgraced banker
Flávio Bolsonaro drops to 32%13%
Following reports linking Flávio Bolsonaro to a disgraced banker involved in a funding scandal, Lula pulled ahead in polls, causing a drop in Bolsonaro's market price and a rise in Lula's support.
Poll shows Lula leading Flávio Bolsonaro after film funding scandal
Luiz Inácio Lula da Silva rises to 41%3%
A poll showed President Lula leading Flávio Bolsonaro in the first round with 40% to 31%, reflecting the negative impact of the film funding scandal on Bolsonaro's campaign and a shift in voter sentiment.
Poll shows Lula leads Flavio Bolsonaro after Banco Master scandal
Luiz Inácio Lula da Silva jumps to 47%8%
Following the film funding scandal, a poll showed Lula leading Flavio Bolsonaro in both first-round and potential runoff scenarios, reflecting a shift in voter sentiment and market confidence towards Lula.
Poll shows Lula leads Flávio Bolsonaro after report linking Bolsonaro to disgraced banker
Luiz Inácio Lula da Silva rises to 41%3%
An AtlasIntel/Bloomberg poll showed Lula leading Flávio Bolsonaro in both first-round and runoff scenarios following reports linking Flávio to a disgraced banker, reinforcing Lula's position and causing a dip in Flávio's market price.
Poll shows Lula leading but race tightens after Bolsonaro funding scandal
Luiz Inácio Lula da Silva jumps to 47%6%
A poll conducted after the funding scandal showed Lula leading Flávio Bolsonaro narrowly, with Renan Santos gaining support as a third-way candidate. The scandal and subsequent political dynamics tightened the race, reflected in market price fluctuations and increased uncertainty about the election outcome.
Fernando Haddad confirms he will not run for president in 2026
Fernando Haddad dips to 1%3%
Finance Minister Fernando Haddad announced he would not run for president, focusing instead on a state-level project, leading to a decline in his market support.
Renan Santos gains after release of Flávio Bolsonaro audio leak
Renan Santos jumps to 16%10%
Audio recordings of Flávio Bolsonaro asking Vorcaro for money were broadcast by Investidor10, which highlighted Renan Santos’ criticism of the “rabo preso” claim and positioned him as the anti‑corruption alternative. Renan’s market share jumped from 6 % to 10 % on May 17 and to 13 % on May 24, ending the period at 16 %.
Audio scandal links Flávio Bolsonaro to banker Daniel Vorcaro
Flávio Bolsonaro drops to 32%13%
Audio recordings showed Flávio Bolsonaro negotiating US$24 million with banker Daniel Vorcaro to fund a film about his father. The revelation caused a rapid drop in Flávio’s price (‑13 pp on 12 May → 15 May) and boosted Renan Santos and other opposition figures, explaining the May‑June swing in the market.
Poll shows Lula leads Flávio Bolsonaro after Banco Master scandal
Flávio Bolsonaro drops to 33%10%
Following revelations linking Flávio Bolsonaro to the Banco Master scandal, polls showed Lula leading with 47% against Flávio's 34.3%, reflecting voter backlash against Bolsonaro and a shift in market support towards Lula.
Audio leaks reveal Flávio Bolsonaro negotiating campaign funds with jailed banker
Flávio Bolsonaro drops to 32%13%
Leaked audio recordings showing Flávio Bolsonaro negotiating $24 million with a disgraced banker caused a sharp backlash, dropping his market price from 45% to 32%, benefiting rivals like Renan Santos.
Electoral Authority poll lifts Renan Santos to double‑digit support in Minas Gerais
Renan Santos rises to 13%4%
A regional poll released by the Superior Electoral Court showed Renan Santos jumping from 7 % to 9 % in Minas Gerais, sparking a surge to 13 % in the market as he emerged as a dark‑horse candidate.
Judge orders house arrest for 10 convicted in Bolsonaro coup plot
Flávio Bolsonaro drops to 33%12%
A Brazilian judge issued house arrest orders for 10 people convicted in the Bolsonaro coup plot, signaling ongoing legal developments that kept Bolsonaro's political influence under scrutiny and affected market sentiment.
Poll shows Lula and Flávio Bolsonaro tied in tight presidential race
A Datafolha poll reaffirmed a tight race with Lula and Flávio Bolsonaro statistically tied in a head-to-head contest, reinforcing market perceptions of a highly competitive election and stabilizing their prices.
Poll shows Lula and Flávio Bolsonaro tied in tight race before Brazil’s presidential election
A Datafolha poll revealed a neck-and-neck contest between Lula and Flávio Bolsonaro, reflecting a highly polarized electorate and intensifying competition in the market.
Datafolha poll shows Lula and Flávio Bolsonaro tied at 41‑41 %
Luiz Inácio Lula da Silva jumps to 45%7%
Datafolha released a poll showing Lula and Flávio Bolsonaro tied at 41 % each. The surprising strength of Lula’s lead caused his market price to climb from 38 % to 45 % over the next few days before it later slipped back, reflecting the market’s reaction to the narrowing gap.
Poll shows Lula and Bolsonaro tied before Brazil’s presidential election
Flávio Bolsonaro dips to 29%3%
A poll released in mid-May 2026 showed Lula and Flávio Bolsonaro neck and neck, reflecting the narrowing gap and intense competition leading up to the October election, influencing market prices to converge.
Scandal emerges linking Flávio Bolsonaro to $24 million film-funding request
Flávio Bolsonaro plunges to 29%16%
Audio recordings surfaced implicating Flávio Bolsonaro in a controversial $24 million film-funding request from a disgraced banker, causing his market price to drop sharply from a peak of 45% to 29%, damaging his campaign momentum.
PGR files defamation charge against Romeu Zema over STF satire videos
Romeu Zema rises to 5%2%
The Federal Prosecutor’s Office (PGR) filed a criminal defamation complaint against former Minas governor Romeu Zema for videos satirising Supreme Court ministers. Media coverage of the case raised Zema’s profile, lifting his market price from 3 % to 5 % before settling back at 3 % as the story faded.
Flávio Bolsonaro manages fallout from leaked funding request, Michelle Bolsonaro considered fallback
Flávio Bolsonaro drops to 33%11%
Following leaked audio revealing Flávio Bolsonaro's request for campaign funds, he worked to contain the damage and maintain his candidacy. Some party members and supporters considered former first lady Michelle Bolsonaro as a fallback candidate, reflecting internal tensions within the right-wing bloc.
Flávio Bolsonaro works to contain fallout from funding scandal
Flávio Bolsonaro rises to 28%2%
Following leaked audio revelations, Flávio Bolsonaro met with campaign leadership to manage damage and maintain his candidacy, while some party members considered Michelle Bolsonaro as a fallback option, reflecting internal right-wing tensions.
PGR denounces ex‑governor Romeu Zema for calumny against STF minister
Romeu Zema rises to 5%4%
The PGR filed a complaint with the STJ accusing former governor Romeu Zema of calumny against STF minister Gilmar Mendes after Zema posted AI‑generated videos mocking the court. The legal exposure boosted his profile among anti‑establishment voters, moving his price from 1 % (31 Mar) to 2 % (4 Apr) and eventually to 5 % (mid‑May).
PGR files calúnia complaint against Romeu Zema over videos targeting STF minister
Romeu Zema rises to 3%2%
The Prosecutor‑General of the Republic filed a criminal complaint against ex‑governor Romeu Zema for calúnia against STF minister Gilmar Mendes after Zema posted satirical videos linking the minister to the Banco Master case. The filing boosted Zema’s visibility and his price rose from 1 % on May 13 to 3 % on June 2.
Renan Santos gains traction as right-wing alternative amid Bolsonaro scandal
Renan Santos jumps to 14%7%
Following the leaked audio scandal involving Flávio Bolsonaro, Renan Santos, leader of the Missão party, gained significant social media engagement and polling support, reflected in a market price increase from 7% to 14%.
Flávio Bolsonaro moves to protect presidential bid amid funding scandal
Flávio Bolsonaro dips to 29%2%
Following the leaked funding scandal, Flávio Bolsonaro and his allies worked to contain the fallout, with some party members considering former first lady Michelle Bolsonaro as a fallback option. The scandal slowed Flávio's rise in polls and introduced uncertainty in his campaign.
Audio leak shows Flávio Bolsonaro negotiating film financing with Banco Master’s Daniel Vorcaro
Flávio Bolsonaro drops to 31%12%
The Intercept Brasil published leaked audio showing Flávio Bolsonaro negotiating a R$ 134 million payment to Banco Master’s Daniel Vorcaro for a biopic of his father. The scandal depressed his perceived integrity, sending his price sharply down from 43 % (May 12) to 31 % (May 19).
Leaked audio shows Flávio Bolsonaro seeking money from jailed banker for father’s film
Flávio Bolsonaro plunges to 28%16%
Intercept Brasil published leaked audio messages linking Flávio Bolsonaro to disgraced banker Daniel Vorcaro, suggesting he tried to secure US$24 million for a film about his father. The story sparked a media firestorm and caused Flávio’s price to plunge from a peak of 44 % (May 2) to 28 % (May 25), while Lula’s price recovered to 45 % (May 19).
Audio scandal ties Flávio Bolsonaro to banker Vorcaro, lifts Renan Santos
Renan Santos rises to 16%3%
A mid‑May audio scandal linking Flávio Bolsonaro to disgraced banker Daniel Vorcaro was released, dragging Flávio’s price down and boosting Renan Santos as an anti‑corruption alternative. Renan’s market price rose from 13 % to 16 % in the same week.
Real Time poll puts Romeu Zema among top right‑wing contenders
Romeu Zema rises to 2%1%
A Real Time Big Data poll released on 14 May showed Romeu Zema’s support climbing to 9 %, prompting a modest rise in his market price from 1 % (Apr 4) to 2 % (Jun 12).
Leaked audio reveals Flávio Bolsonaro sought funds for film about Jair Bolsonaro
Flávio Bolsonaro drops to 28%5%
An audio recording leaked showing Flávio Bolsonaro requesting money from former banker Daniel Vorcaro to finance a film about his father, causing political tension and prompting Flávio to work on damage control. This scandal contributed to a decline in his market price and raised speculation about Michelle Bolsonaro as a fallback candidate.
Revelations of Flávio Bolsonaro's negotiations with banker Daniel Vorcaro
Flávio Bolsonaro drops to 33%11%
Reports revealed Flávio Bolsonaro negotiated funding with banker Daniel Vorcaro, linked to a fraud case, damaging his campaign and causing a price drop from 44% to 33%.
Lula's support dips to 37% amid rising competition
Luiz Inácio Lula da Silva dips to 37%3%
Luiz Inácio Lula da Silva's market price dropped to a low of 37% on May 5, 2026, reflecting increased competition and possible voter shifts towards other candidates like Flávio Bolsonaro.
Leaked audios reveal Flávio Bolsonaro negotiating funds for film about his father
Flávio Bolsonaro plunges to 28%15%
Audio leaks showed Flávio Bolsonaro negotiating with a jailed banker for $12 million to finance a film about Jair Bolsonaro's 2018 campaign. This scandal caused a drop in Flávio's market price from 43% to 28%, benefiting other right-wing candidates like Renan Santos and Romeu Zema.
Poll shows Lula and Flávio Bolsonaro tied in simulated runoff
Flávio Bolsonaro jumps to 45%6%
A Quaest poll showed incumbent Lula and challenger Flávio Bolsonaro statistically tied in a simulated runoff, with Lula at 42% and Flávio at 41%. This tight race increased market uncertainty and caused price adjustments reflecting a highly competitive election.
Audio scandal involving Flávio Bolsonaro funding request leaks
Flávio Bolsonaro drops to 32%13%
Leaked audio recordings revealed Flávio Bolsonaro negotiating funds with a jailed banker to finance a film about his father, causing a drop in his market price and benefiting right-wing alternatives like Renan Santos and Romeu Zema, who saw increased support.
Revelation of Flávio Bolsonaro's film funding scandal involving jailed banker
Flávio Bolsonaro plunges to 29%15%
Intercept Brasil published leaked WhatsApp messages showing Flávio Bolsonaro soliciting R$134 million from jailed banker Daniel Vorcaro to finance a film about his father, causing a political scandal that dented Bolsonaro's polling and market support.
May scandal links Flávio Bolsonaro to US$24 m film‑funding request
Flávio Bolsonaro plunges to 28%17%
Audio recordings linking Flávio Bolsonaro to a US$24 million film‑funding request from disgraced banker Daniel Vorcaro sparked a major controversy, sending his market price tumbling from a May‑peak of 45 % to 28 % within days.
Intercept Brasil reveals Flávio Bolsonaro's financial ties to disgraced banker Daniel Vorcaro
Flávio Bolsonaro drops to 31%12%
Intercept Brasil published leaked messages and audio revealing that Senator Flávio Bolsonaro negotiated with banker Daniel Vorcaro, owner of Banco Master, to finance a film about Jair Bolsonaro, causing a political scandal that damaged Flávio's campaign and led to a drop in his polling numbers.
Scandal over Flávio Bolsonaro seeking film funding from convicted banker emerges
Flávio Bolsonaro drops to 31%12%
Reports revealed Flávio Bolsonaro sought funds from a convicted fraudster to finance a film about his father, damaging his campaign and causing a drop in his market price while boosting Lula's lead.
Poll shows Lula and Flávio Bolsonaro tied in presidential runoff
Luiz Inácio Lula da Silva rises to 41%3%
A major poll showed incumbent Lula and challenger Flávio Bolsonaro statistically tied in a simulated runoff, reflecting a highly competitive race and influencing market prices to converge.
Audio scandal reveals Flávio Bolsonaro sought $24 million film funding from jailed banker
Flávio Bolsonaro drops to 32%13%
Leaked audio recordings showed Flávio Bolsonaro negotiating a $24 million deal with a jailed banker to finance a film about his father, causing a sharp drop in his market price from 45% to 32%, reflecting investor concerns about the scandal's impact on his campaign.
Poll shows Lula and Bolsonaro tied before Brazil’s presidential election
Luiz Inácio Lula da Silva rises to 40%1%
A Datafolha poll reaffirmed the tight race with Lula and Bolsonaro tied, reflecting ongoing uncertainty and intense competition. This poll influenced market prices, with fluctuations for both candidates as the election approached.
Revelations of Flávio Bolsonaro's ties to disgraced banker Daniel Vorcaro spark controversy
Flávio Bolsonaro drops to 38%6%
Reports revealed Flávio Bolsonaro sought funding from banker Daniel Vorcaro for a film about his father, causing discomfort within his party and a temporary dip in his market price due to scandal concerns.
Leaked audios reveal Flávio Bolsonaro soliciting funds for film
Flávio Bolsonaro drops to 31%14%
Leaked audio recordings showed Flávio Bolsonaro negotiating funds with a jailed banker to finance a film about his father, causing a drop in his market price and benefiting right-wing alternatives like Renan Santos and Romeu Zema.
Poll shows Lula and Bolsonaro tied amid film funding scandal for Bolsonaro
Flávio Bolsonaro plunges to 29%15%
A Datafolha poll reaffirmed the tight race between Lula and Flávio Bolsonaro, but Bolsonaro faced scrutiny over a film funding scandal involving alleged fraud, which introduced new uncertainty and may have contributed to his price decline in late May.
Leaked audio reveals Flávio Bolsonaro requesting R$134 million from banker Daniel Vorcaro
Flávio Bolsonaro drops to 32%12%
Audio and messages leaked showing Flávio Bolsonaro negotiating a large funding amount with banker Daniel Vorcaro for a film about Jair Bolsonaro caused a scandal, damaging Flávio's campaign and leading to increased scrutiny and calls for investigation, which negatively impacted his market price.
Audio leak reveals Flávio Bolsonaro soliciting funds for film about Jair Bolsonaro
Flávio Bolsonaro drops to 31%14%
Leaked audio recordings showed Flávio Bolsonaro requesting R$134 million from banker Daniel Vorcaro to finance a film about his father, sparking a backlash that caused a sharp drop in his market price and boosted support for Renan Santos as an anti-corruption alternative.
Bombshell leak threatens Flávio Bolsonaro's election bid amid corruption allegations
Flávio Bolsonaro drops to 33%12%
A major leak revealed potential wrongdoing by Flávio Bolsonaro, causing a temporary drop in his market price as voters reassessed his viability, reflecting the impact of corruption scandals on his campaign.
Scandal emerges linking Flávio Bolsonaro to film financing controversy
Flávio Bolsonaro plunges to 29%16%
Leaked WhatsApp messages revealed Flávio Bolsonaro's discussions with a banker imprisoned for fraud regarding financing a film about his father. This scandal damaged Bolsonaro's campaign credibility and contributed to a decline in his market price from 45% to 29%.
Scandal emerges over Flávio Bolsonaro's request for funds from disgraced banker
Flávio Bolsonaro plunges to 28%15%
Audios revealed Flávio Bolsonaro asking banker Daniel Vorcaro for $12 million to produce a movie about his father, causing a sharp decline in Bolsonaro's market price from 43% to 28%.
Report reveals Flavio Bolsonaro sought $24 million funding from disgraced banker for film about his father
Flávio Bolsonaro plunges to 25%19%
Leaked WhatsApp messages showed Flavio Bolsonaro attempting to secure $24 million from jailed banker Daniel Vorcaro to finance a film about Jair Bolsonaro. This scandal raised ethical questions and led to calls for investigation, causing a significant drop in Flavio Bolsonaro's market support.
Flávio Bolsonaro caught in R$ 134 million film‑funding audio scandal
Flávio Bolsonaro drops to 33%10%
The Intercept Brasil published audio recordings showing Flávio Bolsonaro requesting R$ 134 million from banker Daniel Vorcaro to finance a film about his father. The scandal prompted a sharp drop in Flávio’s market price from 43 % to 33 % that week, while other candidates gained as voters shifted away from the candidate embroiled in corruption allegations.
Flávio Bolsonaro linked to R$ 134 m film‑funding scandal
Flávio Bolsonaro drops to 33%12%
Leaked audio showed Flávio Bolsonaro asking jailed banker Daniel Vorcaro for R$ 134 million to fund a biopic of his father. The scandal caused a sharp drop in Flávio’s market price from a peak of 45 % on 7 May to 33 % on 13 May.
Real‑Time Big Data poll puts Renan Santos at 6 % amid Flávio scandal
Renan Santos jumps to 10%5%
A Real‑Time Big Data poll released on 13 May showed Renan Santos rising to 6 % nationally, up from 3 % a month earlier, after the Flávio scandal created a space for anti‑corruption alternatives. His market price climbed from 5 % on 10 May to 10 % on 13 May, beginning the longer‑term rise to 15 % by early June.
Audio leak shows Flávio Bolsonaro seeking funds from jailed banker for father‑biography film
Flávio Bolsonaro drops to 31%14%
Intercept Brasil published leaked WhatsApp messages showing Flávio Bolsonaro asking banker Daniel Vorcaro for US$24 million to fund a film about his father. The revelation triggered a sharp market correction, with Flávio’s price falling from 45 % (7 May) to 31 % on 19 May, and further to 27 % by 12 Jun.
Audio leaks reveal Flávio Bolsonaro’s $12 m request to jailed banker Daniel Vorcaro
Flávio Bolsonaro drops to 32%13%
Audio recordings released showing Flávio Bolsonaro asking jailed banker Daniel Vorcaro for $12 million to fund a biopic caused a sharp market correction, dropping his price from a 45 % peak on May 7 to 32 % on May 18 (‑13 points within two days).
Vorcaro‑Master scandal forces Flávio Bolsonaro’s market price to tumble
Flávio Bolsonaro drops to 33%12%
Media reports on the “Banco Master” scandal – audio recordings showing Flávio Bolsonaro requesting R$ 134 million from banker Daniel Vorcaro – caused his market price to plunge from a May‑7 peak of 45 % to 33 % on 14 May, the biggest swing in the window.
Poll shows Lula and Flávio Bolsonaro tied before Brazil’s presidential election
Luiz Inácio Lula da Silva rises to 41%2%
A Datafolha poll showed incumbent President Luiz Inácio Lula da Silva and challenger Flávio Bolsonaro neck and neck ahead of the October election, reflecting a tightening race and explaining the market price convergence between the two candidates.
Flávio Bolsonaro audio leak links him to Vorcoro funding request
Flávio Bolsonaro drops to 27%7%
Audio leaks revealed Flávio Bolsonaro requesting US$12 million from disgraced banker Daniel Vorcoro for a film about his father. The scandal caused a sharp drop in Flávio’s price from 34 % to 27 % within a week.
Scandal involving Flávio Bolsonaro and banker Daniel Vorcaro emerges
Flávio Bolsonaro drops to 33%12%
Revelations about Flávio Bolsonaro's request for funds from banker Daniel Vorcaro to finance a film about his father caused a political scandal, leading to voter backlash and a decline in his market price from 45% to 33%.
Flávio Bolsonaro’s price drops 10 points after controversial interview
Flávio Bolsonaro drops to 33%12%
An interview in which Flávio made inflammatory remarks led to a rapid decline from 45 % to 33 %, reflecting voter backlash.
Poll shows Lula and Flávio Bolsonaro tied before Brazil’s presidential election
Flávio Bolsonaro jumps to 34%7%
A Datafolha poll showed a tight race with Lula and Flávio Bolsonaro tied in a head-to-head contest, reflecting a narrowing gap and intense competition. This poll influenced market prices, with Flávio gaining ground and Lula's support declining.
Poll shows Lula and Bolsonaro tied before Brazil’s presidential election
A Datafolha poll showed Luiz Inácio Lula da Silva and Flávio Bolsonaro tied at 45% each in a head-to-head contest, indicating a highly competitive race. This poll was conducted before a scandal involving Bolsonaro's campaign emerged, reflecting the tight race dynamics.
Lula unveils expanded ‘Desenrola’ debt‑relief programme
Luiz Inácio Lula da Silva jumps to 45%9%
Lula launched a new ‘Desenrola’ debt‑relief programme aimed at renegotiating household debt. The policy announcement helped stop Lula’s slide, pushing his price back up from a low of 36 % (Apr 27) to 40 % (May 5) and later to 45 % (May 19).
Audio leak reveals Flávio Bolsonaro seeking $24 million to fund film about Jair Bolsonaro
Flávio Bolsonaro plunges to 28%15%
Audio recordings surfaced showing Flávio Bolsonaro negotiating with jailed banker Daniel Vorcaro to finance a film about his father, sparking a scandal that caused a sharp drop in Flávio Bolsonaro's market price and boosted support for Renan Santos as an anti-corruption alternative.
Flávio Bolsonaro linked to funding scandal involving disgraced banker Daniel Vorcaro
Flávio Bolsonaro plunges to 25%19%
Leaked audios revealed Flávio Bolsonaro negotiating millions with a disgraced banker to finance a film about his father, causing volatility and a decline in his market price from 44% to 25%.
Datafolha poll shows Lula and Flávio Bolsonaro tied in runoff
Flávio Bolsonaro plunges to 29%15%
Datafolha poll reaffirmed the tight race with Lula and Flávio Bolsonaro tied in a head-to-head contest, reflecting the intense competition and influencing market prices.
Datafolha poll shows Lula and Flavio Bolsonaro tied before Brazil’s presidential election
A Datafolha poll conducted in May showed Lula and Flavio Bolsonaro tied at 45% each in a potential runoff, highlighting the tightness of the race and the polarization of the electorate.
Polls show Lula leads Flávio Bolsonaro amid Bolsonaro funding scandal
Flávio Bolsonaro plunges to 28%15%
Polls released in May 2026 showed Lula leading Flávio Bolsonaro in the presidential race, influenced by a scandal involving Bolsonaro's request for funds from a disgraced banker, which caused a decline in Bolsonaro's market odds from 43% to 28%.
Lula announces R$143.7 billion government spending package ahead of election
Luiz Inácio Lula da Silva dips to 40%3%
The Lula administration unveiled a large stimulus package aimed at boosting the economy before the election, raising concerns about fiscal sustainability and inflation, which influenced market perceptions of Lula's economic management and electoral prospects.
Scandal emerges linking Flávio Bolsonaro to disgraced banker Daniel Vorcaro
Flávio Bolsonaro drops to 37%6%
Reports revealed that Flávio Bolsonaro negotiated funding with Daniel Vorcaro, a banker under investigation for fraud, damaging his campaign and causing a drop in his polling and market support.
Lula condemns COVID‑19 fake‑news and vows investigation
Luiz Inácio Lula da Silva jumps to 41%6%
Lula publicly criticized pandemic‑era misinformation and announced a new initiative to investigate fake‑news about COVID‑19. The statement energized his base and coincided with a modest rebound of his market price from a low of 35 % on April 25 to 41 % on May 6.
President Lula criticizes COVID-19 denialism during National Victims Day ceremony
Luiz Inácio Lula da Silva jumps to 45%5%
President Luiz Inácio Lula da Silva publicly criticized the previous Bolsonaro administration's handling of the COVID-19 pandemic, reinforcing his campaign narrative and impacting voter sentiment ahead of the election.
Analysis highlights Brazil's polarized 2026 presidential race between Lula and Flávio Bolsonaro
An opinion piece emphasized the deep polarization in Brazil's 2026 election, with Lula and Flávio Bolsonaro as main contenders, reflecting the political landscape that influenced market perceptions and candidate support.
Flávio Bolsonaro linked to $12 million film‑funding scandal
Flávio Bolsonaro drops to 32%13%
Reportage on the “film‑funding” scandal revealed that Flávio Bolsonaro had negotiated a $12 million payment with former banker Daniel Vorcaro to finance a movie about his father, causing his market price to plunge from a May‑7 high of 45 % to 32 % within a week.
Flávio Bolsonaro's film-funding scandal breaks, causing market plunge
Flávio Bolsonaro drops to 32%13%
Reports revealed Flávio Bolsonaro negotiated a $12 million payment with disgraced banker Daniel Vorcaro to finance a film about his father, triggering a sharp drop in his market price from 45% to 32% within a week, reflecting damage to his presidential bid.
Flávio Bolsonaro peaks at 45% market support
Flávio Bolsonaro jumps to 45%5%
Flávio Bolsonaro's market price peaked at 45% on May 7, 2026, indicating a significant surge in his perceived chances of winning the presidency during this period.
Brazil’s Supreme Court moves Bolsonaro to larger cell with outdoor area
Flávio Bolsonaro drops to 34%10%
Brazil’s Supreme Court ordered the transfer of Jair Bolsonaro to a larger prison cell with better conditions, which may affect his health and political influence. This event followed his recent medical issues and was part of ongoing legal proceedings.
Lula launches fake‑news investigation, reviving his campaign
Luiz Inácio Lula da Silva jumps to 41%6%
President Lula publicly criticized pandemic‑era misinformation and announced a new initiative to investigate fake‑news about COVID‑19. The statement revived his base and lifted his market price from a low of 35 % on 25 April to 41 % on 6 May.
Brazil Supreme Court orders Bolsonaro's transfer to larger prison cell with outdoor area
Flávio Bolsonaro dips to 38%2%
The Supreme Court ordered Jair Bolsonaro's transfer to a larger cell with better conditions, reflecting ongoing judicial management of his incarceration and health, which maintained political uncertainty around Bolsonaro's influence and his son's campaign.
Flávio Bolsonaro officially announces presidential candidacy with Jair Bolsonaro's endorsement
Flávio Bolsonaro dips to 16%1%
Flávio Bolsonaro announced his presidential candidacy with the endorsement of his father, former President Jair Bolsonaro, who is imprisoned. This announcement caused a market sell-off due to concerns about Flávio's viability and the impact on the opposition's strength against Lula.
Jair Bolsonaro discharged from hospital after major intestinal surgery
Bolsonaro was discharged after a lengthy surgery, highlighting ongoing health issues that limited his political activity and indirectly affected perceptions of his son Flávio Bolsonaro’s campaign viability.
Poll shows Lula and Flávio Bolsonaro tied ahead of Brazil’s presidential election
A Datafolha poll showed incumbent Luiz Inácio Lula da Silva and challenger Flávio Bolsonaro tied in a head-to-head contest, reflecting a tightening race and influencing market prices with Lula maintaining a slight lead.
Romeu Zema advocates for child labor legalization in Brazil
Romeu Zema rises to 5%4%
Romeu Zema publicly argued for allowing child labor under 16, a controversial stance that briefly increased his market odds from 1% to 5%, reflecting a temporary boost in political visibility and support among certain voter segments.
Finance Minister Fernando Haddad resigns to run for São Paulo governor
Fernando Haddad rises to 4%1%
Fernando Haddad resigned as Brazil’s finance minister to launch a high-profile campaign for São Paulo governor, slightly increasing his political visibility and market support ahead of the presidential election.
Supreme Court orders probe into Flávio Bolsonaro for alleged defamatory posts
Flávio Bolsonaro rises to 39%1%
Brazil’s Supreme Court authorized an investigation into Flávio Bolsonaro for defamatory statements against Lula, increasing political tensions and impacting market perceptions of Bolsonaro's candidacy.
Romeu Zema advocates for allowing child labor in Brazil
Romeu Zema rises to 5%4%
Romeu Zema, pre-candidate for president from the Novo party, publicly defended changing Brazilian laws to allow children to work, a controversial stance that briefly increased his market price from 1% to 5% before legal and public backlash.
Jair Bolsonaro undergoes double hernia surgery while in prison
Flávio Bolsonaro jumps to 29%5%
Former President Jair Bolsonaro underwent double hernia surgery during his prison sentence, raising concerns about his health and impacting perceptions of his political viability and that of his son Flávio Bolsonaro's campaign.
Bolsonaro leaves house arrest for shoulder surgery, wife says
Flávio Bolsonaro drops to 29%5%
Jair Bolsonaro underwent shoulder surgery under house‑arrest conditions; his wife Michelle announced the procedure. The health episode dampened Bolsonaro‑related optimism, causing Flávio’s price to fall from the mid‑30s to the high‑20s.
Bolsonaro undergoes double hernia surgery in Brasília hospital
Flávio Bolsonaro jumps to 24%6%
Former President Jair Bolsonaro underwent double hernia surgery while serving a 27-year prison sentence, highlighting his ongoing health issues and legal troubles, which influenced market perceptions of his political future and indirectly affected his son Flávio Bolsonaro's candidacy.
Caiado names Gilberto Kassab as running‑mate
Ronaldo Caiado rises to 2%1%
Caiado announced his vice‑presidential running‑mate, former Minister Gilberto Kassab, solidifying his candidacy and causing a modest rise in his market price.
Lula plans Supreme Court nomination after historic defeat, sources say
Lula is expected to run for his fourth non-consecutive term after being the first Brazilian leader in 132 years to have a top court nominee rejected by Congress.
Brazilian Congress overrides Lula's veto, enabling sentence reduction for Jair Bolsonaro
Flávio Bolsonaro surges to 38%19%
The Brazilian Congress overrode President Lula's veto on a law reducing prison sentences for sedition, benefiting former President Jair Bolsonaro and energizing Flávio Bolsonaro's campaign, which was reflected in his rising market support.
Flávio Bolsonaro leads Lula in Datafolha runoff poll for first time
Flávio Bolsonaro jumps to 31%5%
A Datafolha poll showed Flávio Bolsonaro numerically ahead of Lula in a runoff simulation for the first time, signaling a shift in the race and causing market volatility with Flávio's price rising and Lula's declining.
Polls show Lula and Flávio Bolsonaro statistically tied in runoff
Flávio Bolsonaro rises to 42%1%
BTG Pactual/Nexus poll showed Lula and Flávio Bolsonaro statistically tied in a simulated runoff, reinforcing the market's view of a neck-and-neck race.
Zema reaches 10 % in April poll, matching recent market level
A poll published 27 April recorded Zema’s support climbing to 10 % in a national sample, lifting his market price from 1 % to 1 % (stable) but supporting the slight uptick seen in the price chart.
Polls show high rejection rates for Lula and Flávio Bolsonaro
Polls revealed both Lula and Flávio Bolsonaro faced high and stable rejection rates, limiting their growth potential and indicating a polarized electorate. This dynamic influenced market perceptions of the election's competitiveness and candidate ceilings.
Supreme Court moves Bolsonaro to larger cell with outdoor area
Flávio Bolsonaro rises to 41%2%
A Supreme Court order moved Bolsonaro to a larger cell with an outdoor area, viewed as a concession to his health demands. The news boosted Flávio Bolsonaro’s odds (from 39 % to 41 %) as it suggested the family’s legal team was gaining small victories, while Lula’s price slipped marginally.
Lula’s poll share hits low of 35 % amid economic slowdown
Luiz Inácio Lula da Silva drops to 35%5%
A slowdown in Brazil’s GDP growth lowered voter confidence in Lula, driving his price to a new trough.
Finance Minister Fernando Haddad rules out 2026 presidential run
Fernando Haddad dips to 2%3%
Haddad publicly announced he would not run for president in 2026, focusing instead on a state‑level project. The clarification caused his market price to fall from 5 % to 2 % over the next week, as traders reassessed his electoral relevance.
Romeu Zema faces potential legal action amid criticism of Supreme Court
Romeu Zema rises to 6%4%
Romeu Zema intensified criticism of Brazil's Supreme Court, leading to his inclusion in an investigation on fake news and attacks on democratic institutions. This institutional tension raised his profile but also political risks, reflected in market fluctuations.
Brazil’s Supreme Court moves Bolsonaro to larger cell with outdoor area
Flávio Bolsonaro rises to 40%1%
The Supreme Court ordered Jair Bolsonaro's transfer to a larger prison cell with better conditions, which was seen as a response to his health and legal situation, affecting market perceptions of his political future.
Governor Romeu Zema signals presidential ambition
Romeu Zema jumps to 6%5%
Governor Romeu Zema announced his intention to run for president during a televised interview, prompting a brief rise in his market price from 1 % (31 Mar) to 6 % (23 Apr).
Brazil government proposes bill to offset fuel tax cuts amid oil price surge
Luiz Inácio Lula da Silva dips to 39%4%
The government unveiled a bill to use additional revenue from higher oil prices to offset fuel tax cuts, aiming to protect consumers amid the Middle East conflict. This economic challenge affected Lula's standing and contributed to his market price decline.
Lula da Silva advocates for Brazilian companies to use Portugal as EU entry point
During an official visit to Portugal, Lula promoted economic ties and encouraged Brazilian companies to operate in Portugal as a gateway to the EU, highlighting his international economic strategy and potentially influencing market perceptions of his leadership.
Governor Zema unveils new economic‑development plan ahead of presidential race
Romeu Zema rises to 5%4%
Zema’s campaign announced a new economic‑development platform, which briefly lifted his market share from 1 % to 5 % while Caiado’s share fell from 5 % to 2 % as voters re‑allocated support.
Romeu Zema rejects joining Flávio Bolsonaro’s ticket
Romeu Zema rises to 3%2%
Zema publicly rejected a vice‑presidential slot on Flávio Bolsonaro’s ticket, confirming he would run independently. The move nudged his market price from 1 % to 3 % and contributed to a modest dip in Caiado’s price as the right‑wing vote fragmented.
Romeu Zema rejects vice-presidential offer from Flávio Bolsonaro
Former Minas Gerais Governor Romeu Zema publicly declined an offer to be Flávio Bolsonaro's running mate, confirming a fragmented right-wing field and limiting consolidation of opposition votes, which kept his market price flat.
Lula advocates Brazilian companies using Portugal as gateway to EU
During an official visit to Portugal, President Lula promoted Brazilian companies operating in Portugal as a strategic entry point to the European Union, highlighting economic diplomacy efforts that may influence his re-election campaign.
Romeu Zema publicly rejects vice-presidential role on Flávio Bolsonaro’s ticket
Romeu Zema rises to 5%4%
Romeu Zema, governor of Minas Gerais, rejected the prospect of joining Flávio Bolsonaro’s ticket as vice-president, confirming a fragmented right-wing field and affecting his market price which briefly rose from 1% to 5%.
Romeu Zema refuses vice‑presidential offer from Flávio Bolsonaro
Romeu Zema rises to 2%1%
Governor Romeu Zema publicly rejected a vice‑presidential slot on Flávio Bolsonaro’s ticket, reinforcing his independence and nudging his market price from 1 % (Apr 20) to 2 % (May 2).
Romeu Zema rejects vice role on Flávio Bolsonaro’s ticket, stays presidential candidate
Romeu Zema rises to 3%1%
Former Minas Gerais Governor Romeu Zema publicly rejected the prospect of joining Flávio Bolsonaro’s ticket as vice-president, confirming his independent presidential run and maintaining his market presence as a right-wing alternative.
Zema rejects vice role, vows to stay in Brazil race
Romeu Zema publicly rejected a vice‑presidential offer from Flávio Bolsonaro, confirming three right‑wing candidates would stay separate. The news kept Zema’s market price flat at 1 % but reinforced the fragmentation narrative affecting the whole field.
Lula’s approval dips after controversial Amazon mining concessions
Luiz Inácio Lula da Silva drops to 40%12%
Environmental controversy hurt Lula’s standing, contributing to a decline from 52 % to 40 % in his market price.
Romeu Zema launches radical economic plan for presidential campaign
Romeu Zema rises to 2%1%
Former Minas Gerais governor Romeu Zema launched a detailed economic plan proposing deregulation, privatization, and fiscal discipline, aiming to position himself as a centrist-right alternative. This plan contributed to a modest rise in his market price from 1% to 2%.
Romeu Zema unveils full‑scale privatization economic plan
Romeu Zema jumps to 12%11%
Governor Romeu Zema announced his economic plan, promising sweeping privatizations. The proposal lifted his price from 1 % (31 Mar) to 2 % (4 Apr) and later to a brief peak of 12 % on 13 May, reflecting heightened attention from investors.
Poll shows Flávio Bolsonaro surpasses Lula numerically in second round for first time
Flávio Bolsonaro rises to 29%4%
A poll indicated that Flávio Bolsonaro overtook Lula numerically in a hypothetical second-round runoff, signaling increased competitiveness and causing market adjustments reflecting uncertainty about the election outcome.
Brazil’s Supreme Court authorizes probe into Flávio Bolsonaro for defamation
Flávio Bolsonaro dips to 35%4%
The Supreme Court allowed federal police to investigate Flávio Bolsonaro for alleged defamatory statements against President Lula, increasing political tensions and negatively impacting Bolsonaro's campaign momentum.
Brazil’s Supreme Court opens probe into Flávio Bolsonaro’s alleged defamation of Lula
Flávio Bolsonaro plunges to 23%22%
The Brazilian Supreme Court authorized a federal‑police investigation into whether Flávio Bolsonaro made defamatory statements about Lula. The legal action intensified scrutiny on Flávio and coincided with a price drop from his peak of 45 % on 12 May to 23 % by 24 June.
Federal police open investigation into Flavio Bolsonaro for defamatory statements against Lula
Flávio Bolsonaro drops to 25%5%
Brazil's Supreme Court authorized a federal police investigation into Flavio Bolsonaro regarding defamatory statements about Lula. This legal scrutiny added pressure on Bolsonaro's campaign and contributed to market volatility.
Brazil’s Supreme Court orders probe into Flávio Bolsonaro for defamatory statements
Flávio Bolsonaro drops to 35%5%
The Supreme Court authorized an investigation into Flávio Bolsonaro's alleged defamatory posts against Lula, increasing scrutiny on his campaign and causing some volatility in his market support amid a tightening race.
Brazil’s federal police open probe into Flávio Bolsonaro for defamatory statements
Flávio Bolsonaro dips to 39%1%
Brazil’s Supreme Court authorized an investigation into whether Flávio Bolsonaro made defamatory statements about Lula, increasing scrutiny on Bolsonaro and potentially damaging his campaign. This legal pressure contributed to volatility and a decline in Bolsonaro's market price.
Supreme Court opens probe into Flávio Bolsonaro’s alleged defamation of Lula
Flávio Bolsonaro jumps to 33%7%
The Supreme Court authorized a probe into whether Flávio Bolsonaro had made defamatory statements about President Lula. The investigation created uncertainty for his campaign, pulling his price from 33 % back down to 26 % over the next two weeks.
Federal police open probe into Flávio Bolsonaro for defamatory statements against Lula
Flávio Bolsonaro dips to 35%4%
Brazil’s Supreme Court authorized a federal police investigation into Flávio Bolsonaro for alleged defamatory statements against President Lula, causing uncertainty and a temporary dip in his market price.
Brazil’s police open probe into Flávio Bolsonaro for alleged defamation
Flávio Bolsonaro drops to 29%5%
The Supreme Court authorized an investigation into Flávio Bolsonaro for defamatory statements against President Lula, increasing scrutiny on his campaign and affecting market sentiment.
Brazil’s Supreme Court allows federal police to investigate Flávio Bolsonaro
Brazil’s Supreme Court authorized an investigation into whether Flávio Bolsonaro made defamatory statements about Lula. This legal scrutiny added uncertainty to Flávio's campaign and affected his market price, reflecting increased political risk.
PGR files calumny charges against Romeu Zema for accusations against STF minister
Romeu Zema rises to 2%1%
The Prosecutor General of the Republic filed charges against Romeu Zema for calumny against Supreme Court minister Gilmar Mendes, following Zema's critical social media posts, increasing legal pressure and political tension around his candidacy.
Brazil’s police open a probe into presidential candidate Flávio Bolsonaro
Flávio Bolsonaro drops to 24%5%
The Supreme Court authorized a Federal Police probe into alleged defamatory statements by Flávio Bolsonaro. The legal pressure caused his market price to retreat from the low‑30s to the high‑20s.
Supreme Court authorizes investigation into Flávio Bolsonaro's defamatory statements
Flávio Bolsonaro drops to 29%6%
Brazil’s Supreme Court gave the go-ahead for federal police to investigate whether presidential candidate Flávio Bolsonaro made defamatory statements about President Lula, increasing legal pressure and causing his market price to retreat from the low 30s to high 20s.
Poll shows Lula narrowly ahead of Flávio Bolsonaro in potential runoff
Luiz Inácio Lula da Silva rises to 41%2%
A CNT/MDA poll showed Lula narrowly leading Flávio Bolsonaro in a potential runoff, reflecting a highly competitive race and contributing to market volatility.
CNT/MDA poll shows Lula narrowly ahead of Flávio Bolsonaro in runoff
Luiz Inácio Lula da Silva rises to 43%3%
A poll released on April 14, 2026, showed Lula narrowly leading Flávio Bolsonaro in a potential second round, causing minor fluctuations in market prices for both candidates.
Poll shows Lula and Flávio Bolsonaro tied before Brazil’s presidential election
Flávio Bolsonaro rises to 30%3%
A Datafolha poll showed incumbent Lula and challenger Flávio Bolsonaro tied in a head-to-head contest, reflecting a tightening race and causing market prices for both candidates to converge.
Poll shows Lula regaining lead over Flávio Bolsonaro in runoff scenario
Luiz Inácio Lula da Silva jumps to 44%6%
A poll by Quaest showed Lula leading Flávio Bolsonaro 44% to 38% in a simulated second-round runoff, helping Lula regain market confidence and stabilize his lead after months of narrowing margins.
Lula proposes 40‑hour week, ending 6‑day work scale
Luiz Inácio Lula da Silva jumps to 45%6%
President Lula sent a bill to end the 6×1 work‑scale and to cap weekly hours at 40. The labor‑friendly proposal lifted his standing among workers, nudging his market price up from 39 % (4 May) to 45 % (11 Jun).
Poll shows Lula and Flávio Bolsonaro tied in second-round runoff
A Datafolha poll indicated a dead heat between Lula and Flávio Bolsonaro at 45% and 46% respectively in a potential runoff, reflecting the intense polarization and competitiveness of the race at this stage.
Camilo Santana discusses expanded social‑program agenda
Santana’s brief press conference on social‑programs modestly raised his visibility, nudging his market price from 1 % to 1 % (stable) while keeping the field’s overall distribution intact.
Datafolha poll shows Lula and Flávio Bolsonaro statistically tied in runoff
Flávio Bolsonaro rises to 40%2%
An April 11, 2026 Datafolha poll showed Lula and Flávio Bolsonaro tied within the margin of error in a potential runoff, reflecting a highly competitive race and influencing market prices accordingly.
Polls show Flávio Bolsonaro closes gap with Lula to statistical tie
Flávio Bolsonaro surges to 38%20%
By April 2026, polls indicated that Flávio Bolsonaro had erased Lula's previous large runoff lead, signaling a highly competitive election and increasing market volatility for both candidates.
Datafolha poll shows Lula and Flávio Bolsonaro tied in runoff
Luiz Inácio Lula da Silva dips to 39%4%
A Datafolha poll showed Lula and Flávio Bolsonaro tied within the margin of error in a potential runoff, reflecting a highly competitive race and influencing market prices accordingly.
Brazil’s Supreme Court moves Bolsonaro to larger cell with outdoor area
Flávio Bolsonaro rises to 40%1%
The Supreme Court ordered Jair Bolsonaro's transfer to a larger cell with better conditions, reflecting ongoing legal and health considerations that kept Bolsonaro in the political spotlight but did not improve his electoral prospects.
Judge orders house arrest for ten convicted Bolsonaro allies
Flávio Bolsonaro dips to 35%3%
A judge ordered house arrest for ten Bolsonaro‑aligned convicts involved in the 2025 coup‑plot, signalling a crackdown on the Bolsonaro network. The decision was reported on 9 April and coincided with a short‑term dip in Flávio’s price from 38 % to 35 %, before his recovery later in the month.
Flávio Bolsonaro overtakes Lula in second-round runoff polls for the first time
Flávio Bolsonaro jumps to 30%12%
Polling data showed Senator Flávio Bolsonaro numerically overtaking President Lula in a simulated second-round runoff, indicating a tightening race and causing market adjustments reflecting increased competition.
Governor Ronaldo Caiado declares presidential run with PSD
Ronaldo Caiado rises to 9%4%
Caiado announced his candidacy for president after switching parties to the PSD. The announcement lifted his market price from 5 % on April 3 to 9 % on April 26, before a later decline to 3 % on June 2 as the race progressed.
Lula announces government bill to cut working hours without reducing salaries
Luiz Inácio Lula da Silva rises to 46%2%
President Lula announced a legislative proposal to reduce working hours without salary cuts, a key campaign plank aimed at appealing to workers ahead of the October election. This policy move was intended to bolster Lula's support among labor groups and influenced market perceptions of his campaign strength.
Brazil proposes bill to cut working hours without reducing salaries
Lula announced a key policy proposal to reduce working hours while maintaining salaries, reinforcing his platform and potentially appealing to voters concerned about labor conditions.
Ceará poll shows Lula at 50 % and Santana barely on the radar
Camilo Santana rises to 2%2%
A regional poll in Ceará released on 6 April gave Lula 50 % and placed Camilo Santana at 2 % nationally, causing a modest rise in Santana’s price from 0 % to 2 % over the next week.
Lula says Camilo Santana could run if needed
Camilo Santana rises to 4%3%
Lula hinted that Education Minister Camilo Santana could be a fallback presidential candidate, giving Santana a brief visibility bump that lifted his market price from 1 % (8 Jun) to 4 % (12 Jun).
Flávio Bolsonaro proposes constitutional amendment to end presidential re-election
Flávio Bolsonaro rises to 30%2%
Flávio Bolsonaro introduced a constitutional amendment proposal to end presidential re-election, aiming to broaden his support and reshape his image ahead of the election. The proposal was seen as a strategic move to reduce resistance among voters and political allies by signaling commitment to political change and distancing from dynastic politics.
Ronaldo Caiado resigns as governor to run for president
Ronaldo Caiado rises to 9%4%
Ronaldo Caiado resigned as governor of Goiás in early April 2026 to run for president as the Social Democratic Party candidate, causing his market price to rise from 5% to 9%. This move positioned him as a center-right alternative in the race.
Ronaldo Caiado backs coalition with left‑wing parties
Ronaldo Caiado dips to 2%3%
Former governor Ronaldo Caiado appeared on a talk‑show to endorse a coalition with the PT, which confused his base and led to a price drop from 5 % (31 Mar) to 2 % (3 Apr).
Education minister Camilo Santana confirms he will leave the ministry to run for office
Camilo Santana rises to 4%3%
The minister announced he would leave the Education Ministry by March to focus on the 2026 election, raising his visibility as a potential candidate. The announcement coincided with his price moving from 1 % (31 Mar) to 2 % (8 Apr) and later to 4 % (12 Jun).
São Paulo Governor Tarcísio de Freitas formally endorses Flávio Bolsonaro
Flávio Bolsonaro rises to 44%2%
Tarcísio de Freitas, São Paulo's popular former governor, formally endorsed Flávio Bolsonaro, providing him with institutional infrastructure and helping close a 23-point runoff deficit against Lula.
Lula confirms Geraldo Alckmin as running mate for 2026 election
Luiz Inácio Lula da Silva jumps to 55%7%
Incumbent President Luiz Inácio Lula da Silva confirmed that Vice President Geraldo Alckmin will again be his running mate in the 2026 presidential election, reinforcing campaign stability and contributing to a rebound in Lula's market position.
Bolsonaro briefly hospitalized after falling in prison
Flávio Bolsonaro dips to 40%4%
Bolsonaro was temporarily hospitalized for medical tests after a fall in prison, raising concerns about his health and affecting market perceptions of his and his son’s candidacies.
Ronaldo Caiado switches parties and announces presidential candidacy
Ronaldo Caiado rises to 9%4%
Ronaldo Caiado left Brazil Union to join the Social Democratic Party (PSD) and announced his presidential bid, causing his market price to rise from 5% to 9% before later declining.
Lula confirms Geraldo Alckmin as running mate for 2026 election
Luiz Inácio Lula da Silva rises to 55%3%
Lula announced Vice President Geraldo Alckmin will again be his running mate, reinforcing campaign stability and contributing to a rebound in Lula's market price from 52% to around 55%.
Luiz Inácio Lula da Silva confirms Vice President Geraldo Alckmin as running mate for 2026 election
Luiz Inácio Lula da Silva jumps to 51%10%
Incumbent President Lula announced that Vice President Geraldo Alckmin will run again as his running mate, reinforcing campaign stability and contributing to a rebound in Lula's market price to 51%.
Brazil Supreme Court orders Bolsonaro’s transfer to larger prison cell with outdoor area
Flávio Bolsonaro rises to 44%4%
The Supreme Court moved Bolsonaro to a more comfortable prison cell with outdoor access, addressing his health and detention conditions, which influenced market views on his ongoing political influence.
Fernando Haddad resigns as Finance Minister to run for São Paulo governor
Fernando Haddad rises to 4%1%
Fernando Haddad officially stepped down as Finance Minister to launch his campaign for governor of São Paulo, a move seen as positioning him for future political influence and affecting his presidential prospects.
Ronaldo Caiado Resigns as Governor of Goiás to Focus on Presidential Campaign
Ronaldo Caiado dips to 3%2%
Ronaldo Caiado stepped down as Governor of Goiás, transferring power to Daniel Vilela, in order to run as the Social Democratic Party's (PSD) official candidate for President of Brazil.
Ronaldo Caiado selected as PSD presidential candidate, resigns as Goiás governor
Ronaldo Caiado dips to 2%3%
Ronaldo Caiado was chosen as the Social Democratic Party's presidential candidate and resigned as governor of Goiás to run for president, causing a shift in his market price and consolidating his position as a center-right contender.
Ronaldo Caiado announces presidential bid as PSD candidate
Ronaldo Caiado dips to 2%3%
Ronaldo Caiado, governor of Goiás, officially announced his candidacy for president under the PSD party. Despite his political experience, his support remained low in polls and market prices during the analysis period.
Lula picks same running mate for re‑election bid
Luiz Inácio Lula da Silva jumps to 46%8%
President Lula announced that Vice‑President Geraldo Alckmin would run again as his running mate, reinforcing campaign stability. Traders rewarded the news, lifting Lula’s price from 38 % to 46 % by early May.
Governor Ronaldo Caiado resigns to launch presidential bid
Ronaldo Caiado dips to 3%2%
Caiado resigned as governor of Goiás to run for president, with vice‑governor Vilela assuming the governorship; the move was interpreted as a loss of state‑level incumbency advantage and saw Caiado’s price slip from 5 % to 3 % shortly thereafter.
Lula confirms Alckmin as running mate for 2026 election
Luiz Inácio Lula da Silva rises to 45%3%
President Lula confirmed that Vice‑President Geraldo Alckmin would once again be his running mate, cementing the incumbents’ ticket and giving the campaign a boost that pushed Lula’s market price from the low‑40 % range to the mid‑40 % range within a week.
Lula and Flávio Bolsonaro tied in simulated run‑off poll
Luiz Inácio Lula da Silva jumps to 51%6%
A BTG Pactual/Nexus poll released on 30 Mar showed Lula and Flávio tied in a simulated run‑off, reinforcing Lula’s lead and pushing his price up from 45 % (Mar 14) to 51 % (Mar 21).
Ronaldo Caiado officially launches presidential bid
Ronaldo Caiado dips to 2%3%
Ronaldo Caiado, governor of Goiás, announced his candidacy for president representing the Social Democratic Party (PSD), adding to the fragmentation of the right-wing opposition and impacting market perceptions of the race.
Banco Master scandal rattles Brazil’s political establishment
Flávio Bolsonaro drops to 33%10%
The arrest and investigation of banker Daniel Vorcaro for corruption and fraud linked to Banco Master triggered a major political scandal, implicating Flávio Bolsonaro in attempts to secure $24 million for a film about his father, damaging Bolsonaro's campaign and boosting Lula's position.
Poll shows Lula and Flávio Bolsonaro tied in simulated runoff
Flávio Bolsonaro jumps to 26%9%
A BTG Pactual/Nexus poll showed President Lula and Senator Flávio Bolsonaro tied in a simulated second-round runoff, indicating a highly competitive race and causing market adjustments reflecting increased uncertainty.
Ronaldo Caiado selected as PSD presidential candidate
The Social Democratic Party (PSD) chose Ronaldo Caiado as its presidential nominee for the 2026 election, consolidating his position and causing a modest market price increase reflecting his official candidacy.
PSD selects Governor Ronaldo Caiado as its 2026 presidential nominee
Ronaldo Caiado jumps to 13%8%
The PSD officially announced Ronaldo Caiado as its presidential candidate. The endorsement gave him a national platform and pushed his market share from 5 % (31 Mar) to 13 % (2 May), marking the first sizeable upward swing for a right‑wing governor in the analysis window.
Social Democratic Party selects Ronaldo Caiado as presidential candidate
Ronaldo Caiado rises to 8%3%
The PSD chose Ronaldo Caiado as its presidential nominee after internal deliberations, leading to his resignation as governor of Goiás and a market price rise from 5% to 8%.
Ronaldo Caiado selected as Social Democratic Party presidential candidate
Ronaldo Caiado rises to 7%2%
The PSD chose Ronaldo Caiado as its presidential nominee for the 2026 election, increasing his visibility and market price as a right-wing alternative candidate.
Ronaldo Caiado announces presidential pre-candidacy for PSD
Ronaldo Caiado rises to 9%4%
Governor Ronaldo Caiado left Brazil Union to join the Social Democratic Party (PSD) and announced his intention to run for president, positioning himself as a conservative alternative and causing his market price to rise from 5% to 9%.
Ronaldo Caiado joins PSD and becomes party's presidential candidate
Ronaldo Caiado rises to 3%2%
Ronaldo Caiado switched from Brazil Union to the Social Democratic Party (PSD) and was selected as its presidential nominee, gaining a national platform and causing his market price to rise from 1% to 3%. This move positioned him as a conservative alternative to Bolsonaro and Lula.
Ronaldo Caiado confirmed as PSD presidential candidate after party switch
Ronaldo Caiado rises to 5%4%
Ronaldo Caiado switched from Brazil Union to the Social Democratic Party (PSD) and was confirmed as its presidential candidate, causing a modest rise in his market price as he positioned himself as a conservative alternative.
PSD chooses Governor Ronaldo Caiado as 2026 presidential candidate
Ronaldo Caiado jumps to 13%8%
The PSD formally selected Governor Ronaldo Caiado as its presidential nominee, giving him a national platform and lifting his price from 5 % (Mar 31) to 13 % (May 2).
Ronaldo Caiado launches presidential bid as PSD candidate
Ronaldo Caiado rises to 9%4%
Governor Ronaldo Caiado of Goiás officially launched his presidential campaign as the Social Democratic Party (PSD) candidate, causing his market price to rise from 5% to 9%. He positioned himself as a center-right alternative, contributing to the fragmentation of the right-wing vote.
PSD selects Ronaldo Caiado as its 2026 presidential candidate
Ronaldo Caiado rises to 9%4%
The PSD officially nominated Governor Ronaldo Caiado as its presidential candidate. The nomination caused his price to climb from 5 % (31 Mar) to 9 % (1 Apr) before it later slipped back to 2 % by early June.
Ronaldo Caiado announces presidential candidacy for 2026
Ronaldo Caiado rises to 9%4%
Governor Ronaldo Caiado officially announced his candidacy for president, positioning himself as a center-right alternative and causing a rise in his market price from 5% to 9%.
Caiado confirmed as PSD’s presidential candidate
Ronaldo Caiado rises to 6%1%
Caiado officially switched to the PSD and was confirmed as its presidential candidate, causing a modest rise in his market price from 5 % to 6 % before settling at 1 % as the race tightened.
Goiás Governor Ronaldo Caiado launches PSD presidential bid
Ronaldo Caiado rises to 2%1%
Governor of Goiás Ronaldo Caiado officially launched his presidential bid as the PSD candidate, marking the entry of a third‑way contender and stabilising his market price at 2 % (it had been hovering around 1–2 % since March).
PSD confirms Ronaldo Caiado’s pre‑candidacy for the presidency
Ronaldo Caiado rises to 7%2%
PSD formally confirmed Ronaldo Caiado as its presidential nominee. The declaration added a new right‑wing contender and caused his market price to jump from 5 % on 31 Mar to 7 % on 1 Apr, beginning the upward trend that later peaked at 10 % before settling at 2 % by mid‑May.
Paraná Pesquisas Poll Shows Lula Leading Flávio Bolsonaro in First Round
Luiz Inácio Lula da Silva dips to 40%3%
A new poll by Paraná Pesquisas showed Lula leading the first-round matchups with 41.3% against Flávio Bolsonaro's 37.8%. The poll solidified Lula's position as the frontrunner and kept Flávio Bolsonaro highly competitive.
Poll shows Lula and Flávio Bolsonaro tied in tight race
Flávio Bolsonaro surges to 44%15%
A Nexus poll for BTG Pactual showed Lula and Flávio Bolsonaro tied at 46% each in a simulated second round, indicating a highly competitive race and causing market prices for Bolsonaro to peak at 44%.
Latest poll shows Lula and Flávio Bolsonaro tied in simulated runoff
A Nexus poll for BTG Pactual showed the tightest race yet with Lula and Flávio Bolsonaro tied at 46% each in a simulated second round, indicating a highly competitive election and impacting market prices accordingly.
Fernando Haddad resigns as finance minister to run for São Paulo governor
Fernando Haddad rises to 3%1%
Finance Minister Fernando Haddad resigned to launch a high-profile campaign for São Paulo governor, increasing his political profile and positioning him as a potential successor to Lula, slightly boosting his market price.
Lula and Flávio Bolsonaro in technical tie in run‑off simulation, Reuters
Flávio Bolsonaro rises to 30%2%
Another Reuters poll a month later again showed a technical tie in a simulated runoff, this time with Flávio ahead by a point. The market’s reaction was a small swing for Lula (+1 pt on 23 Mar) and a comparable rise for Flávio (+2 pts on 23 Mar).
Bloomberg poll shows Flávio Bolsonaro edging Lula
Flávio Bolsonaro rises to 26%4%
Bloomberg reported a poll in which Flávio briefly edged Lula, causing a short‑term rally that lifted his price from the low‑teens to the mid‑20s.
Flávio Bolsonaro edges ahead of Lula in new poll
Flávio Bolsonaro jumps to 24%8%
A poll released in late March showed Flávio Bolsonaro leading Lula da Silva for the first time in a second-round matchup, marking a significant shift in the race and causing Flávio's market price to rise sharply.
Poll shows Flávio Bolsonaro edging ahead of Lula in run-off scenario
Flávio Bolsonaro jumps to 40%10%
An AtlasIntel poll for Bloomberg News showed Flávio Bolsonaro slightly leading Lula in a run-off, reflecting his rising support and narrowing Lula's lead. This poll contributed to a rise in Bolsonaro's market price and a decline for Lula.
Datafolha poll shows Flávio Bolsonaro slightly ahead of Lula in runoff
Flávio Bolsonaro jumps to 25%9%
Datafolha poll indicated Flávio Bolsonaro leading Lula 46% to 45% in a runoff, marking the first time Bolsonaro numerically surpassed Lula, though within margin of error. This boosted Bolsonaro's market price and signaled a shift in voter sentiment.
Ratinho Jr. withdraws from PSD presidential nomination, clearing path for Caiado
Ronaldo Caiado rises to 9%4%
Paraná Governor Ratinho Jr. withdrew from the PSD presidential race, leaving Ronaldo Caiado and Eduardo Leite as main contenders. This cleared the way for Caiado to become the PSD nominee, boosting his candidacy.
Ronaldo Caiado confirmed as PSD presidential candidate
Ronaldo Caiado rises to 9%4%
Party leaders confirmed Caiado as the PSD candidate for president, raising his profile and market price from 5% to 9%. This positioned him as a center-right alternative in the race.
Social Democratic Party selects Ronaldo Caiado as presidential candidate
Ronaldo Caiado joined PSD and was confirmed as its presidential nominee, consolidating his position as a center-right alternative to Bolsonaro and Lula, which briefly increased his market support.
Caiado joins PSD and declares presidential bid
Ronaldo Caiado dips to 2%3%
Caiado announced his switch to the Social Democratic Party (PSD) and his intention to run for president, causing his price to fall from 5 % (Mar 31) to 2 % (Apr 4) as voters re‑allocated support to other right‑wing candidates.
Romeu Zema resigns as Minas Gerais governor to run for president
Romeu Zema rises to 3%2%
Romeu Zema resigned from his governorship to focus on his presidential campaign, marking his formal entry into the race and increasing his visibility as a right-wing candidate. His resignation also led to his vice, Mateus Simões, assuming the governorship, shifting political dynamics in Minas Gerais.
Governor Romeu Zema resigns to launch presidential campaign
Romeu Zema rises to 3%2%
Zema announced his resignation as governor of Minas Gerais to run for president, clearing the legal hurdle for candidacy. The move lifted his visibility and helped his price rise from 1 % to 3 % by the end of March, as the market rewarded his entry into the race.
Romeu Zema resigns as governor to run for president in 2026
Romeu Zema rises to 2%1%
Romeu Zema resigned from his position as governor of Minas Gerais to pursue the presidency, increasing his visibility and market price as a candidate from the Novo party.
Ronaldo Caiado resigns as Governor of Goiás to run for President
Ronaldo Caiado dips to 1%4%
Governor Ronaldo Caiado resigned from his position to pursue a presidential bid in the 2026 election, marking his official entry into the race and causing a decline in his market price as his campaign faced challenges.
Flávio Bolsonaro decries political persecution by Lula government
Flávio Bolsonaro rises to 28%3%
Flávio Bolsonaro publicly accused the Lula administration of political persecution against conservatives, framing his campaign as a fight against lawfare and promising to restore constitutional norms, which energized his base and increased his market support.
Finance Minister Fernando Haddad resigns to run for São Paulo governor
Fernando Haddad dips to 1%3%
Fernando Haddad announced his resignation as Brazil's finance minister to launch a campaign for governor of São Paulo, signaling he would not run for president. This caused his market price to fall from 4% to 1%, reflecting reduced presidential prospects.
Brazil’s finance minister Fernando Haddad resigns to run for São Paulo governor
Fernando Haddad dips to 1%3%
Finance Minister Fernando Haddad announced his resignation to run for São Paulo governor. The move removed him from presidential contention, causing his market price to fall from 4 % to 1 % within a week.
Finance Minister Fernando Haddad quits to run for São Paulo governor
Fernando Haddad rises to 6%4%
Haddad announced his resignation as finance minister to run for the São Paulo governorship. The move signaled a shift of his political focus and corresponded with a modest rise in his market price from 2 % to 6 % by early May.
Fernando Haddad announces run for São Paulo governor, stepping down as finance minister
Fernando Haddad dips to 1%1%
Fernando Haddad declared his candidacy for governor of São Paulo, reducing his presidential prospects and causing his market price to fall as traders reassessed his electoral relevance.
Fernando Haddad resigns as finance minister to run for São Paulo governor
Fernando Haddad dips to 2%2%
Fernando Haddad resigned as Brazil's finance minister to launch a campaign for São Paulo governor, reducing his chances in the presidential race and causing his market price to decline.
Fernando Haddad Steps Down as Finance Minister to Run for São Paulo Governor
Fernando Haddad dips to 1%2%
Finance Minister Fernando Haddad announced his resignation to focus on running for Governor of São Paulo in the 2026 elections. This effectively removed him from the presidential race, causing his odds to drop to near zero.
Fernando Haddad announces he will not run for president in 2026
Fernando Haddad dips to 1%3%
Finance Minister Fernando Haddad publicly confirmed he would not run for president in 2026, instead focusing on a gubernatorial campaign in São Paulo, causing his market price to fall sharply.
Brazil’s finance minister Haddad resigns to run for São Paulo governor
Fernando Haddad dips to 2%1%
Finance Minister Fernando Haddad resigned to run for governor of São Paulo. The move gave him visibility and raised his market price temporarily, but by 24 June his price had slipped back to 2 % as attention shifted to the two front‑runners.
Ronaldo Caiado officially launches presidential bid with PSD nomination
Ronaldo Caiado rises to 6%1%
Ronaldo Caiado, former governor of Goiás, officially launched his presidential campaign after switching to the Social Democratic Party (PSD) and securing its nomination, causing a modest rise in his market price as he positioned himself as a center-right alternative.
Former President Jair Bolsonaro undergoes double hernia surgery in prison
Flávio Bolsonaro jumps to 17%5%
Jair Bolsonaro underwent double hernia surgery while serving his 27-year prison sentence, temporarily affecting his health and political activity. This event coincided with a temporary increase in attention to Bolsonaro's condition and his son Flávio's candidacy.
Former President Bolsonaro undergoes double hernia surgery
Michelle Bolsonaro rises to 1%1%
Bolsonaro’s double‑hernia surgery, approved by Supreme Court Justice Alexandre de Moraes, kept the ex‑president in the public eye and sparked sympathy for his family, lifting Michelle Bolsonaro’s market share from 0 % to 1 % and slightly hurting Flávio’s odds as focus shifted to personal health.
Poll shows Lula and Flávio Bolsonaro tied at 41% in runoff scenario
A Genial/Quaest poll revealed a dead heat between Lula and Flávio Bolsonaro at 41% each in a potential runoff, highlighting the tight race and intensifying market focus on these two candidates as frontrunners.
Datafolha poll shows Lula and Flávio Bolsonaro statistically tied in runoff
Flávio Bolsonaro rises to 28%3%
Datafolha poll indicated Lula and Flávio Bolsonaro were statistically tied in a runoff scenario, reflecting the tightening race and contributing to market volatility and increased support for Bolsonaro.
Lula withdraws from Chile inauguration amid Flávio Bolsonaro's presence
Luiz Inácio Lula da Silva drops to 45%8%
Lula canceled his trip to Chile's presidential inauguration after it emerged that Flávio Bolsonaro would attend, a politically sensitive move reflecting the rivalry and Lula's attempt to avoid direct confrontation. This event highlighted Bolsonaro's rising prominence and affected market perceptions.
Lula and Flávio Bolsonaro tied 41‑41 % in runoff poll
Flávio Bolsonaro surges to 39%17%
A Genial/Quaest poll released on 11 Mar 2026 showed Lula and Flávio Bolsonaro dead‑locked at 41 % each in a possible runoff. The surprise parity lifted market confidence in Flávio, pushing his price from 22 % (30 Jan) to 39 % (11 Mar).
Poll shows Lula and Flávio Bolsonaro tied before Brazil’s presidential election
Flávio Bolsonaro surges to 39%23%
A Datafolha poll showed a tight race between incumbent Lula and challenger Flávio Bolsonaro, reflecting a neck-and-neck contest that tightened the market prices for both candidates.
Genial/Quaest poll shows Lula and Flávio Bolsonaro tied at 41% in runoff
Luiz Inácio Lula da Silva rises to 46%3%
A Genial/Quaest poll revealed Lula and Flávio Bolsonaro tied at 41% each in a potential runoff, confirming the highly competitive nature of the race and influencing market prices accordingly.
Genial/Quaest poll shows Lula and Flávio Bolsonaro tied at 41% in runoff
Flávio Bolsonaro jumps to 38%9%
A Genial/Quaest poll released in March showed Lula and Flávio Bolsonaro tied at 41% each in a potential runoff, confirming the tight race and contributing to market volatility and shifting probabilities between the two frontrunners.
Lula cancels Chile inauguration trip amid Flávio Bolsonaro's attendance
Luiz Inácio Lula da Silva dips to 44%2%
Lula withdrew from attending Chilean President José Antonio Kast's inauguration after it was revealed Flávio Bolsonaro would attend, reflecting political tensions and Lula's strategic avoidance of direct confrontation. This event underscored the rivalry and may have influenced market perceptions of the candidates' political positioning.
Scandal-tainted politicians seek return to Brazil’s electoral arena
Several controversial figures allied with Lula and the Workers’ Party, including José Dirceu, re-entered the political scene amid judicial reevaluations of past corruption scandals, signaling a complex political environment ahead of the 2026 election.
Datafolha poll shows Lula and Flávio Bolsonaro tied in runoff scenario
Flávio Bolsonaro jumps to 39%5%
A Datafolha poll indicated a technical tie between Lula and Flávio Bolsonaro in a potential second-round runoff, reflecting a tightening race and explaining convergence in market prices for both candidates.
Datafolha poll shows Lula and Flávio Bolsonaro dead‑heat in runoff scenario
Luiz Inácio Lula da Silva drops to 45%8%
A Reuters poll released on March 7 showed Lula at 46 % and Flávio Bolsonaro at 43 % in a simulated runoff, marking the first time the two candidates were statistically tied. The tie coincided with a sharp drop in Lula’s price from 53 % (Jan 6) to 45 % (Mar 14) and a rise in Flávio’s price from 15 % (Jan 6) to 36 % (Mar 10).
Michel Temer backs Ronaldo Caiado as strong 2026 presidential alternative
Ronaldo Caiado rises to 5%3%
Former president Michel Temer publicly endorsed Ronaldo Caiado as “an excellent alternative” for 2026, briefly lifting Caiado’s price from 2 % (Mar 31) to 5 % (Apr 4).
Datafolha poll shows Lula’s lead tightening against Flávio
Luiz Inácio Lula da Silva dips to 50%2%
Datafolha released a poll showing Lula’s first‑round lead narrowing, with Flávio gaining ground. The slide from 52 % to 50 % for Lula on 6 March coincided with a market dip, marking the beginning of a three‑point swing that continued through March.
AtlasIntel poll shows Flávio Bolsonaro drawing level with Lula in potential runoff
Flávio Bolsonaro jumps to 27%8%
An AtlasIntel survey for Bloomberg News showed Lula and Flávio Bolsonaro virtually tied in a simulated second-round vote, reflecting a significant shift in voter sentiment and market expectations.
Poll shows Flávio Bolsonaro drawing level with Lula in potential runoff
Flávio Bolsonaro jumps to 11%9%
An AtlasIntel survey for Bloomberg News showed Flávio Bolsonaro and Lula virtually tied in a simulated second-round vote, with Bolsonaro gaining significant market support as the race tightened. This poll was the first to show parity, boosting Bolsonaro's price sharply.
AtlasIntel poll shows Bolsonaro and Lula tied in Brazil runoff simulation
A Bloomberg News poll found Bolsonaro at 46.3% versus Lula at 46.2% in a simulated runoff, the first time the younger Bolsonaro surpassed Lula numerically, signaling a potential close contest.
AtlasIntel poll shows Bolsonaro and Lula tied in Brazil runoff at 46.3% vs 46.2%
Flávio Bolsonaro surges to 44%18%
A major poll showing the top two candidates tied in a simulated runoff for the October election caused significant market movement, with Bolsonaro's price rising sharply as he surpassed Lula numerically for the first time in a Datafolha poll.
Flávio Bolsonaro's support surges in polls
Flávio Bolsonaro surges to 30%15%
Flávio Bolsonaro's market price rose sharply to 30% by late February 2026, reflecting increased public support and visibility in the presidential race.
Bolsonaro undergoes double hernia surgery in prison hospital
Flávio Bolsonaro jumps to 14%13%
Former President Jair Bolsonaro underwent surgery while serving his prison sentence, highlighting his health issues and impacting perceptions of his political viability and that of his son Flávio Bolsonaro.
Lula and Flávio Bolsonaro tied in Brazil run‑off poll, Reuters reports
Luiz Inácio Lula da Silva dips to 52%1%
A Reuters‑cited AtlasIntel/Bloomberg poll put Lula and Flávio Bolsonaro in a technical tie for a runoff, erasing Lula’s early lead. The market responded with a drop for Lula from 53 % (1 Feb) to 52 % (10 Feb) and a rise for Flávio from 18 % (21 Jan) to 27 % (28 Jan).
Poll shows Lula and Flávio Bolsonaro tied in potential runoff
Flávio Bolsonaro rises to 29%2%
A poll released showed Luiz Inácio Lula da Silva and Flávio Bolsonaro tied within the margin of error in a potential runoff, reflecting a highly competitive race. This caused minor fluctuations in market prices for both candidates, with Flávio's price rising and Lula's slightly dipping.
Poll shows Lula and Flávio Bolsonaro tied in Brazil presidential run-off
A poll by AtlasIntel/Bloomberg showed incumbent President Luiz Inácio Lula da Silva and challenger Flávio Bolsonaro tied at 41% each in a potential run-off, reflecting a highly competitive race and influencing market prices to converge.
Poll shows Flávio Bolsonaro drawing level with Lula in potential runoff
Flávio Bolsonaro rises to 29%3%
An AtlasIntel poll showed Flávio Bolsonaro virtually tied with Lula in a simulated second-round vote, marking a significant gain for Bolsonaro and intensifying the election race, which influenced market perceptions of the election outcome.
Severe rains cause deadly floods in Minas Gerais, state of Romeu Zema
Romeu Zema rises to 3%1%
Heavy rains in Minas Gerais led to floods and landslides causing over 60 deaths and thousands displaced. Governor Romeu Zema declared a state of mourning and emergency, with federal aid mobilized, highlighting his leadership during the crisis and increasing his visibility.
Lula vetoes bill that could cut Bolsonaro’s prison term
Luiz Inácio Lula da Silva dips to 49%4%
President Lula vetoed a bill that would have reduced former President Bolsonaro’s 27‑year prison term. The move was framed as a stand against the 2023 coup attempt and was interpreted as bolstering Lula’s law‑and‑order image while hurting Flávio Bolsonaro’s prospects, pushing Lula’s market price down from 53 % to 49 % and Flávio’s up from 27 % to 30 % the next day.
Finance Minister Fernando Haddad announces resignation to run for São Paulo governor
Fernando Haddad plunges to 2%50%
Fernando Haddad declared his intention to leave the finance ministry to launch a high-profile campaign for São Paulo governor, reducing his presidential election odds and causing a sharp drop in his market price from over 50% to around 3%.
Lula announces Vice President Geraldo Alckmin as running mate for re-election
Luiz Inácio Lula da Silva jumps to 51%6%
Incumbent President Luiz Inácio Lula da Silva confirmed that Vice President Geraldo Alckmin will run again as his running mate in the 2026 election, reinforcing campaign stability and contributing to a market price rebound to 51%.
Opposition files legal complaints against Lula over Rio Carnival tribute
Luiz Inácio Lula da Silva dips to 52%1%
Brazilian opposition accused President Lula of illegal early campaigning funded by public money due to a Rio Carnival tribute, escalating political tensions and impacting Lula's campaign dynamics.
Flávio Bolsonaro reaches 29 % after releasing detailed policy platform
Flávio Bolsonaro rises to 29%3%
Flávio’s rollout of a concrete economic platform reassured voters, pushing his price upward during February.
Imprisoned former President Jair Bolsonaro backs son Flávio for presidency
Flávio Bolsonaro jumps to 15%13%
Jair Bolsonaro, from prison, publicly endorsed his son Flávio as the Liberal Party’s presidential candidate. The endorsement triggered an immediate surge in Flávio’s market price, climbing from 2 % on February 13 to 8 % on February 16, and eventually to 15 % by early March.
Flávio Bolsonaro announced as Liberal Party's presidential candidate
Flávio Bolsonaro jumps to 27%11%
Jair Bolsonaro appointed his son Flávio Bolsonaro as the Liberal Party's presidential candidate, significantly increasing Flávio's market support as he became the main challenger to Lula da Silva.
Poll shows Lula and Flávio Bolsonaro neck and neck in second round
Flávio Bolsonaro surges to 30%15%
A February poll indicated a tightening race with Lula and Flávio Bolsonaro statistically tied in a potential runoff, leading to increased market support for Bolsonaro and a decline for Lula.
AS/COA poll shows Flávio Bolsonaro narrowing on Lula
Flávio Bolsonaro jumps to 34%7%
The AS/COA poll tracker published on 11 Feb 2026 showed Flávio Bolsonaro closing the gap to Lula, with Flávio at 28 % and Lula at 38 %. The data coincides with Flávio’s price rise from 27 % (31 Jan) to 34 % (17 Feb).
Finance minister Haddad resigns to launch São Paulo governor bid
Fernando Haddad rises to 4%2%
Finance Minister Fernando Haddad resigned to run for governor of São Paulo, raising his personal profile and adding a new name to the election field. The announcement lifted Haddad’s market share from 2 % to 4 % and gave a modest bump to Lula’s odds as the administration signalled a broader coalition.
Bolsonaro undergoes double hernia surgery in prison hospital
Flávio Bolsonaro rises to 29%2%
Former President Jair Bolsonaro underwent double hernia surgery while serving his prison sentence, raising concerns about his health and impacting perceptions of his political viability and that of his family.
Poll shows Lula leading first-round but tighter runoff scenarios
A new survey by Instituto Ideia published by Canal Meio showed Lula leading in first-round scenarios but facing statistically tied runoff matchups against Bolsonaro-linked candidates, indicating a polarized electorate and tightening race. This contributed to market adjustments reflecting increased uncertainty about Lula's outright win.
Poll shows Lula leads first-round but faces tighter runoffs against Bolsonaro
A poll by Instituto Ideia showed Lula leading first-round scenarios but with narrow margins in runoff matchups against Flávio Bolsonaro, indicating a tightening race and increasing uncertainty in the market.
Lula considers adopting anti-establishment discourse for 2026 campaign
President Luiz Inácio Lula da Silva planned to shift his campaign message to focus on the financial elite and anti-establishment themes, aiming to energize his base and counter right-wing narratives. This strategic move helped stabilize his market position amid a tightening race.
Ceará Senate race turmoil as Camilo Santana auctions off state’s two Senate slots
Education Minister Camilo Santana's political maneuvers in Ceará complicated the local political landscape, signaling his potential future candidacy and affecting local support dynamics, but with limited direct impact on presidential market prices.
Flávio Bolsonaro announces presidential candidacy with father's endorsement
Flávio Bolsonaro jumps to 27%11%
Flávio Bolsonaro declared his candidacy for president with the formal endorsement of his father, former President Jair Bolsonaro, boosting his market price from 16% to 27% and positioning him as the main right-wing contender.
Renan Santos launches presidential pre-candidacy, gaining youth support
Renan Santos rises to 10%3%
Renan Santos, president of the Mission Party, announced his presidential pre-candidacy and gained significant traction among younger voters, causing his market price to rise from 7% to 10%.
Renan Santos makes surprising gains in latest party poll
Renan Santos rises to 7%2%
The Mission Party released new polling data showing Renan Santos capitalizing on voter dissatisfaction with established political forces, leading to a notable increase in his support. This contributed to his price rise in the market as a credible right-wing alternative.
Brazil’s finance minister Fernando Haddad resigns to run for Sao Paulo governor
Fernando Haddad plunges to 3%49%
Fernando Haddad resigned as Brazil’s finance minister to run for governor of Sao Paulo, reducing his chances in the presidential race and causing his market price to drop significantly from over 50% to around 3%.
President Lula to undergo cataract surgery on 30 January
Luiz Inácio Lula da Silva dips to 53%2%
Lula announced he would undergo cataract surgery on 30 January, an event that briefly shifted public attention and coincided with a small dip in his price from 55 % (Jan 6) to 53 % (Jan 13).
President Lula to have cataract surgery on Jan 30
Luiz Inácio Lula da Silva dips to 52%3%
The Planalto Palace announced Lula would undergo cataract surgery on January 30, a routine health update that reduced his perceived fitness for a fourth term and coincided with a 3‑point drop in his market price (from 55 % on Jan 6 to 52 % on Jan 21).
President Lula undergoes left‑eye cataract surgery
Luiz Inácio Lula da Silva dips to 53%2%
Lula underwent cataract surgery on his left eye; a brief hospital stay generated media coverage but had little measurable impact on his market price, which remained around 55 % before the procedure and 53 % a week later.
President Lula undergoes successful cataract surgery
Luiz Inácio Lula da Silva dips to 52%2%
President Luiz Inácio Lula da Silva had cataract surgery on his left eye, which was successful and allowed him to continue his campaign activities without health concerns. This medical update reassured supporters and maintained his market confidence around 54% to 52%.
Flávio Bolsonaro baptized again in the Jordan River amid campaign efforts
Flávio Bolsonaro underwent a symbolic baptism in the Jordan River, a move seen as an effort to strengthen his image and appeal to conservative and religious voters. This event coincided with continued polling gains and political consolidation.
Fernando Haddad resigns as Brazil’s finance minister to run for São Paulo governor
Fernando Haddad plunges to 3%49%
Finance Minister Fernando Haddad resigned to launch a high-profile campaign for São Paulo governor, signaling his political ambitions and potential as Lula’s successor, which affected his market support and Lula’s dynamics.
President Lula to have cataract surgery on 30 January
Luiz Inácio Lula da Silva dips to 51%2%
The president announced he would undergo cataract surgery on 30 January. The news was widely covered and led traders to view Lula as temporarily less active on the campaign trail, pulling his price from 53 % on 1 Jan to 51 % by 9 Jan, a dip that marked the earliest trough in the dataset.
Goiás Governor Ronaldo Caiado joins PSD, becomes party’s presidential hopeful
Ronaldo Caiado rises to 3%2%
Caiado announced his departure from Brazil Union and his registration with the Social Democratic Party (PSD), positioning himself as the PSD’s presidential candidate. The party switch gave him a national platform and lifted his market share from 1 % to 3 % before it fell back to 1 % later in May.
Brazil’s Supreme Court moves Bolsonaro to larger cell with outdoor area
Flávio Bolsonaro jumps to 25%7%
The Supreme Court ordered Bolsonaro's transfer to a larger cell with better conditions, reflecting ongoing judicial management of his incarceration and affecting public and market views on his status.
Ronaldo Caiado switches to PSD and launches presidential bid
Ronaldo Caiado rises to 7%2%
Governor Ronaldo Caiado left Brazil Union for PSD and was selected as PSD's presidential candidate, increasing his visibility and market price as a right-wing contender.
Lula backs Panama’s sovereignty and neutrality of the Panama Canal
Luiz Inácio Lula da Silva dips to 50%3%
Lula reiterated Brazil’s support for Panama’s sovereignty over the Panama Canal. The statement reminded markets of Lula’s active foreign‑policy agenda and coincided with a modest dip in his price from 53 % (27 Jan) to 50 % (5 Feb).
Ronaldo Caiado switches parties and announces presidential candidacy
Ronaldo Caiado rises to 9%4%
Goiás Governor Ronaldo Caiado left Brazil Union to join the Social Democratic Party (PSD) and announced his presidential candidacy. This move caused a shift in market support, with Caiado's price initially rising then falling as the right-wing field fragmented.
Ronaldo Caiado switches parties to PSD and declares presidential run
Governor Ronaldo Caiado left Brazil Union to join the Social Democratic Party (PSD) and announced his intention to run for president. This move was seen as an attempt to offer a non-Bolsonaro right-wing alternative and caused his market price to rise, despite losing Brazil Union's campaign resources.
Ronaldo Caiado switches parties to PSD, announces presidential bid
Ronaldo Caiado jumps to 15%10%
Governor Ronaldo Caiado left Brazil Union to join the Social Democratic Party (PSD) and announced his intention to run for president, positioning himself as a conservative alternative and causing his market price to rise.
Ronaldo Caiado considers leaving União Brasil to run for president
Caiado announced he might leave his party União Brasil to seek the presidency, negotiating with PSD, Podemos, and Republicanos. He advocated for multiple right-wing candidates to challenge Lula, impacting his market price positively.
Ronaldo Caiado switches to PSD and announces presidential bid
Ronaldo Caiado rises to 3%2%
Goiás Governor Ronaldo Caiado left Brazil Union to join the Social Democratic Party (PSD) and confirmed his presidential ambitions, causing a short-term rise in his market price as voters reassessed his viability.
Governor Ronaldo Caiado leaves Brazil Union for PSD, launches presidential bid
Ronaldo Caiado rises to 3%2%
Caiado announced his switch from Brazil Union to the Social Democratic Party (PSD) and confirmed his presidential ambitions. The party‑change news sparked a short‑term rise in his market price from 1 % (early Jan) to 3 % on 2 Feb, before the later decline to 2 % in late‑May, reflecting the volatile reaction of his base.
Poll shows Flávio Bolsonaro leading Lula in runoff for first time
Flávio Bolsonaro rises to 27%4%
A poll indicated Flávio Bolsonaro leading Lula in a potential runoff, marking a significant shift in voter sentiment and boosting market confidence in Flávio's chances. This contributed to a peak in Flávio's market price around this date.
Flávio Bolsonaro says his presidential bid is ‘irreversible’ after father’s endorsement
Flávio Bolsonaro jumps to 22%6%
Flávio Bolsonaro announced that his candidacy was “irreversible” after a meeting with his father, former President Jair Bolsonaro. The declaration spurred a market rally, raising Flávio’s price from 16 % (20 Jan) to 22 % (30 Jan).
São Paulo Governor Tarcísio de Freitas pledges support to Flávio Bolsonaro
Flávio Bolsonaro jumps to 27%9%
Governor Tarcísio de Freitas publicly committed to supporting Flávio Bolsonaro's presidential bid, reducing fragmentation on the right and strengthening Flávio's candidacy. This political endorsement helped sustain Flávio's rising market odds.
Flávio Bolsonaro announced as presidential candidate by his father Jair Bolsonaro
Flávio Bolsonaro jumps to 26%11%
Jair Bolsonaro appointed his son Flávio Bolsonaro as the Liberal Party's presidential candidate for the 2026 election, boosting Flávio's market price significantly as he became the main challenger to Lula.
Flávio Bolsonaro emerges as main challenger in Brazil presidential election poll
Flávio Bolsonaro jumps to 29%9%
Senator Flávio Bolsonaro gained ground on President Luiz Inácio Lula da Silva, solidifying his position as the main opposition candidate ahead of the October vote, causing his market price to rise sharply.
Poll shows Flávio Bolsonaro emerging as main challenger to Lula
Flávio Bolsonaro jumps to 28%12%
A Datafolha poll revealed a tight race between incumbent Lula and Flávio Bolsonaro, with both candidates polling around 45%, solidifying Flávio Bolsonaro's position as the main opposition candidate and impacting market prices.
Polls show Flávio Bolsonaro emerging as main challenger to Lula
Flávio Bolsonaro jumps to 25%9%
New polling data revealed Flávio Bolsonaro gaining ground on Lula, solidifying his position as the main opposition candidate. This polling shift caused a significant increase in Flávio Bolsonaro's market price from 16% to around 25%.
Education Minister Camilo Santana releases poor medical school performance data
Camilo Santana rises to 2%1%
Camilo Santana, Minister of Education, announced results of the first ENAMED exam showing poor performance in nearly one-third of Brazilian medical schools, emphasizing quality control and transparency. This raised Santana's national profile and slightly increased his market support from 1% to 2%.
Education Minister Camilo Santana flags poor performance at nearly one-third of medical schools
Camilo Santana, Minister of Education, released data showing poor performance in many medical schools, emphasizing quality control and transparency, which raised his political profile but had limited direct impact on presidential market prices.
Minister Camilo Santana releases poor medical school performance data
Camilo Santana rises to 2%1%
Education Minister Camilo Santana announced results of the ENAMED exam showing poor performance in nearly one-third of Brazilian medical schools, emphasizing quality control. This event raised his national profile but had limited direct impact on his presidential odds.
Minister of Education Camilo Santana releases critical medical school performance data
Camilo Santana, then Minister of Education, announced poor performance results for nearly one-third of Brazilian medical schools, highlighting issues in education quality. This event brought attention to Santana's role and may have influenced his market perception as a presidential candidate.
Fernando Haddad resigns as Finance Minister to run for São Paulo governor
Fernando Haddad plunges to 3%49%
Finance Minister Fernando Haddad resigned to launch a campaign for governor of São Paulo, effectively ending his presidential bid and causing a sharp drop in his market support from over 50% to around 3%.
Ministry of Education flags poor performance at nearly one-third of medical schools
Minister of Education Camilo Santana announced results of the first National Medical Training Assessment Exam (ENAMED), highlighting quality concerns in medical education. This event underscored Santana's role but did not significantly boost his presidential prospects, reflected in his low market support.
Finance Minister Fernando Haddad announces resignation to run for São Paulo governor
Fernando Haddad plunges to 3%49%
Fernando Haddad confirmed he would leave his role as Finance Minister to launch a campaign for governor of São Paulo, effectively ending his presidential bid and causing a sharp drop in his market price.
Brazil’s Supreme Court orders transfer of Jair Bolsonaro to prison with better conditions
Flávio Bolsonaro rises to 13%3%
The Supreme Court ordered Bolsonaro's transfer to a more comfortable prison cell, a development that influenced market perceptions of his incarceration status and indirectly affected Flávio Bolsonaro's campaign momentum.
Lula meets EU leaders in Rio to discuss Mercosur‑EU trade pact
Luiz Inácio Lula da Silva rises to 48%2%
President Lula met EU officials in Rio to discuss the EU‑Mercosur trade agreement. The high‑profile diplomatic win boosted Lula’s image and helped raise his market price from 48 % (early Jan) to 50 % by early Feb, contributing to the modest upward trend seen in his price curve.
Poll shows Lula leads but faces narrowing edge against Flávio Bolsonaro
Luiz Inácio Lula da Silva rises to 53%3%
A Genial/Quaest poll showed Lula leading Flávio Bolsonaro in first- and second-round scenarios but with a reduced margin, reflecting a competitive race and supporting Lula's market price stabilizing around 53%.
Jair Bolsonaro transferred to larger prison cell with better conditions
Brazil’s Supreme Court ordered the transfer of Jair Bolsonaro to a larger prison cell with outdoor area, reflecting ongoing legal and health considerations that influenced market perceptions of Bolsonaro's political future.
Jair Bolsonaro transferred to prison with better conditions by Supreme Court order
The Supreme Court ordered Jair Bolsonaro's transfer to a larger prison cell with better accommodations, reflecting ongoing legal and health considerations that kept Bolsonaro in the political spotlight but did not improve his electoral prospects.
Brazilian judge orders house arrest for 10 convicted in Bolsonaro coup plot
Flávio Bolsonaro rises to 18%3%
A judge issued house arrest orders for several Bolsonaro allies convicted in the coup plot, highlighting ongoing legal pressures on Bolsonaro's circle and influencing market perceptions of Bolsonaro's political viability.
Luiz Inácio Lula da Silva announces re-election campaign for 2026
Luiz Inácio Lula da Silva rises to 53%1%
Incumbent President Lula officially announced his bid for a fourth term, reinforcing his position as the frontrunner and stabilizing his market price around 52-53%. This announcement set the tone for the election and consolidated his base.
Lula undergoes cataract surgery
Luiz Inácio Lula da Silva dips to 52%3%
Lula disclosed that he underwent cataract surgery in Brasília, raising concerns about his health but also demonstrating his ability to continue campaigning. The market dipped 3 percentage points in the days that followed.
Michelle Bolsonaro backs Tarcísio de Freitas, hints at split with Flávio
Michelle Bolsonaro rises to 1%1%
Michelle Bolsonaro posted a video endorsing São Paulo Governor Tarcísio de Freitas and criticizing President Lula’s economic policy. The move was interpreted as a split with her son Flávio, signalling internal right‑wing rifts and nudging her own market price up from 0 % to 1 % (the smallest rise recorded).
Flávio Bolsonaro officially enters presidential race with Jair Bolsonaro's endorsement
Flávio Bolsonaro announced his candidacy for president with the formal endorsement of his father, former President Jair Bolsonaro, positioning himself as the main right-wing challenger to Lula. This announcement marked the start of his rise in the polls and increased market interest in his candidacy.
Poll shows Lula leads Flávio Bolsonaro and Tarcisio de Freitas ahead of 2026 election
Luiz Inácio Lula da Silva rises to 53%1%
A Quaest poll reaffirmed Lula's lead over Flávio Bolsonaro and other right-wing candidates, stabilizing Lula's market price and confirming his frontrunner status in the election race.
Poll shows Lula leading right-wing rivals including Flávio Bolsonaro
Luiz Inácio Lula da Silva rises to 53%1%
A January poll showed President Lula leading Senator Flávio Bolsonaro and other right-wing rivals in voting intentions for the 2026 election, reinforcing Lula's position as the frontrunner and influencing market prices accordingly.
Lula leads Flávio by nine points in Jan 2026 Quaest poll
Luiz Inácio Lula da Silva rises to 53%1%
A Reuters‑quoted Quaest poll released on 14 January showed Lula leading Flávio by 9 percentage points (40 % vs 31 %). The poll reinforced Lula’s lead and helped stabilize his market price around 53 %, ending the early‑year volatility.
Poll shows Lula leading Flávio Bolsonaro in early 2026 race
A Quaest poll showed President Lula leading Senator Flávio Bolsonaro in voting intentions, reinforcing Lula's frontrunner status early in the year and supporting his market price around 55%.
Lula maintains lead over Flavio Bolsonaro in new poll
Luiz Inácio Lula da Silva rises to 53%3%
A January poll confirmed President Lula's continued lead over Flavio Bolsonaro, with Lula holding around 44-45% support and Bolsonaro around 27-38%. This reinforced Lula's frontrunner status and showed Bolsonaro's growing but still trailing support.
Lula leads Flávio Bolsonaro in January 2026 poll
Luiz Inácio Lula da Silva rises to 52%2%
A Quaest poll commissioned by Genial on 14 Jan placed Lula at 36 % versus Flávio at 23 %, reinforcing Lula’s frontrunner status and nudging his price back up to 52 % from the low‑50s.
Lula leads Bolsonaro in Quaest poll ahead of 2026 election
Luiz Inácio Lula da Silva rises to 53%1%
A Quaest poll commissioned by Genial showed Lula leading Flávio Bolsonaro 45‑38 % in a simulated runoff. The clear lead lifted Lula’s market price from 52 % to 53 % in the following days, as traders priced in a stronger incumbency advantage.
Lula maintains lead as Flávio Bolsonaro consolidates opposition in polls
Flávio Bolsonaro jumps to 15%13%
A Genial/Quaest poll in January 2026 showed Lula maintaining a strong lead in first-round voting intentions, while Flávio Bolsonaro solidified his position as the main opposition candidate, with his price rising to 15%. This reflected growing recognition of Flávio's campaign and Lula's steady support.
Lula maintains lead over Flávio Bolsonaro in early 2026 poll
Luiz Inácio Lula da Silva dips to 52%4%
A January poll showed President Luiz Inácio Lula da Silva maintaining a lead over Senator Flávio Bolsonaro, reinforcing Lula's frontrunner status early in the election cycle. This helped keep Lula's market price relatively high at the start of the year.
Genial/Quaest Poll Shows Lula Maintaining Lead as Margins Narrow Slightly
A new Genial/Quaest poll showed President Lula maintaining his lead over right-wing rivals, though his margin over Flávio Bolsonaro narrowed slightly to 45%-38% in a runoff scenario.
Michelle Bolsonaro signals break with Flávio Bolsonaro
Michelle Bolsonaro rises to 1%1%
Former first lady Michelle Bolsonaro publicly shared a video endorsing São Paulo Governor Tarcísio de Freitas and criticizing Lula’s economic policy, signaling internal divisions within the Bolsonaro camp and affecting right-wing dynamics.
Lula leads early 2026 presidential polls over Flávio Bolsonaro
Luiz Inácio Lula da Silva dips to 53%3%
A January poll showed President Luiz Inácio Lula da Silva leading Senator Flávio Bolsonaro in voting intentions, supporting Lula's stable market price and Flávio's moderate position in the race.
Audio leak scandal damages Flávio Bolsonaro's campaign prospects
Flávio Bolsonaro drops to 15%5%
In May-June 2026, leaked audios of Flávio Bolsonaro soliciting funds from a banker under investigation caused a drop in his market price, reflecting eroded support and renewed doubts about his candidacy.
Renan Santos begins campaign tour in Pernambuco consolidating candidacy
Renan Santos rises to 6%1%
On January 9, 2026, Renan Santos started a political tour in Pernambuco to consolidate his presidential candidacy, which corresponded with a slight market price recovery after a steep decline.
Lula vetoes bill reducing Bolsonaro’s sentence
Fernando Haddad dips to 3%1%
President Lula vetoed a bill that would have reduced former President Jair Bolsonaro’s prison sentence. The hard‑line move boosted Lula’s odds and pushed Haddad’s price down from 4 % to 3 % as market participants saw the left‑wing coalition consolidating around Lula.
President Lula vetoes bill that could reduce Bolsonaro’s prison sentence
Luiz Inácio Lula da Silva dips to 50%3%
On the third anniversary of the 2023 riots, President Luiz Inácio Lula da Silva vetoed a bill that would have reduced Jair Bolsonaro's 27-year prison sentence for his failed coup attempt, reinforcing Bolsonaro's legal challenges and impacting perceptions of Bolsonaro's political viability.
Lula livestreams gym workouts to counter age concerns in 2026 campaign
Luiz Inácio Lula da Silva rises to 52%3%
Incumbent President Lula publicly shared his fitness routine to project vitality and counter perceptions of his advanced age, aiming to maintain voter confidence and campaign momentum.
Lula vetoes bill that could reduce Bolsonaro's prison time
Luiz Inácio Lula da Silva dips to 52%3%
President Luiz Inácio Lula da Silva vetoed a bill that would have reduced Jair Bolsonaro's 27-year prison sentence for his 2023 coup attempt, reinforcing Lula's tough stance on Bolsonaro and impacting Bolsonaro's political prospects negatively.
Brazil’s Lula vetoes bill that could reduce Bolsonaro’s prison time
President Lula vetoed a bill that would have reduced Bolsonaro's 27-year prison sentence for his coup attempt, reinforcing Bolsonaro's continued incarceration and diminishing any market optimism for his political comeback.
Flávio Bolsonaro announces presidential candidacy with Jair Bolsonaro's endorsement
Flávio Bolsonaro jumps to 23%6%
Flávio Bolsonaro officially declared his candidacy for the 2026 presidential election, backed by his imprisoned father Jair Bolsonaro. This announcement positioned him as the heir to the far-right movement, causing market ripples and a drop in Brazil's currency and stock index, reflecting uncertainty about his market-friendliness.
Flávio Bolsonaro to announce finance minister before election to signal pro-market agenda
Flávio Bolsonaro rises to 17%1%
Flávio Bolsonaro stated he would announce his finance minister before the 2026 election to reassure markets of a pro-market economic agenda, aiming to improve his viability as a candidate and gain market confidence.
Flávio Bolsonaro plans to announce finance minister before election
Flávio Bolsonaro jumps to 26%7%
Flávio Bolsonaro announced his intention to name a finance minister ahead of the election to signal a pro-market agenda, aiming to reassure investors and improve his campaign's credibility amid market skepticism.
Flávio Bolsonaro announces finance minister to signal pro-market agenda
Flávio Bolsonaro jumps to 20%5%
Flávio Bolsonaro declared he would announce his finance minister before the 2026 election to reassure markets of a pro-market economic policy, aiming to boost his candidacy's credibility. This move was intended to counter market skepticism and improve his standing against Lula and other candidates.
Flávio Bolsonaro announces plan to name finance minister before election
Flávio Bolsonaro jumps to 23%7%
Flávio Bolsonaro declared he would announce his finance minister before the 2026 election to signal a pro-market agenda, aiming to reassure investors and strengthen his candidacy. This move was intended to boost market confidence in his economic policies.
Flávio Bolsonaro Pledges Early Finance Minister Announcement to Reassure Markets
Flávio Bolsonaro dips to 17%1%
In an effort to calm financial markets and project a pro-market agenda, Flávio Bolsonaro announced he would name his finance minister before the election.
Flávio Bolsonaro to announce finance minister before election
Flávio Bolsonaro jumps to 27%11%
Flávio Bolsonaro announced plans to name his finance minister ahead of the 2026 election to signal a pro-market agenda, aiming to reassure investors and strengthen his candidacy against Lula. This move was intended to boost market confidence in his economic policies.
Central Bank keeps interest rates at 15%, slowing economic growth
Luiz Inácio Lula da Silva dips to 53%2%
The Banco Central do Brasil maintained high interest rates in January 2026, which contributed to economic deceleration and weighed against Lula's re-election prospects, reflected in a dip in his market price.
Finance Minister Fernando Haddad resigns to run for São Paulo governor
Fernando Haddad plunges to 5%47%
Fernando Haddad resigned as Brazil’s finance minister to launch a high-profile campaign for governor of São Paulo, reducing his presidential election odds as he shifted focus to state politics, which was reflected in a sharp decline in his market price.
Lula announces Vice President Geraldo Alckmin as running mate for re-election
Incumbent President Luiz Inácio Lula da Silva confirmed that Vice President Geraldo Alckmin would run again as his running mate in the 2026 election, solidifying his ticket and maintaining coalition stability, which helped stabilize his market position.
Bolsonaro returns to jail after hernia surgery in Brasilia
Flávio Bolsonaro jumps to 15%5%
After undergoing double hernia surgery, Bolsonaro was released from hospital and returned to jail, maintaining his incarceration status and limiting his political activity, which influenced market perceptions and kept his family's candidacies under scrutiny.
Renan Santos’ poll share collapses after poor debate performance
Renan Santos plunges to 6%44%
A televised debate in late December highlighted Santos’ lack of national recognition, causing his price to tumble from 50 % to single‑digit levels.
Flávio Bolsonaro faces challenges due to family unpopularity
Flávio Bolsonaro dips to 18%3%
Polls showed 70% of independent voters rejecting any Bolsonaro family member, limiting Flávio Bolsonaro's appeal despite his moderate positioning, causing market volatility in his support around late December.
Real slides as polls lift Flávio Bolsonaro’s election odds
Flávio Bolsonaro jumps to 23%11%
A Bloomberg report on the Brazilian real’s weakening after a poll showing Flávio gaining ground sparked a rapid price jump for Flávio from 12 % to 23 % on 28 Dec, the highest level in the analysis window.
Flávio Bolsonaro's presidential candidacy gains momentum in polls
Flávio Bolsonaro jumps to 10%9%
Following the announcement of his candidacy, Flávio Bolsonaro's market probability surged from 1% to 10%, reflecting increased public and political attention on his campaign as a serious contender against Lula.
Jair Bolsonaro undergoes double hernia surgery in prison hospital
Michelle Bolsonaro drops to 1%10%
Bolsonaro underwent a successful double hernia surgery, temporarily affecting his political activity and public perception. His health issues and imprisonment status contributed to market uncertainty, impacting his and related candidates' probabilities.
Brazil’s Supreme Court moves Jair Bolsonaro to larger prison cell with outdoor area
Flávio Bolsonaro jumps to 13%12%
The Supreme Court ordered Bolsonaro's transfer to a more comfortable prison cell with better facilities, which was part of ongoing legal and health developments affecting his political viability and indirectly influencing market perceptions of his and his family's electoral prospects.
Supreme Electoral Tribunal extends deadline for candidate registration to December 26, 2025
The TSE extended the deadline for candidate registration for subnational elections, impacting the overall electoral calendar and candidate confirmations. This procedural update likely contributed to some market stabilization and minor price adjustments as candidates finalized their registrations.
Jailed Jair Bolsonaro Formally Endorses Son Flávio in Handwritten Letter
Flávio Bolsonaro rises to 20%3%
From a hospital in Brasilia, jailed former President Jair Bolsonaro formally endorsed his son Flávio's 2026 presidential bid in a handwritten letter, removing lingering doubts about his backing.
Jailed Jair Bolsonaro endorses son Flávio Bolsonaro's presidential bid during hospital stay
Flávio Bolsonaro jumps to 15%5%
While undergoing surgery, Jair Bolsonaro formally endorsed his son Flávio's 2026 presidential campaign, reinforcing Flávio's position as the far-right candidate and contributing to his market price increase.
Jair Bolsonaro appoints son Flávio Bolsonaro as presidential candidate
Flávio Bolsonaro jumps to 10%9%
Former President Jair Bolsonaro wrote a letter appointing his son Flávio Bolsonaro as the Liberal Party's presidential candidate for the 2026 election, signaling a direct challenge to incumbent Lula and boosting Flávio's market probability from near zero to double digits.
Jair Bolsonaro confirms Flávio Bolsonaro as presidential pre-candidate in letter
Flávio Bolsonaro jumps to 17%7%
Jair Bolsonaro publicly confirmed in a letter that he officially endorses his son Flávio Bolsonaro as the pre-candidate for president in 2026, reinforcing Flávio's legitimacy and market position.
Flávio Bolsonaro announced as presidential candidate by his father Jair Bolsonaro
Flávio Bolsonaro jumps to 12%11%
Former President Jair Bolsonaro appointed his son Flávio Bolsonaro as the presidential candidate for their party, boosting Flávio's profile and causing a significant rise in his market price from near 1% to over 12%. This announcement positioned Flávio as a main challenger to Lula.
Jair Bolsonaro formally nominates Flávio Bolsonaro as 2026 presidential pre-candidate in public letter
Flávio Bolsonaro jumps to 17%6%
Jair Bolsonaro issued a public letter nominating his son Flávio Bolsonaro as the pre-candidate for president, solidifying Flávio's position and boosting his market support further.
Jair Bolsonaro endorses son Flávio's presidential bid from hospital
Flávio Bolsonaro jumps to 20%7%
Former President Jair Bolsonaro publicly endorsed Flávio Bolsonaro's 2026 presidential campaign from a hospital, further boosting Flávio's market price and consolidating his position as the right-wing candidate.
Renan Santos launches presidential campaign with anti-corruption platform
Renan Santos, leader of the newly formed Mission Party, announced his presidential candidacy focusing on fighting corruption and organized crime. His campaign attracted some attention but did not significantly move his market price, which remained around 6%.
Revelations about Renan Santos' controversial past emerge
Renan Santos plunges to 6%44%
On December 24, 2025, reports surfaced detailing Renan Santos' nebulous past, which contributed to a significant drop in his market price from around 50% to under 10%, reflecting diminished electoral prospects.
Michelle Bolsonaro delivers Christmas speech hinting at political renewal amid family tensions
Michelle Bolsonaro plunges to 0%52%
Former First Lady Michelle Bolsonaro gave a Christmas speech referencing betrayals and renewal, followed by public tensions with stepsons, leading to a collapse in her market price from 52% to near 0%.
Flávio Bolsonaro pledges moderate campaign with market-friendly policies
Flávio Bolsonaro jumps to 14%5%
Flávio Bolsonaro outlined plans for a presidential campaign focused on moderation of his family's legacy, smaller government, tax cuts, and privatizations. This positioning aimed to appeal to business leaders and moderate conservatives, supporting his rising market price.
Datafolha poll gives Lula 9‑point lead over Flávio after scandal
Flávio Bolsonaro drops to 26%5%
A Datafolha poll on 22 May showed Lula extending his lead to 9 pp (40 % vs 31 % for Flávio) after the “Dark Horse” scandal, maintaining Flávio’s price around the low‑20 % range.
President Lula warns against armed intervention in Venezuela
President Luiz Inácio Lula da Silva warned that a U.S. armed intervention in Venezuela would be a humanitarian catastrophe, emphasizing regional sovereignty. This statement reinforced Lula's foreign policy profile but had limited direct effect on election odds.
President Lula warns against US armed intervention in Venezuela at Mercosur summit
Luiz Inácio Lula da Silva dips to 53%2%
President Luiz Inácio Lula da Silva warned that a US military intervention in Venezuela would be a humanitarian catastrophe, emphasizing regional sovereignty and impacting his political image positively among leftist voters.
Jair Bolsonaro undergoes double hernia surgery and returns to prison
Flávio Bolsonaro surges to 27%15%
Bolsonaro’s health episode kept him out of the public eye, limiting his campaign impact and shifting attention to his son Flávio, whose price continued to rise.
Michelle Bolsonaro’s public support drops after husband’s surgery
Michelle Bolsonaro plunges to 1%51%
With Jair Bolsonaro’s limited visibility, Michelle Bolsonaro’s own political relevance faded sharply, reflected in a plunge of her market price to near‑zero.
Supreme Court permits probe into Flávio Bolsonaro for alleged defamation
Flávio Bolsonaro jumps to 13%12%
Brazil’s Supreme Court allowed a probe into Flávio Bolsonaro for alleged defamation of President Lula, causing his market price to jump from 1 % to 13 % later in December as the controversy raised his visibility.
Bolsonaro endorses Flávio Bolsonaro as 2026 presidential candidate
Flávio Bolsonaro jumps to 18%8%
From a hospital bed, former President Jair Bolsonaro formally endorsed his son Flávio Bolsonaro for the 2026 presidential election, solidifying Flávio's position as the main right-wing candidate and boosting his market price.
Flávio Bolsonaro declares pre‑candidacy with father’s backing
Flávio Bolsonaro jumps to 10%9%
In a televised interview, Senator Flávio Bolsonaro announced his official pre‑candidacy with his father’s endorsement, sparking a rapid rise in his market price from 1 % to 10 % within a week.
Jair Bolsonaro endorses son Flávio for 2026 presidency
Flávio Bolsonaro jumps to 12%10%
Former President Jair Bolsonaro publicly endorsed his son Flávio as the right‑wing candidate. The endorsement lifted Flávio’s odds dramatically, lifting his price from 2 % to 12 % between 29 Nov and 7 Dec 2025.
Right-wing fragmentation opens space for Renan Santos candidacy
Renan Santos rises to 8%2%
Political analysts noted that Flávio Bolsonaro's unpopularity and right-wing fragmentation created an opening for Renan Santos, boosting his candidacy and market price amid concerns about opposition unity against Lula.
Right-wing opposition fragmented despite Bolsonaro endorsement
Despite Jair Bolsonaro's endorsement of Flávio Bolsonaro, the right-wing opposition remained fragmented with lukewarm support for Flávio from other politicians and family members, emboldening other right-wing presidential hopefuls and causing market uncertainty.
Fragmentation on Brazil's right opens space for Renan Santos as alternative
Renan Santos rises to 7%3%
Reports highlighted the fragmented right-wing opposition with lukewarm support for Flávio Bolsonaro, boosting interest in Renan Santos as an anti-corruption candidate, reflected in his market price rising from 4% to 7%.
Bolsonaro surname seen as liability; Renan Santos gains right-wing support
Renan Santos jumps to 10%5%
Reports highlighted the unpopularity of the Bolsonaro family name, with many voters rejecting candidates supported by Jair Bolsonaro. This environment opened space for Renan Santos, a young right-wing candidate, to gain traction, especially among younger voters, reflected in his rising market price.
Right-wing fragmentation grows as Flávio Bolsonaro faces lukewarm support
Flávio Bolsonaro drops to 9%5%
On December 19, 2025, reports highlighted the fragmented right-wing opposition with other candidates like Renan Santos gaining attention amid lukewarm support for Flávio Bolsonaro, contributing to his price volatility.
Bolsonaro's endorsement of Flávio fails to unite Brazil's right, opening space for Renan Santos
Renan Santos plunges to 6%44%
Jair Bolsonaro's backing of his son Flávio caused division within the right-wing, leading to increased support for Renan Santos as an anti-corruption alternative, reflected in Renan's market price decline and volatility.
Right-wing fragmentation as Bolsonaro endorsement fails to unite opposition
Flávio Bolsonaro jumps to 10%8%
Following Jair Bolsonaro's endorsement of Flávio Bolsonaro, right-wing leaders expressed skepticism and fragmentation increased, with other candidates like Renan Santos gaining attention. This dynamic affected Flávio Bolsonaro's polling ceiling and market prices.
Right-wing fragmentation as Flávio Bolsonaro struggles to unite Brazil's right
Renan Santos plunges to 6%44%
Reports highlighted the lukewarm response to Flávio Bolsonaro's candidacy among right-wing politicians and voters, leading to fragmentation and a collapse in support for Renan Santos from 50% to under 10%, reflecting market price drops.
Right-wing fragmentation after Flávio Bolsonaro's candidacy announcement
Jair Bolsonaro plunges to 1%35%
Following Flávio Bolsonaro's announcement as the chosen candidate by Jair Bolsonaro, the right-wing political bloc showed signs of fragmentation and lukewarm support, impacting Jair Bolsonaro's market price which fell sharply to near 1%.
Atlas/Bloomberg poll puts Lula ahead of Flávio in both rounds
Luiz Inácio Lula da Silva jumps to 55%10%
An Atlas/Bloomberg poll released on 19 May showed Lula leading both rounds with 47 % (first) and 48.9 % (second) against Flávio, pushing his market price from 45 % to 55 % by 15 June.
Right-wing fragmentation as Flávio Bolsonaro faces resistance within his own camp
Flávio Bolsonaro dips to 15%3%
Despite Jair Bolsonaro's endorsement, Flávio Bolsonaro faced lukewarm support and resistance from other right-wing politicians and family members, causing volatility in his market price.
Fragmentation of Brazil's right-wing opposition emerges amid lukewarm support for Flávio Bolsonaro
Flávio Bolsonaro dips to 15%4%
Reports highlighted the fragmented right-wing opposition and lukewarm response to Flávio Bolsonaro's candidacy, which contributed to market uncertainty and volatility around his price.
Right-wing opposition fragmentation emerges amid lukewarm response to Flávio Bolsonaro
Renan Santos jumps to 10%5%
Despite Flávio Bolsonaro's candidacy, the right-wing opposition remained fragmented with other figures like Renan Santos gaining attention. This fragmentation was reflected in the market by a rise in Renan Santos's price from 5% to 10% in early December and a continued increase in Flávio Bolsonaro's price, indicating uncertainty and competition within the conservative bloc.
Finance Minister Fernando Haddad confirms he will not run for president in 2026
Fernando Haddad dips to 1%3%
Haddad announced he would not seek the presidency and instead focus on a gubernatorial campaign, causing his market price to drop sharply from 4% to 1%.
Finance Minister Fernando Haddad announces he will leave government and not run for president
Fernando Haddad plunges to 2%50%
On December 18, 2025, Finance Minister Fernando Haddad confirmed he would leave his post to support Lula's campaign and ruled out running for president, causing his market price to plummet from over 50% to near 2%.
Finance Minister Fernando Haddad rules out 2026 presidential run
Fernando Haddad plunges to 2%50%
Fernando Haddad, a prominent figure speculated to run, confirmed he would not run for public office in 2026 and would instead support Lula's campaign, leading to a sharp decline in his market price from over 50% to around 2%.
Fernando Haddad confirms he will not run for president, focusing on São Paulo governor race
Fernando Haddad plunges to 2%50%
On December 18, 2025, Finance Minister Fernando Haddad announced he would not run for president in 2026, instead launching a campaign for São Paulo governor, causing his market price to drop from 52% to 2%.
Fernando Haddad announces he will not run for office in 2026 and plans to leave Ministry of Finance
Fernando Haddad plunges to 2%50%
Fernando Haddad declared he does not intend to run for any office in 2026 and plans to leave his position as Minister of Finance to support Lula's re-election campaign. This announcement led to a sharp decline in his market price as a presidential candidate.
Finance Minister Haddad to leave government in February
Fernando Haddad dips to 2%2%
Agência Brasil reported on 18 Dec 2025 that Finance Minister Fernando Haddad announced he would leave the government in February, confirming he would not run for president. The news coincided with a drop in his market price from 4 % to 2 % by early January 2026.
Finance Minister Haddad says he will not run in 2026 elections
Fernando Haddad plunges to 2%50%
Finance Minister Fernando Haddad announced he will not run for any office in 2026, dampening expectations of his candidacy and driving his market price down from 52 % to 2 % by early January 2026.
Poll shows Lula leads Flávio Bolsonaro and others in 2026 race
Luiz Inácio Lula da Silva rises to 52%4%
A December 17-18 poll by Genial/Quaest showed Lula leading all first- and second-round scenarios, including against Flávio Bolsonaro, supporting Lula's market price stability and Flávio's rise.
Poll shows Lula far ahead of Flavio Bolsonaro in 2026 race
Luiz Inácio Lula da Silva rises to 50%2%
A December poll showed President Luiz Inácio Lula da Silva leading significantly over Flávio Bolsonaro, reinforcing Lula's position as the frontrunner despite Bolsonaro's rising candidacy. This helped stabilize Lula's market price while highlighting the competitive challenge from Bolsonaro.
Renan Santos gains attention as MBL's presidential candidate for 2026
Renan Santos plunges to 7%43%
Renan Santos, leader of the Movimento Brasil Livre (MBL), was confirmed as the presidential candidate for the newly authorized Partido Missão, gaining some support especially among younger voters, reflected in his initial market price.
Lula confirms bid for a historic fourth presidential term
Luiz Inácio Lula da Silva jumps to 53%5%
President Lula publicly confirmed that he will run for a fourth, non‑consecutive term. The announcement gave the incumbent a clear lead in the market, pushing his price from 48 % to 53 % by early January 2026.
Finance Minister Haddad to resign in February, ending presidential speculation
Fernando Haddad plunges to 3%49%
Finance Minister Fernando Haddad announced he would leave the government in February 2026 to help Lula’s campaign, effectively ending his presidential bid. Traders cut Haddad’s price from around 52 % on 18 Sept to 3 % by 1 Oct, reflecting the market’s reaction to his exit from the race.
Bloomberg poll: Lula far ahead of Flávio Bolsonaro
Luiz Inácio Lula da Silva jumps to 60%10%
A Bloomberg poll released on 18 December showed Lula ahead of Flávio by a large margin, reinforcing his lead and nudging his market price up from 50 % to a peak of 60 % early November.
Finance Minister Haddad announces he will leave government to support Lula's campaign
Fernando Haddad plunges to 2%50%
Fernando Haddad declared he would leave his finance minister post in February 2026 to help Lula's reelection campaign, effectively ending his own presidential bid and causing his market price to plummet from 52% to 2%.
Finance Minister Fernando Haddad reaffirms he will not run for public office in 2026
Fernando Haddad plunges to 2%50%
Fernando Haddad publicly confirmed he will not run for president or any public office in 2026, focusing instead on supporting Lula's campaign, causing his market price to fall from 52% to around 2%.
Finance Minister Haddad rules out 2026 presidential bid
Fernando Haddad plunges to 3%49%
Finance Minister Fernando Haddad reiterated he will not run for president in 2026. Traders cut Haddad’s market price from roughly 52 % at launch to 3 % by early January.
AtlasIntel Poll Shows Renan Santos Gaining Ground Among Gen Z Voters
Renan Santos rises to 8%1%
An AtlasIntel/Bloomberg poll showed right-wing activist Renan Santos polling in second place among voters aged 16 to 24, boosting his profile as a potential alternative right-wing candidate.
Fernando Haddad announces plan to leave Ministry of Finance to support Lula's campaign
Fernando Haddad plunges to 2%50%
Minister of Finance Fernando Haddad confirmed he would leave his post by February 2026 to collaborate on President Lula's re-election campaign, which slightly affected his market price dropping from 52% to 2%.
Poll shows Lula leads first- and second-round scenarios with Flávio Bolsonaro second
Luiz Inácio Lula da Silva jumps to 56%6%
A Genial/Quaest poll released on December 17, 2025, showed Lula leading with 46% in a runoff against Flávio Bolsonaro's 36%, reinforcing Lula's frontrunner status and Flávio's rise as main challenger.
Quaest poll jolts markets over Flávio Bolsonaro run
A poll showed Flávio Bolsonaro gaining support, but also indicated losses for Michelle Bolsonaro and Tarcísio de Freitas, causing market adjustments and reflecting internal right-wing tensions.
Lula leads first‑ and second‑round scenarios in 2026 poll
Luiz Inácio Lula da Silva rises to 59%3%
A Valor International poll released on 2025‑12‑17 showed Lula leading both first‑round and runoff scenarios, reinforcing his market price at 59 % on 2025‑11‑03 and keeping it above 50 % throughout December.
Genial/Quaest poll tests Flávio Bolsonaro for the first time
Flávio Bolsonaro jumps to 18%7%
Following his official pre-candidacy announcement, a Genial/Quaest poll showed Flávio Bolsonaro ranking second behind Lula, consolidating his position as the primary right-wing challenger.
Datafolha poll shows voters reject Bolsonaro‑backed candidate
Flávio Bolsonaro drops to 10%10%
A Datafolha poll conducted days after the endorsement showed the majority of voters would not vote for a candidate backed by Jair Bolsonaro, dampening Flávio’s momentum and causing his price to fall sharply.
Poll shows Lula and Flávio Bolsonaro tied, jolting markets
Flávio Bolsonaro jumps to 15%13%
A Quaest poll showed Luiz Inácio Lula da Silva and Flávio Bolsonaro tied in a potential runoff, causing market volatility and a rise in Flávio's market price as the race tightened.
Datafolha poll puts Lula ahead, markets slump on fiscal‑risk fears
Luiz Inácio Lula da Silva drops to 42%13%
A Datafolha poll released on 16 Dec 2025 showed Lula ahead of all rivals. The market interpreted the poll as a signal that Lula’s fiscal agenda could tighten, causing his price to fall from 55 % to 42 % in two days.
Poll shows Lula leading, causing market jitters and asset sell-off
Luiz Inácio Lula da Silva drops to 48%11%
A poll published on December 16, 2025, showed President Lula ahead in the election, which led to a slump in Brazilian markets as investors grew wary of the economic outlook under his continued leadership.
Fragmentation in Brazil's right-wing as Flávio Bolsonaro gains mixed support
Flávio Bolsonaro surges to 18%17%
Despite Flávio Bolsonaro's candidacy and family backing, other right-wing figures hesitated to unite behind him, causing market volatility and a gradual rise in his price from 1% to 18% by late December.
Quaest poll shows Flávio Bolsonaro gaining ground, jolting markets
Flávio Bolsonaro jumps to 18%8%
A poll revealed Flávio Bolsonaro's rising support, causing market volatility with stock declines and currency gains as investors reassessed his chances against Lula. The poll also indicated high rejection rates for Bolsonaro, suggesting uncertainty about his candidacy's viability.
Genial/Quaest Poll Shows Lula Leading Flávio Bolsonaro in Runoff Scenarios
Luiz Inácio Lula da Silva rises to 50%4%
A newly released Genial/Quaest poll showed President Lula leading Flávio Bolsonaro 46% to 36% in a hypothetical second-round matchup, highlighting the challenges facing the Bolsonaro family's bid.
Jair Bolsonaro endorses son Flávio's presidential bid from hospital
Flávio Bolsonaro jumps to 14%12%
On December 16, 2025, imprisoned former President Jair Bolsonaro publicly endorsed his son Flávio Bolsonaro's presidential campaign, consolidating Flávio's position as the right-wing candidate and driving his market price higher.
Markets react negatively to Lula's lead in election polls
Luiz Inácio Lula da Silva dips to 48%1%
A poll showing President Luiz Inácio Lula da Silva ahead in the 2026 election caused Brazilian markets to slump, reflecting investor wariness about Lula's economic policies and the election outlook. This event coincided with Flávio Bolsonaro's candidacy announcement, influencing market sentiment.
Poll shows Lula leads first- and second-round scenarios for 2026 election
Luiz Inácio Lula da Silva rises to 50%2%
A Genial/Quaest poll released mid-December showed President Lula leading in both first and second-round scenarios against Flávio Bolsonaro and other candidates. Lula's strong polling supported his market price around 48-50%, reinforcing his frontrunner status.
Flávio Bolsonaro officially announces presidential pre-candidacy
Flávio Bolsonaro surges to 20%19%
Flávio Bolsonaro, son of the imprisoned former president, announced his pre-candidacy for president, mobilizing the Liberal Party's evangelical and rural networks, which led to a significant rise in his market price from 1% to 20%.
Flávio Bolsonaro ramps up campaign after father returns to prison
Flávio Bolsonaro jumps to 16%8%
Following Jair Bolsonaro’s return to prison after his hernia operation, Flávio Bolsonaro campaigned actively on television, further raising his profile and pushing his probability up to 16 % by late December.
Flávio Bolsonaro re‑asserts run despite ‘price’ controversy
Flávio Bolsonaro surges to 16%15%
Flávio Bolsonaro publicly re‑affirmed his candidacy after criticism for allegedly suggesting a “price” to exit the race. The statement slowed his price decline, keeping it around 16 % through January 2026.
Flávio Bolsonaro retracts suggestion of a 'price' to end 2026 election bid
Flávio Bolsonaro rises to 16%2%
Flávio Bolsonaro reaffirmed his commitment to run despite earlier comments about possibly exiting the race for a price, stabilizing his market position temporarily.
Intercept Brasil Exposes São Paulo Wi-Fi Contract Scandal Linked to Executive Producer
Flávio Bolsonaro jumps to 18%6%
An investigative report revealed a R$108 million contract between the City Hall of São Paulo and an NGO owned by an executive producer of the film 'Dark Horse', triggering complaints and investigations. This scandal created volatility in the conservative camp and affected Flávio Bolsonaro's momentum.
Flávio Bolsonaro re‑affirms candidacy after price‑talk controversy
Flávio Bolsonaro rises to 12%3%
Flávio Bolsonaro re‑affirmed his commitment to stay in the race after critics accused him of “putting a price” on his candidacy; the clarification halted a brief price drop and sent his market price back up to about 12 %.
Flávio Bolsonaro retracts “price” comment on abandoning campaign
Flávio Bolsonaro rises to 2%1%
Flávio Bolsonaro claimed he could withdraw from the race for a “price”, then retracted the comment, generating a brief market dip for Flávio (down to 1 %) and a modest rebound for Luiz Lula as the scandal faded.
Flávio Bolsonaro reaffirms irreversible presidential candidacy after visiting Jair Bolsonaro in prison
Flávio Bolsonaro jumps to 17%6%
After visiting his father in prison, Flávio Bolsonaro stated his presidential candidacy is irreversible and that he will only withdraw if Jair Bolsonaro is free to run. This reinforced market confidence in his candidacy, sustaining his elevated price.
Flávio Bolsonaro confirms definitive presidential pre-candidacy for 2026
Flávio Bolsonaro jumps to 10%8%
Senator Flávio Bolsonaro publicly affirmed his firm commitment to run for president in 2026, signaling a serious challenge to Lula and causing his market price to rise sharply.
Flávio Bolsonaro says his 2026 presidential run is irreversible
Flávio Bolsonaro jumps to 10%8%
Flávio Bolsonaro announced that his decision to run for president was “irreversible”. The endorsement by his incarcerated father was highlighted, pushing Flávio’s price from the low‑single digits to 10 % and later to a high of 23 % by month‑end.
Flávio Bolsonaro Declares Presidential Candidacy Irreversible
Flávio Bolsonaro rises to 14%3%
Senator Flávio Bolsonaro clarified that his decision to run is irreversible unless his father is freed and allowed on the ballot, solidifying his status as a candidate.
Flávio Bolsonaro confirms irreversible decision to run for president in 2026
Flávio Bolsonaro rises to 17%2%
Flávio Bolsonaro reaffirmed his candidacy as irreversible, challenging Lula and consolidating his campaign, which influenced market prices positively despite some volatility.
Flávio Bolsonaro confirms presidential run despite controversy
Flávio Bolsonaro jumps to 10%9%
Flávio Bolsonaro reaffirmed his commitment to run for president in 2026 despite criticism over his earlier suggestion of dropping out for a 'price'. This solidified his position as the main right-wing candidate after his father Jair Bolsonaro's imprisonment and endorsement.
Former President Jair Bolsonaro endorses son Flávio's presidential bid from prison
Flávio Bolsonaro jumps to 14%5%
Jair Bolsonaro, imprisoned and barred from public office, formally endorsed his son Flávio Bolsonaro's candidacy for president in 2026. This endorsement solidified Flávio's position as the far-right Liberal Party's candidate and boosted his campaign's credibility, contributing to further price gains.
Lula announces Fernando Haddad as Minister of Economy in new government
Fernando Haddad plunges to 3%49%
Lula's announcement of Fernando Haddad as Minister of Economy reinforced Haddad's political relevance but did not translate into sustained market support, as Haddad's election chances declined significantly afterward.
Flávio Bolsonaro confirms irreversible presidential run after retracting stepping aside
Flávio Bolsonaro surges to 17%16%
Flávio Bolsonaro initially suggested he might exit the race for a 'price' but retracted, affirming his candidacy is irreversible unless his father is freed and runs, reinforcing his campaign and market position around 17%.
Flávio Bolsonaro reaffirms irreversible decision to run for president in 2026
Flávio Bolsonaro jumps to 10%9%
Flávio Bolsonaro publicly confirmed his candidacy as irreversible, solidifying his position in the race and sustaining his market price gains amid speculation he might step aside.
Flávio Bolsonaro announces presidential run, boosting his market support
Flávio Bolsonaro jumps to 10%8%
Flávio Bolsonaro's entry into the presidential race caused a sharp increase in his market price as he gained recognition as a right-wing contender, reflecting shifting dynamics in the opposition.
Flávio Bolsonaro suggests a 'price' to withdraw from 2026 race
Flávio Bolsonaro dips to 16%4%
Shortly after announcing his candidacy, Flávio Bolsonaro stated he had a 'price' to withdraw from the race, interpreted as linked to his father's imprisonment. This created uncertainty around his campaign but he later reaffirmed commitment, causing market volatility.
Flávio Bolsonaro’s São Paulo rally goes viral
Flávio Bolsonaro jumps to 10%9%
A Reuters video of Flávio Bolsonaro’s rally in São Paulo was widely shared, boosting his public profile. The surge helped his market price climb from 1 % to 10 % in the following days.
Flávio Bolsonaro's bid triggers strategic shake-up on the right
Flávio Bolsonaro jumps to 16%6%
Flávio Bolsonaro's candidacy caused recalculations among right-wing leaders, with some governors confirming their own presidential runs and others reconsidering their strategies. The move was seen as potentially benefiting Lula by splitting the opposition vote.
Flávio Bolsonaro’s pre-candidacy announcement triggers market sell-off
Flávio Bolsonaro drops to 7%7%
Following Flávio Bolsonaro's announcement of his presidential pre-candidacy, Brazilian markets reacted negatively due to concerns about a weaker opposition to Lula, causing a sell-off and a drop in Bolsonaro's market odds from 14% to 7%.
Flávio Bolsonaro announces 2026 presidential candidacy with father's endorsement
Flávio Bolsonaro jumps to 9%7%
Flávio Bolsonaro declared his intention to run for president in 2026, receiving formal endorsement from his imprisoned father Jair Bolsonaro, consolidating right-wing support and causing his market price to rise from 2% to 9%.
Flávio Bolsonaro enters 2026 presidential race with father's endorsement
Flávio Bolsonaro jumps to 10%8%
Imprisoned ex-President Jair Bolsonaro endorsed his son Flávio Bolsonaro's presidential bid, boosting Flávio's profile and causing his market price to rise from 2% to 10%.
Flávio Bolsonaro enters presidential race with father's endorsement
Flávio Bolsonaro jumps to 11%9%
Imprisoned former President Jair Bolsonaro endorsed his son Flávio Bolsonaro's presidential bid, causing Flávio's market price to surge from 2% to 11% and signaling a consolidation of right-wing support.
Finance Minister Fernando Haddad resigns to run for São Paulo governor
Fernando Haddad plunges to 4%48%
Haddad’s resignation removed a senior Lula ally from the cabinet, diminishing his personal political brand and causing a steep decline in his own election market price.
Datafolha Poll Shows Flávio Bolsonaro Trailing Lula in Runoff Scenarios
Flávio Bolsonaro rises to 11%1%
A Datafolha poll revealed that Flávio Bolsonaro had the worst performance against Lula in a potential second round compared to other right-wing figures, though his entry consolidated the conservative base.
Flávio Bolsonaro officially enters 2026 presidential race with father's endorsement
Flávio Bolsonaro jumps to 11%9%
Flávio Bolsonaro announced his candidacy for the 2026 presidential election with the endorsement of his imprisoned father, former President Jair Bolsonaro, positioning himself as the far-right candidate and consolidating his base. This announcement increased his visibility and market support.
Flávio Bolsonaro announces presidential candidacy with father's endorsement
Flávio Bolsonaro jumps to 9%7%
Flávio Bolsonaro, son of imprisoned former President Jair Bolsonaro, formally announced his candidacy for the 2026 presidential election with his father's explicit endorsement, positioning himself as the main right-wing challenger. This announcement marked the start of his rise in market support from 2% to 9%.
Flávio Bolsonaro enters Brazil’s 2026 presidential race with father’s endorsement
Flávio Bolsonaro jumps to 10%9%
Imprisoned ex-President Jair Bolsonaro endorsed his son Flávio Bolsonaro's presidential bid, boosting Flávio's profile and market support as he positioned himself as the right-wing candidate against Lula.
Jailed ex-President Jair Bolsonaro endorses son Flávio Bolsonaro's presidential bid
Flávio Bolsonaro jumps to 10%8%
Former President Jair Bolsonaro, imprisoned and barred from running, publicly endorsed his son Flávio Bolsonaro for the 2026 presidential race, boosting Flávio's profile and causing his market price to rise from 2% to 10%.
Lula’s administration replaces Haddad with Dario Durigan
Fernando Haddad dips to 2%2%
The cabinet shuffle further signaled a shift away from Haddad’s influence, reinforcing the market’s move away from his candidacy.
Jair Bolsonaro endorses son Flávio Bolsonaro for 2026 presidential race from prison
Flávio Bolsonaro jumps to 14%12%
While imprisoned, Jair Bolsonaro officially endorsed his son Flávio Bolsonaro as the candidate for the 2026 presidential election, boosting Flávio's market price from 2% to 14% and signaling the continuation of the Bolsonaro political legacy through his son.
Flávio Bolsonaro Endorsed by Imprisoned Father for 2026 Presidential Bid
Flávio Bolsonaro surges to 32%30%
Imprisoned former President Jair Bolsonaro endorsed his son Flávio Bolsonaro's presidential campaign, significantly boosting the far-right candidate's visibility and leading to a price surge from 2% to 32%.
Imprisoned Jair Bolsonaro endorses son Flávio's presidential bid
Flávio Bolsonaro jumps to 19%10%
Despite his imprisonment, Jair Bolsonaro publicly endorsed Flávio Bolsonaro's candidacy, boosting Flávio's market price significantly from 9% to 19% in December, reflecting increased investor confidence in his viability.
Flávio Bolsonaro announces presidential run with father’s endorsement
Flávio Bolsonaro jumps to 11%9%
Flávio Bolsonaro announced his candidacy for president, backed by his father. The news drove his market price from 2 % to 11 % over the following days as the Bolsonaro base rallied behind the new contender.
Jair Bolsonaro endorses son Flávio Bolsonaro for 2026 presidential race
Flávio Bolsonaro jumps to 14%12%
Jair Bolsonaro's endorsement of Flávio as the right-wing candidate consolidated Flávio's position, causing his market price to rise from 2% to 14% by mid-December.
Flávio Bolsonaro Announces 2026 Presidential Candidacy with Father's Endorsement
Flávio Bolsonaro jumps to 15%13%
Senator Flávio Bolsonaro officially declared his run for the presidency in 2026, stating he received the mission from his father, former President Jair Bolsonaro, during a prison visit.
Flávio Bolsonaro Enters 2026 Presidential Race with Father's Endorsement
Flávio Bolsonaro jumps to 10%8%
Senator Flávio Bolsonaro announced his candidacy for the presidency in 2026, acting as the heir apparent to his father's political movement, which caused his market odds to surge.
Flávio Bolsonaro named presidential candidate in Bolsonaro’s handwritten letter
Flávio Bolsonaro jumps to 8%6%
During a press conference before his father’s hernia surgery, Flávio Bolsonaro read a handwritten letter in which Jair Bolsonaro formally appointed him as the Liberal Party’s presidential candidate, sending Flávio’s market odds soaring from 2 % to 8 % in a single day.
Flávio Bolsonaro announced as Jair Bolsonaro's chosen successor for 2026 election
Flávio Bolsonaro jumps to 14%12%
On December 5, 2025, Senator Flávio Bolsonaro publicly announced he was chosen by his father, Jair Bolsonaro, to run for president in 2026, boosting his candidacy and market price significantly.
Flávio Bolsonaro officially enters 2026 presidential race with Jair Bolsonaro's endorsement
Flávio Bolsonaro jumps to 13%12%
Flávio Bolsonaro's candidacy was confirmed by his party and endorsed by his imprisoned father, marking a significant development that boosted his market price sharply as he became the main right-wing challenger to Lula.
Flávio Bolsonaro announces presidential run with father's endorsement
Flávio Bolsonaro jumps to 13%12%
Flávio Bolsonaro publicly confirmed his decision to run for president in 2026, backed by his imprisoned father Jair Bolsonaro, marking his emergence as the main right-wing candidate and causing his market price to jump from 1% to 13%.
Markets react negatively to Flávio Bolsonaro's presidential pre-candidacy announcement
Flávio Bolsonaro jumps to 13%11%
Following Flávio Bolsonaro's announcement, Brazilian financial markets experienced a sharp sell-off, with the Ibovespa index dropping over 4% and the Brazilian real weakening, reflecting investor concerns about the opposition's strength against Lula.
Flávio Bolsonaro announces presidential pre-candidacy with father's endorsement
Flávio Bolsonaro jumps to 11%9%
Flávio Bolsonaro, son of imprisoned former President Jair Bolsonaro, announced his presidential pre-candidacy with his father's endorsement, signaling a continuation of the Bolsonaro political legacy and energizing his campaign. This announcement caused a significant increase in his market odds from 2% to 11%.
Flavio Bolsonaro officially announces 2026 presidential candidacy with father's endorsement
Flávio Bolsonaro jumps to 11%9%
Flavio Bolsonaro declared his candidacy for the 2026 presidential election, receiving a significant endorsement from his imprisoned father Jair Bolsonaro. This announcement caused market and currency reactions, signaling the start of his campaign and positioning him as the main right-wing challenger to Lula.
Bolsonaro backs son Flávio for 2026 presidency
Flávio Bolsonaro jumps to 12%10%
Former president Jair Bolsonaro publicly endorsed his son Flávio Bolsonaro as the Liberal Party’s presidential candidate for 2026. The endorsement shifted market sentiment, driving Flávio’s price from 2 % to 12 % over the next week and pushing Lula’s price higher as the race sharpened.
Jair Bolsonaro backs son Flávio for 2026 presidential candidacy
Flávio Bolsonaro jumps to 10%8%
Jair Bolsonaro publicly endorsed his son Flávio as the Liberal Party’s presidential candidate. The endorsement sent Flávio’s price soaring from near‑zero to double‑digits (≈2 % on 18 Nov to 10 % on 6 Dec) and sparked a broader rally of right‑wing support.
Flávio Bolsonaro officially announces 2026 presidential candidacy with father's endorsement
Flávio Bolsonaro jumps to 8%7%
Flávio Bolsonaro declared his candidacy for president in December 2025, receiving formal endorsement from his imprisoned father Jair Bolsonaro, energizing right-wing voters and causing his market price to rise sharply from near 1% to over 10%.
Flávio Bolsonaro confirms 2026 presidential pre‑candidacy
Flávio Bolsonaro jumps to 15%13%
Flávio Bolsonaro publicly confirmed his presidential pre‑candidacy, receiving Jair Bolsonaro’s endorsement, which propelled his market price from the low single digits to the mid‑teens.
Flávio Bolsonaro confirms pre‑candidacy with father’s endorsement
Flávio Bolsonaro rises to 2%1%
Flávio Bolsonaro formally announced his pre‑candidacy, with his father publicly endorsing him. The announcement sparked a sharp rise in Flávio’s market price from virtually 0 % to 2 % on 18 Nov and then to 10 % by early December.
Flávio Bolsonaro announces pre‑candidacy for 2026 presidency with father’s backing
Flávio Bolsonaro jumps to 8%6%
Senator Flávio Bolsonaro announced his presidential pre‑candidacy with his father’s endorsement. The market reacted sharply, lifting Flávio’s odds from 2 % to about 8 % on Dec 5 and then to 16 % the next day, while Lula’s price rose as investors saw the race becoming a two‑person contest.
Flávio Bolsonaro named pre‑candidate, DI rates surge
Flávio Bolsonaro jumps to 12%11%
Infomoney reported that the announcement of Flávio Bolsonaro’s pre‑candidate status caused DI rates to spike 50 bp and lifted Flávio’s market price sharply, from 1 % on 29 Nov to 12 % on 7 Dec.
Bolsonaro officially backs Flávio Bolsonaro’s pre‑candidacy for 2026 presidency
Flávio Bolsonaro jumps to 13%11%
Jair Bolsonaro, via party president Valdemar Costa Neto, publicly confirmed Flávio’s pre‑candidacy for the presidency. The news sparked a sharp rise in Flávio’s market price from 2 % to 13 % on 2025‑12‑07.
Liberal Party confirms Flávio Bolsonaro as presidential candidate
Flávio Bolsonaro rises to 2%1%
The Liberal Party officially confirmed Flávio Bolsonaro as its presidential candidate, a step that lifted his price from near‑zero to about 2 % on 5 Dec and started the upward trend seen through the month.
Flávio Bolsonaro enters Brazil’s 2026 presidential race with father’s nod
Flávio Bolsonaro surges to 23%22%
On 5 Dec 2025 Jair Bolsonaro, from his prison hospital, publicly endorsed his son Flávio as the official candidate for the 2026 presidential race. The endorsement was widely reported and immediately followed by a sharp rise in Flávio’s market price from 1 % to 23 % over the following weeks, reflecting investors’ reassessment of his electoral chances.
Flávio Bolsonaro announces presidential candidacy with father's endorsement
Flávio Bolsonaro jumps to 13%11%
Flávio Bolsonaro officially announced his candidacy for the 2026 presidential election, receiving endorsement from his father Jair Bolsonaro, who is imprisoned and barred from office, boosting Flávio's market support significantly.
Finance Minister Fernando Haddad resigns to run for São Paulo governor
Fernando Haddad plunges to 3%49%
Fernando Haddad resigned as finance minister to run for governor of São Paulo, reducing his presidential election prospects and causing his market probability to drop sharply.
Bolsonaro undergoes double hernia surgery in Brasilia hospital
Flávio Bolsonaro jumps to 13%12%
Bolsonaro underwent a medically necessary double hernia surgery, which temporarily removed him from active political engagement and raised concerns about his health, impacting market confidence in his and his family's electoral prospects.
President Luiz Inácio Lula da Silva signals decision on 2026 re-election bid by March 2026
Incumbent President Lula stated he would decide by March 2026 whether to run for re-election, creating some uncertainty but generally supporting his steady market position. His price remained stable around 50% during this period, reflecting market confidence in his likely candidacy and leading position.
Michelle Bolsonaro publicly criticized by Bolsonaro's sons amid family rift
Michelle Bolsonaro dips to 1%1%
Michelle Bolsonaro's participation in political events led to public criticism from Bolsonaro's sons, deepening family divisions and further reducing her market support to 1%.
Jair Bolsonaro backs son Flávio for 2026 presidential race
Flávio Bolsonaro jumps to 10%8%
Jair Bolsonaro publicly endorsed his son Flávio as the right‑wing candidate, triggering a surge in Flávio’s market price from 2 % to 10 % within a few days and later to a peak of 23 % on 28 Dec 2025.
Flávio Bolsonaro announced as Jair Bolsonaro's chosen candidate for 2026 presidency
Flávio Bolsonaro jumps to 15%13%
Ex-president Jair Bolsonaro publicly endorsed his son Flávio Bolsonaro as the candidate for the 2026 presidential election, leading to a sharp increase in Flávio's market price from around 2% to 15%.
Fernando Haddad announces he will not run for president in 2026, focusing on state-level project
Fernando Haddad plunges to 4%48%
Fernando Haddad publicly stated he would not run for president in 2026, choosing instead to focus on a state-level project, which led to a significant drop in his market price from 52% to 4%.
Jair Bolsonaro begins serving 27-year prison sentence for coup plot
Jair Bolsonaro plunges to 1%35%
Former President Jair Bolsonaro started serving a lengthy prison sentence for his role in the 2023 coup attempt, removing him from the political arena and indirectly boosting his son's candidacy while negatively impacting Jair's own market odds.
MDA poll shows Lula leads all right-wing challengers, including Bolsonaro
Luiz Inácio Lula da Silva dips to 53%2%
A poll by MDA found Lula leading in all potential second-round matchups, with 46% against São Paulo Governor Tarcisio de Freitas (39%) and 49% against former President Bolsonaro (37%). This reinforced Lula's position and showed Bolsonaro's candidacy was still generating interest despite legal barriers.
Lula leads all potential right‑wing challengers in November poll
Luiz Inácio Lula da Silva drops to 48%7%
A MDA poll released on 25 Nov 2025 showed Lula leading all potential right‑wing challengers with a comfortable margin, helping his market price stabilize around the high‑50s after a brief dip earlier in the month.
MDA poll keeps Lula ahead of right‑wing rivals
Luiz Inácio Lula da Silva drops to 51%8%
The same MDA poll cited above reaffirmed Lula’s lead at 32 % and showed a modest dip in his market price from 59 % on 2025‑11‑20 to 51 % on 2025‑11‑24, reflecting the market’s reaction to the narrowing margin against right‑wing opponents.
Flávio Bolsonaro receives endorsement from former President Jair Bolsonaro for 2026 run
Flávio Bolsonaro jumps to 12%10%
On December 5, Flávio Bolsonaro publicly confirmed he has his father Jair Bolsonaro's full support for the 2026 presidential race, boosting his market price significantly from 2% to 12%.
Flávio Bolsonaro confirms presidential run, challenging Lula in 2026
Flávio Bolsonaro jumps to 15%13%
Flávio Bolsonaro confirmed his candidacy as the Liberal Party's candidate, positioning himself as the main challenger to Lula and causing a rise in his market price from near zero to double digits.
Poll shows Lula leading potential right-wing rivals ahead of 2026 vote
A poll by MDA showed Lula leading all potential right-wing challengers, reinforcing his frontrunner status and setting the initial market expectations for the election. This contributed to Lula's initial high market price and the positioning of other candidates.
Supreme Court Orders Immediate Enforcement of Bolsonaro's Prison Sentence
Jair Bolsonaro dips to 1%1%
Justice Alexandre de Moraes ordered the immediate execution of Jair Bolsonaro's 27-year prison sentence, further crushing any remaining hopes of a political comeback.
Reuters poll shows Lula ahead of right‑wing rivals
Luiz Inácio Lula da Silva rises to 55%2%
A Reuters poll showed Lula maintaining a lead over right‑wing rivals, keeping his market price relatively stable around the low‑50 % range despite volatility elsewhere.
Supreme Court Orders Jair Bolsonaro to Begin 27-Year Prison Sentence
Jair Bolsonaro dips to 1%1%
Brazil's Supreme Court ordered former President Jair Bolsonaro to begin serving his 27-year prison sentence for a coup plot, effectively ending his 2026 presidential prospects.
Flávio Bolsonaro endorsed by imprisoned father Jair Bolsonaro for 2026 presidential run
Flávio Bolsonaro jumps to 11%9%
Former President Jair Bolsonaro publicly endorsed his son Flávio Bolsonaro as the Liberal Party's candidate, causing Flávio's market price to surge from 2% to over 11%.
Poll shows Lula leading all right-wing challengers including Michelle Bolsonaro and Renan Santos
Luiz Inácio Lula da Silva drops to 48%5%
A poll by MDA showed Lula leading all potential right-wing challengers, including Michelle Bolsonaro and Renan Santos, reinforcing Lula's position as front-runner despite some narrowing of his lead in the market.
MDA poll shows Lula leading all potential right-wing challengers
Luiz Inácio Lula da Silva rises to 51%3%
A new poll by research institute MDA confirmed that President Lula leads all potential right-wing rivals for the 2026 election, while his approval ratings continue to climb.
Jair Bolsonaro begins serving 27-year prison sentence
Following the Supreme Court ruling, Bolsonaro began serving his prison sentence, further diminishing his political influence and solidifying his ineligibility for the 2026 election. This event reinforced the market's low valuation of his candidacy.
Lula leads all right‑wing challengers in MDA poll; Renan Santos at 5 %
Renan Santos plunges to 5%45%
A Reuters‑published MDA poll on 25 Nov 2025 listed Renan Santos with only 5 % support, far below his earlier 50 % surge in early October. The poll’s release aligns with the market plunge from 50 % on 13 Oct 2025 to 5 % on 21 Oct 2025 and staying near 5 % through late November.
Poll shows Lula leads all right-wing rivals ahead of 2026 vote
A poll by MDA showed Lula leading former President Bolsonaro, his son Flávio Bolsonaro, and Michelle Bolsonaro, reinforcing Lula's frontrunner status and influencing market prices accordingly.
Poll shows Lula leads right-wing rivals ahead of 2026 vote
A Reuters poll showed Lula leading former President Bolsonaro, Eduardo Bolsonaro, and Michelle Bolsonaro, reinforcing Lula's market position and highlighting the fragmented opposition.
Bolsonaro’s arrest reshapes the 2026 presidential race in Brazil
Jair Bolsonaro dips to 1%2%
BNamericas reported Bolsonaro’s preventive detention on 24 Nov 2025, confirming his imprisonment and effectively removing him from active campaigning. The news triggered a sharp decline in his market price from 3 % on 2025‑11‑22 to 1 % on 2025‑11‑27.
Brazil defies US tariffs, Lula emerges politically stronger
Following a US-Brazil diplomatic dispute involving tariffs and sanctions, a November 24, 2025 New York Times article reported that Brazil defied US pressure and Lula emerged politically stronger, reinforcing his market position.
Flávio Bolsonaro denies presidential candidacy, plans re-election bid
Flávio Bolsonaro dips to 1%1%
Flávio Bolsonaro stated he was not a candidate for president in 2026 and intended to seek re-election as senator, which contributed to his market price remaining low around 1-2%.
Renan Santos details plans for 2026 presidential run
Renan Santos gave an interview on November 18, 2025, outlining his party's strategies and his presidential ambitions, but his market price remained low, reflecting limited public awareness and support.
Former President Jair Bolsonaro arrested after tampering with ankle monitor
Michelle Bolsonaro plunges to 1%51%
Jair Bolsonaro was arrested after attempting to damage his electronic ankle monitor, ending his house arrest and confirming his incarceration. This event diminished his political viability and caused a sharp decline in market prices for Bolsonaro-linked candidates.
Fernando Haddad's market price collapses amid lack of campaign momentum
Fernando Haddad plunges to 4%48%
Fernando Haddad's price fell sharply from 52% to 4% over the analysis window, reflecting his diminishing viability as a leading candidate in the election, likely due to campaign dynamics and voter shifts.
Federal police arrest Jair Bolsonaro over alleged escape plot
Flávio Bolsonaro dips to 1%1%
Jair Bolsonaro was arrested by federal police on suspicion of plotting to escape his 27-year prison sentence, intensifying political tensions and impacting the Bolsonaro family’s electoral prospects, especially Flávio Bolsonaro.
Jair Bolsonaro Arrested Preventively by Federal Police
Former President Jair Bolsonaro was arrested preventively by order of Supreme Court Justice Alexandre de Moraes, severely damaging his remaining political viability.
Jair Bolsonaro arrested preventively in Brasília
Jair Bolsonaro dips to 1%1%
On November 22, 2025, Jair Bolsonaro was taken into preventive custody in Brasília, further diminishing his chances in the election and causing his market price to fall to near 1%. This legal development confirmed his political marginalization.
Police Arrest Jair Bolsonaro After Ankle Monitor Tampering
Jair Bolsonaro dips to 1%1%
Jair Bolsonaro was placed in preventive detention at the Federal Police headquarters after damaging his court-ordered ankle monitor with a soldering iron.
Jair Bolsonaro arrested to begin 27-year prison sentence for coup attempt
Flávio Bolsonaro dips to 35%3%
Former President Jair Bolsonaro began serving a 27-year prison sentence for plotting a coup, fracturing the right-wing political base and impacting the prospects of his family members, especially Flávio Bolsonaro, whose market price initially dipped due to the fallout.
Jair Bolsonaro sentenced to 27 years in prison for coup attempt
Jair Bolsonaro plunges to 1%35%
Former President Jair Bolsonaro was convicted by Brazil's Supreme Federal Court and sentenced to 27 years in prison for involvement in the 2022–2023 coup d'état plot, barring him from running for office until 2030. This removed him from the presidential race and shifted right-wing support to his son Flávio Bolsonaro.
Jair Bolsonaro arrested after ankle‑monitor damage; transferred to larger prison cell
Jair Bolsonaro drops to 1%5%
Jair Bolsonaro was placed under preventive detention after damaging his ankle monitor, and the court ordered his transfer to a larger cell. The legal setback drove his market price from 6 % on 2025‑09‑25 to 1 % on 2025‑12‑05, essentially eliminating his electoral prospects.
Flávio Bolsonaro formally launches 2026 presidential campaign with father's endorsement
Flávio Bolsonaro jumps to 10%8%
Flávio Bolsonaro announced his candidacy for president in 2026 with formal endorsement from his imprisoned father Jair Bolsonaro, energizing right-wing voters and causing a significant rise in his market price.
Reuters poll shows Michelle Bolsonaro trailing far behind Lula
Michelle Bolsonaro plunges to 5%47%
A Reuters poll published on 22 Nov 2025 listed former First Lady Michelle Bolsonaro at 36‑39% support, a sharp decline from early‑September levels. The poll’s poor showing pushed her market price down from 52% to 5%.
Jair Bolsonaro arrested after tampering with ankle monitor
Jair Bolsonaro dips to 1%1%
On November 22, 2025, Jair Bolsonaro was arrested after attempting to damage his electronic ankle monitor, ending his house arrest. This event confirmed his incarceration and further diminished his political viability, reflected in his market price falling to near zero.
Bolsonaro's arrest reshapes 2026 presidential race, boosting right-wing realignments
Renan Santos plunges to 6%44%
The arrest of Jair Bolsonaro caused political tension and opened space for new right-wing articulations, notably increasing the prominence of Flávio Bolsonaro and affecting market perceptions of right-wing candidates.
Jair Bolsonaro arrested after tampering with electronic ankle monitor
Michelle Bolsonaro plunges to 1%51%
Jair Bolsonaro's arrest following an attempt to damage his ankle monitor confirmed his incarceration, severely diminishing his political viability and causing related market prices, including Michelle Bolsonaro's, to plummet.
Trump lifts tariffs on Brazilian products after meeting Lula
Luiz Inácio Lula da Silva jumps to 56%6%
Following a meeting between Lula and Trump, the US lifted tariffs on Brazilian goods, improving Brazil's economic outlook and bolstering Lula's popularity and market support.
Jair Bolsonaro arrested for allegedly plotting escape ahead of prison term
Flávio Bolsonaro drops to 15%14%
The arrest of former President Jair Bolsonaro confirmed his incarceration and diminished his political influence, negatively impacting the market perception of his family's political prospects, including Flávio Bolsonaro.
Jair Bolsonaro arrested for tampering with electronic ankle monitor
Jair Bolsonaro dips to 1%1%
Former President Jair Bolsonaro was taken into police custody after attempting to disable his ankle monitor, ending his house arrest and further diminishing his political viability, reflected in his market price dropping to 1%.
Renan Santos gains attention with national Bitcoin reserve proposal
Renan Santos rises to 7%2%
Renan Santos publicly advocated for establishing a national Bitcoin reserve to transform Brazil's economy and fight corruption, boosting his profile and increasing market support for his candidacy from 5% to 7%.
Flávio Bolsonaro launches 2026 presidential campaign with father's endorsement
Flávio Bolsonaro rises to 6%4%
Flávio Bolsonaro formally launched his presidential campaign with the backing of his imprisoned father, Jair Bolsonaro, marking him as the chosen successor and causing his market price to rise from 2% to 6% in early December.
Polls show Lula and Flávio Bolsonaro tied in presidential runoff race
Luiz Inácio Lula da Silva drops to 47%7%
Polling data indicated a statistical tie between incumbent Luiz Inácio Lula da Silva and Flávio Bolsonaro in the upcoming runoff, reflecting a highly polarized electorate and influencing market prices to stabilize around these candidates.
Jair Bolsonaro sentenced to 27 years in prison for coup attempt
Jair Bolsonaro plunges to 2%34%
Jair Bolsonaro's conviction and imprisonment removed him from the presidential race, causing his market price to plummet from 36% to near zero.
Flávio Bolsonaro endorsed as candidate by Jair Bolsonaro's movement
Flávio Bolsonaro jumps to 10%8%
After speculation about the right-wing candidate, former president Jair Bolsonaro endorsed his son Flávio Bolsonaro, boosting Flávio's profile and causing his market price to rise from 2% to 10% in December.
Michelle Bolsonaro leads in polls for Federal District Senate race
Michelle Bolsonaro plunges to 1%51%
Michelle Bolsonaro emerged as the frontrunner in polls for the Federal District Senate seat, indicating her political influence but also signaling she might not run for president, impacting her presidential market price downward.
Fernando Haddad resigns as Brazil's finance minister to run for São Paulo governor
Fernando Haddad plunges to 2%50%
Fernando Haddad resigned from his position as finance minister to launch a high-profile campaign for governor of São Paulo, reducing his chances in the presidential race and causing his market price to drop from 52% to 2%.
Brazilian Congress overrides Lula’s veto, reducing Bolsonaro’s prison sentence
The Brazilian Congress overrode President Lula’s veto to pass a law reducing prison sentences for sedition, potentially cutting Bolsonaro’s sentence by up to 20 years, boosting the Bolsonaro political faction’s morale and market support for Flávio Bolsonaro.
Lula’s popularity declines but opposition fails to gain ground
Luiz Inácio Lula da Silva drops to 49%7%
An analysis on November 14 showed Lula’s lead shrinking against several rivals, including Michelle Bolsonaro and Eduardo Bolsonaro, but no significant opposition gains occurred. This contributed to a decline in Lula’s market price and a collapse in Renan Santos and Fernando Haddad’s prices.
Former President Jair Bolsonaro hospitalized with pneumonia, raising health concerns
Renan Santos dips to 5%2%
Jair Bolsonaro was admitted to intensive care with pneumonia, causing uncertainty about his ability to campaign or influence the election. This health crisis contributed to a decline in market prices for Bolsonaro-linked candidates.
Genial/Quaest Poll Tests Renan Santos for the First Time
Renan Santos plunges to 8%42%
A new nationwide poll tested Renan Santos of the newly approved Missão party for the first time, showing him with a modest 3% of voting intentions.
Poll shows Lula's lead narrowing as Bolsonaro's influence grows
Luiz Inácio Lula da Silva dips to 55%4%
A November 13, 2025 poll showed Lula still leading but with a narrowing margin against Bolsonaro-backed candidates, reflecting increased competition and causing market adjustments with Lula's price dropping and right-wing candidates gaining slightly.
Poll shows Lula's lead narrowing as Bolsonaro's support grows
Flávio Bolsonaro jumps to 9%8%
A Genial/Quaest poll showed Lula still leading but with a narrowing margin against conservative rivals, while Flávio Bolsonaro's support increased from 18% to 26%, reflecting a more competitive race and causing market adjustments.
Poll shows Lula leads 2026 race but with narrowing margin
Luiz Inácio Lula da Silva drops to 54%9%
A Genial/Quaest poll showed Lula still leading the 2026 presidential race but facing a narrowing edge as Bolsonaro's support increased despite his legal ineligibility, causing some market volatility and price adjustments for Lula, Bolsonaro, and Renan Santos.
Genial/Quaest poll shows Lula leading but with narrowing edge
Renan Santos plunges to 5%45%
A new Genial/Quaest poll showed Lula leading in all tested scenarios, but his advantage over conservative rivals was slipping, while Renan Santos was tested for the first time.
Poll shows Lula leads but faces narrowing edge from right-wing rivals
Luiz Inácio Lula da Silva drops to 54%5%
A November poll confirmed Lula's lead in the 2026 race but indicated his advantage was shrinking amid a fragmented right-wing opposition, including the emergence of new candidates, influencing market dynamics and price fluctuations.
MDA poll shows Lula’s lead narrowing ahead of 2026 vote
Fernando Haddad plunges to 4%48%
A poll released on 13 Nov 2025 by research institute MDA showed Lula’s lead narrowing and a drop in support for other contenders, including Fernando Haddad, whose share fell to single‑digit levels. This led the market price for Haddad to plunge from 52 % on 18 Sep to 4 % by early November.
Poll shows Lula still leads 2026 race but with narrowing edge
Luiz Inácio Lula da Silva drops to 54%6%
A poll released in November showed Lula maintaining the lead but with a narrowing margin as Bolsonaro's support increased despite his legal ineligibility, causing some market volatility and a slight decline in Lula's price and minor upticks for Bolsonaro and Renan Santos.
Lula’s approval rating halts upward trend amid rising security concerns
Luiz Inácio Lula da Silva drops to 49%10%
Polls showed Lula’s approval rating plateauing and disapproval rising due to growing public concern over violence and security issues, which negatively impacted his market price. This reflected voter unease affecting Lula's perceived strength.
Former President Jair Bolsonaro sentenced to 27 years for coup attempt
Luiz Inácio Lula da Silva jumps to 56%6%
The sentencing of Jair Bolsonaro removed a major right-wing contender from the race, weakening the opposition and indirectly strengthening Lula's position in the market.
Brazil Supreme Court panel rejects Bolsonaro’s prison sentence appeal
Jair Bolsonaro dips to 1%2%
A Supreme Court panel rejected Bolsonaro’s appeal against his 27‑year sentence, confirming his incarceration and further eroding his remaining market support to 1 %.
TSE unanimously approves creation of the Missão party headed by Renan Santos
Renan Santos plunges to 4%46%
The Superior Electoral Court unanimously approved the registration of the new “Missão” party led by Renan Santos. The formal party creation caused Renan’s market price to plunge from 50 % to 4 % within days.
Renan Santos' party Missão officially created by TSE
Renan Santos plunges to 6%44%
On November 4, 2025, the Superior Electoral Court (TSE) unanimously approved the creation of the Missão party led by Renan Santos, who announced his presidential candidacy. This event initially boosted his market price from 50% to a low single-digit percentage, reflecting low name recognition and skepticism.
TSE approves creation of Mission Party linked to MBL, with Renan Santos as presidential candidate
Renan Santos plunges to 7%43%
The Superior Electoral Court (TSE) approved the creation of the Mission Party, linked to the MBL, with Renan Santos as its presidential candidate for 2026. This formalization initially raised market interest in Renan Santos as a candidate.
Brazil's Superior Electoral Court approves creation of Missão party linked to MBL
The TSE approved the creation of the Missão party, led by Renan Santos, enabling the party to participate in the 2026 elections and positioning Santos as a presidential candidate, which initially boosted his market price significantly.
Brazil’s Finance Minister announces $10 billion goal for forest protection fund
Fernando Haddad rises to 4%1%
Finance Minister Fernando Haddad announced an ambitious plan to raise $10 billion for the Tropical Forests Forever Fund, enhancing his profile and briefly supporting his market position before his resignation.
Jair Bolsonaro begins serving 27-year prison sentence for coup plot
Jair Bolsonaro plunges to 1%35%
Former President Jair Bolsonaro started serving a lengthy prison sentence for his role in the 2022 coup attempt, removing him from the political arena and indirectly affecting his son's candidacy and market dynamics.
Lula announces re-election bid with Vice President Geraldo Alckmin
Luiz Inácio Lula da Silva rises to 56%1%
Incumbent President Luiz Inácio Lula da Silva officially launched his campaign for a fourth term, confirming Vice President Geraldo Alckmin as his running mate again. This solidified Lula's frontrunner status and supported his market position around 55%.
Lula announces re-election campaign for fourth presidential term
Luiz Inácio Lula da Silva jumps to 60%5%
President Luiz Inácio Lula da Silva officially announced his bid for a fourth term, reinforcing his status as the incumbent and maintaining his market lead despite concerns about his age and health.
Luiz Inácio Lula da Silva announces bid for fourth presidential term
Luiz Inácio Lula da Silva dips to 52%3%
Incumbent President Lula officially launched his campaign for re-election, reinforcing his frontrunner status and setting the stage for a competitive race. This announcement solidified market confidence in Lula's leading position.
Lula da Silva announces re-election bid with Geraldo Alckmin as running mate
Luiz Inácio Lula da Silva rises to 57%2%
Incumbent President Luiz Inácio Lula da Silva officially launched his campaign for a fourth presidential term, confirming Vice President Geraldo Alckmin as his running mate, solidifying his ticket and maintaining his frontrunner status in the market.
President Lula announces re-election bid with same running mate
Luiz Inácio Lula da Silva rises to 54%4%
Incumbent President Luiz Inácio Lula da Silva announced his intention to run for a fourth term with Vice President Geraldo Alckmin as his running mate, solidifying his campaign and maintaining his frontrunner status in the market.
Jair Bolsonaro elected 38th president of Brazil in 2018
Historical context: Jair Bolsonaro was elected president in 2018, setting the stage for his 2022 defeat and subsequent legal troubles that shaped the 2026 election dynamics.
Lula meets Trump in Malaysia to discuss trade tensions
Luiz Inácio Lula da Silva surges to 63%20%
During the ASEAN summit, Lula and Trump held a nearly hour-long meeting addressing the 50% tariffs imposed by the US on Brazilian exports. Lula advocated for suspension of tariffs during negotiations, signaling diplomatic efforts to ease economic tensions, which likely bolstered Lula's market confidence temporarily.
Lula announces re-election bid with same running mate Geraldo Alckmin
Luiz Inácio Lula da Silva dips to 52%3%
Incumbent President Luiz Inácio Lula da Silva announced his re-election campaign for a fourth term, retaining Vice President Geraldo Alckmin as his running mate. This solidified Lula's campaign team and maintained his market confidence as the frontrunner.
President Lula announces re-election campaign for fourth term
Luiz Inácio Lula da Silva rises to 56%1%
In late October 2025, Luiz Inácio Lula da Silva officially launched his campaign for a fourth presidential term, reinforcing his frontrunner status and impacting market confidence in his candidacy.
Lula announces bid for fourth presidential term during Indonesia visit
President Lula announced his intention to run for a fourth term, reinforcing his frontrunner status and supporting his market price stability despite some volatility.
President Luiz Inácio Lula da Silva announces 2026 re-election bid
Luiz Inácio Lula da Silva surges to 60%17%
Lula confirmed he will seek a fourth term as president, solidifying his candidacy and maintaining his market lead with stable prices.
Lula announces bid for a fourth term in 2026
Luiz Inácio Lula da Silva surges to 63%15%
President Lula announced he will run for a fourth, non‑consecutive term in the 2026 election. The declaration reaffirmed his candidacy and lifted market confidence, sending his contract price up from 48 % on 2025‑10‑04 to a peak of 63 % on 2025‑10‑12.
Lula announces his candidacy for a fourth term in 2026
Luiz Inácio Lula da Silva jumps to 55%7%
President Lula announced on 23 Oct 2025 that he will run for a fourth term in the 2026 election. The declaration reinforced his frontrunner status and lifted his market price from around 48 % to a peak of 67 % on 9 Oct, before stabilising at 55 % by the end of the window.
Lula confirms he will seek a fourth term in 2026 presidential election
Brazilian President Luiz Inácio Lula da Silva announced during an official visit to Indonesia that he will run for re-election in 2026, reinforcing his position as the leading candidate and stabilizing his market price around 55%.
Lula confirms 2026 re‑election bid during visit to Indonesia
Luiz Inácio Lula da Silva jumps to 67%12%
President Lula announced during a joint press conference in Jakarta that he will run for a fourth term in the 2026 election. The declaration removed any doubt about his candidacy, pushing his market price up from the low‑50 % range to a peak of 67 % on 9 Oct.
President Lula da Silva officially announces bid for fourth term in 2026
Luiz Inácio Lula da Silva rises to 56%2%
During a state visit to Indonesia, President Lula confirmed he will seek a historic fourth term in the 2026 election, boosting his campaign momentum and solidifying his frontrunner status.
Luiz Inácio Lula da Silva announces bid for fourth presidential term
Incumbent President Lula officially declared his intention to run for re-election in the 2026 presidential election, solidifying his position as the leading candidate and setting the stage for the electoral contest.
President Lula announces he will seek a fourth term in 2026 election
Lula officially announced his intention to run for a fourth term in the 2026 presidential election, reinforcing his frontrunner status and maintaining market support around 53-55%.
Lula announces he will seek a fourth presidential term in 2026
Luiz Inácio Lula da Silva jumps to 55%5%
On October 23, 2025, Lula officially confirmed his candidacy for a fourth term, solidifying his position and likely contributing to market confidence in his chances, with prices around 50-55%.
Lula announces bid for historic fourth presidential term
Luiz Inácio Lula da Silva jumps to 56%13%
Lula officially declared his intention to run for a fourth term, defying expectations given his age, which caused a rally in his market price as he reaffirmed his political ambitions and leadership.
President Lula confirms 2026 re-election bid during Indonesia visit
Luiz Inácio Lula da Silva jumps to 56%8%
Lula officially announced his intention to run for a fourth term in the 2026 presidential election, ending speculation and reinforcing his frontrunner status, which positively influenced market confidence in his candidacy.
Lula announces run for fourth term in 2026 presidential election
Luiz Inácio Lula da Silva jumps to 62%9%
President Luiz Inácio Lula da Silva publicly announced his intention to run for a fourth nonconsecutive term, reinforcing his frontrunner status and causing a positive impact on his market price, which rose to 62% shortly after.
Lula announces intention to run for fourth presidential term in 2026
Luiz Inácio Lula da Silva jumps to 52%9%
Lula publicly declared his plan to seek a fourth term in the October 2026 election, reinforcing his front-runner status and stabilizing his market price.
Lula Announces Fourth Presidential Term in 2026
Luiz Inácio Lula da Silva drops to 49%6%
Brazilian President Luiz Inácio Lula da Silva confirmed he will run for a fourth non-consecutive term in the 2026 election, boosting his campaign momentum and leading to a price increase from 55% to 49%.
President Lula Announces Re-election Bid for Fourth Term in 2026
Luiz Inácio Lula da Silva rises to 59%3%
Incumbent President Luiz Inácio Lula da Silva officially announced his intention to run for a fourth term, solidifying his position as the leading candidate.
Lula announces candidacy for fourth presidential term in 2026
President Luiz Inácio Lula da Silva officially announced his intention to run for a fourth nonconsecutive term in the 2026 Brazilian presidential election, reinforcing his frontrunner status and setting the stage for the upcoming race.
Lula announces run for historic fourth presidential term
Luiz Inácio Lula da Silva jumps to 57%9%
On October 23, 2025, President Luiz Inácio Lula da Silva publicly announced his intention to run for a fourth nonconsecutive term, reinforcing his frontrunner status and causing a positive impact on his market price.
Lula announces re-election bid for a fourth presidential term
Luiz Inácio Lula da Silva surges to 59%16%
In late October 2025, President Luiz Inácio Lula da Silva officially announced his candidacy for a fourth presidential term, solidifying his position as the incumbent candidate and influencing market confidence in his chances.
Lula officially announces bid for fourth presidential term in 2026
Luiz Inácio Lula da Silva surges to 63%15%
On October 23, 2025, President Luiz Inácio Lula da Silva publicly confirmed he will run for a fourth nonconsecutive term, reinforcing his frontrunner status and causing a market price increase from 48% to 63%.
Lula officially announces run for fourth presidential term in 2026
Luiz Inácio Lula da Silva jumps to 52%9%
President Luiz Inácio Lula da Silva confirmed his intention to seek re-election, reinforcing his frontrunner status and stabilizing his market price around 50%.
Lula names Vice‑President Alckmin as running mate for 2026 race
Luiz Inácio Lula da Silva jumps to 51%9%
President Lula announced that Vice‑President Geraldo Alckmin will be his running mate for the 2026 election, signalling campaign stability. The market lifted Lula’s price from the low‑40 % range to around 51 % within a week.
Lula confirms he will run for a fourth term in 2026 while in Indonesia
Luiz Inácio Lula da Silva jumps to 60%11%
During a visit to Indonesia, President Lula announced that he will run for a fourth term in 2026. The statement lifted his perceived incumbency advantage and pushed his market price up from 49 % to 60 % by 2025‑11‑01.
Lula vetoes bill lowering Bolsonaro’s prison sentence
Luiz Inácio Lula da Silva jumps to 52%14%
Lula vetoed a bill that would have reduced Jair Bolsonaro’s 27‑year prison term, reinforcing his tough stance on the Bolsonaro faction and causing a modest rebound of his price from 38 % to 52 % in late October.
Lula announces run for fourth presidential term in 2026
Luiz Inácio Lula da Silva surges to 63%22%
Luiz Inácio Lula da Silva officially declared his candidacy for a fourth term, reinforcing his frontrunner status and causing his market price to rebound from a dip.
Renan Santos says ‘right can win without Bolsonaro’
Renan Santos rises to 4%3%
Renan Santos, founder of the new Mission party, gave an interview declaring the right‑wing could succeed without the Bolsonaro name. The message resonated with independent voters and lifted his market price from 1 % (mid‑October) to 4 % by the end of the month.
Electoral Institute corrects Renan Santos poll from 50 % to 4 %
Renan Santos plunges to 7%43%
A poll released by the Brazilian Electoral Institute showed Renan Santos at 50 % support early October, but a subsequent corrected poll a week later placed him at just 4 %, explaining the sharp decline from 50 % to 7 % in the market.
Electoral Court registers Renan Santos’s Missão party
Renan Santos plunges to 3%47%
The Electoral Court approved the registration of Renan Santos’s new “Missão” party, but early polling showed the name still virtually unknown, sending his price from 50 % to 3 % in one day.
Mission Party registers with TSE, boosting Renan Santos' presidential candidacy
Renan Santos plunges to 5%45%
The official registration of the Mission Party by Brazil’s Superior Electoral Court enabled Renan Santos to file a presidential pre-candidacy, which was seen as a significant boost and caused his market price to surge from 50% to 5% over the analyzed period.
Renan Santos says Missão will not run a presidential candidate in 2026
Renan Santos plunges to 3%47%
On 13 Oct 2025 the Missão party’s leader Renan Santos gave an interview in which he warned that his party would not field a presidential candidate, causing market participants to reassess his viability and driving the price for Renan Santos from 50 % down to 3 % within a day.
Renan Santos's party officially created by TSE
The Superior Electoral Court (TSE) unanimously approved the creation of the Missão party led by Renan Santos, initially boosting his market price to 50%. However, subsequent polling corrections caused a sharp decline.
Renan Santos' party Missão launches with focus on sustainable development and political renewal
Renan Santos plunges to 8%42%
Renan Santos detailed his newly created party Missão's project focusing on transparency and long-term policies, but his initial high polling support collapsed after a corrected poll, causing his market price to drop from 50% to 8%.
Lula leads potential right‑wing rivals ahead of 2026 vote, poll shows
Renan Santos plunges to 7%43%
A Reuters poll on 13 Oct showed Lula far ahead of all rivals, with Renan Santos barely mentioned. The market responded by dropping Renan’s price from a brief 50 % surge in early October to 7 % by the end of the month.
Flávio Bolsonaro emerges as Bolsonaro’s official presidential candidate
Flávio Bolsonaro jumps to 11%9%
Following the veto, Flávio Bolsonaro announced he would run as the official candidate of the Bolsonaro camp, giving his name a clear electoral identity and driving his market price upward.
President Lula vetoes bill that would reduce Bolsonaro’s prison sentence
Luiz Inácio Lula da Silva jumps to 63%8%
Lula’s veto signaled a hard‑line stance against Bolsonaro’s legal challenges, boosting Lula’s perceived strength and raising Flávio Bolsonaro’s profile as the main challenger, while hurting Bolsonaro‑aligned candidates.
Bolsonaro sentenced to 27 years for 2022 coup plot
Renan Santos plunges to 5%45%
On September 11, 2025, former President Jair Bolsonaro was sentenced to 27 years in prison for plotting a military coup, which severely damaged the Bolsonaro political faction's prospects and caused a sharp drop in market prices for Bolsonaro-aligned candidates like Renan Santos and Michelle Bolsonaro.
Michelle Bolsonaro denies speculation about 2026 presidential run
Michelle Bolsonaro plunges to 0%52%
Reuters reported on 10 Oct 2025 that former First Lady Michelle Bolsonaro publicly denied any intention to run for president, saying she would remain "first lady" and support her husband. The clarification led markets to price out her candidacy, driving her probability to zero by 4 Oct 2025.
Michelle Bolsonaro downplays 2026 presidential run speculation as Jair Bolsonaro awaits prison
Michelle Bolsonaro drops to 1%5%
Michelle Bolsonaro publicly dismissed rumors of her running for president, which led to a sharp decline in her market price as investors adjusted expectations.
Michelle Bolsonaro waves off speculation of 2026 run
Michelle Bolsonaro plunges to 0%52%
Reuters reported that Michelle Bolsonaro publicly dismissed speculation about running in place of her husband after his sentencing. The softening of her campaign rhetoric coincided with the market price for her candidate falling to 0 % by early October.
Michelle Bolsonaro denies plans to run for president in 2026
Michelle Bolsonaro plunges to 6%46%
Michelle Bolsonaro publicly rejected speculation about her candidacy and potential running mate role, leading to a sharp decline in her market price from 52% to near 0%.
Michelle Bolsonaro says she will not run for president
Michelle Bolsonaro drops to 0%6%
In a Reuters interview Michelle Bolsonaro dismissed any speculation she would run for president, stating the decision depended on “God’s will”. The clear denial caused her market price to fall sharply from 6 % to 0 % within a week.
Bolsonaro sentenced to 27 years for attempted coup
Jair Bolsonaro plunges to 1%35%
The STF sentenced former President Jair Bolsonaro to 27 years for a coup plot, confirming his permanent ineligibility for the 2026 race. The verdict collapsed his market support from 36 % on 18 Sep to single‑digit levels by late October.
Brazil’s Congress kills key tax‑measure, raising fiscal concerns
Luiz Inácio Lula da Silva drops to 56%7%
A Reuters story reported the government’s failure to pass a key tax‑measure, prompting speculation that Lula’s administration was under fiscal pressure. The uncertainty contributed to a brief dip in Lula’s price from 63 % to 56 % on 2025‑10‑10, but the overall trend remained upward.
Congress defeats Haddad’s tax‑revenue measure
Luiz Inácio Lula da Silva drops to 43%13%
Congress voted down a tax‑revenue package that Haddad had counted on for a primary‑surplus goal. The failure hurt Lula’s fiscal narrative, pulling his price down from 56 % to 43 % by the end of October.
Quaest poll shows Lula with 39% lead over Flávio
Luiz Inácio Lula da Silva jumps to 67%12%
A Quaest poll released on 9 Oct showed Lula leading with 39 % against Flávio’s 18 %, pushing Lula’s price up to a 67 % peak on 9 Oct before a pull‑back later in the month.
Poll shows Lula leading runoff 61 % over opponents
Luiz Inácio Lula da Silva surges to 67%15%
A Reuters‑compiled poll released on 9 Oct showed Lula at 61 % in a simulated runoff, creating a short‑term surge that lifted his market price from 52 % to a high of 67 % that day before normalizing.
Lula proposes 6×1 work‑week reduction without wage cuts
Luiz Inácio Lula da Silva jumps to 57%9%
Lula announced a proposal to cut the standard 6‑day work week without salary cuts, a popular labor reform that lifted his price from 48 % to 57 %, the highest level in the window.
Lula's popularity peaks amid strong campaign momentum
Luiz Inácio Lula da Silva surges to 67%15%
Luiz Inácio Lula da Silva's market price peaked at 67% on October 9, 2025, reflecting strong campaign momentum and public support early in the election cycle.
Poll shows Lula maintains lead in all election scenarios
A Quaest poll released in early October showed Lula leading all first-round and runoff scenarios, reinforcing his frontrunner status and supporting his market price.
Diplomatic breakthrough with Donald Trump boosts Lula’s approval ratings
Luiz Inácio Lula da Silva jumps to 58%8%
Following a diplomatic thaw with former U.S. President Donald Trump, Lula's approval ratings improved, contributing to a price increase in his market share. This event positively influenced market confidence in Lula's electability.
Detente with Trump boosts Lula’s approval ratings in Brazil
Luiz Inácio Lula da Silva jumps to 67%12%
A Bloomberg report on 8 Oct 2025 highlighted a diplomatic thaw between Brazil and the United States after President Lula met former President Donald Trump at the UN. The article linked the encounter to a surge in Lula’s poll numbers, which coincided with the market’s peak for Lula at 67 % on 9 Oct 2025. The positive foreign‑policy signal boosted confidence in Lula’s re‑election prospects.
Diplomatic breakthrough with Trump boosts Lula's approval
Luiz Inácio Lula da Silva jumps to 63%7%
Following a diplomatic thaw with former U.S. President Donald Trump, Lula's approval ratings improved, which positively influenced his market price, peaking at 63% on October 12.
Finance Minister Fernando Haddad confirms studies on eliminating public transport fares
Fernando Haddad dips to 2%1%
Brazil's Finance Minister Fernando Haddad acknowledged initiatives that raised market concerns about fiscal discipline under Lula's government, contributing to some volatility and decline in Haddad's market support during October.
Legislative override of Lula's veto reduces Bolsonaro's prison sentence potential
Renan Santos rises to 7%4%
Brazilian Congress overrode President Lula's veto on a law that reduces prison sentences for sedition, potentially cutting Jair Bolsonaro's sentence by up to 20 years. This legislative victory boosted market confidence in Bolsonaro's political faction, reflected in price recoveries for related candidates.
Lula announces R$12 billion credit line for indebted farmers
Luiz Inácio Lula da Silva jumps to 48%5%
President Luiz Inácio Lula da Silva announced a significant credit program to support farmers affected by climate adversities, boosting his market confidence and price from 43% to 48%. This policy move reinforced his image as a pro-social candidate.
Lula's presidential campaign gains momentum after official announcement
Luiz Inácio Lula da Silva jumps to 51%8%
Following Lula's formal announcement to run for a fourth term, his market price surged from 43% to 51%, reflecting renewed investor confidence in his electoral prospects despite some volatility.
Lula confirms 2026 presidential bid during Indonesia visit
Luiz Inácio Lula da Silva jumps to 48%5%
On October 2, Lula officially announced his intention to seek a fourth term in the 2026 election, reinforcing his campaign stability and causing a rebound in his market price from a prior dip.
Lula announces R$ 1.6 bn Rio Doce basin investment
Luiz Inácio Lula da Silva rises to 57%2%
Lula announced a R$ 1.6 bn investment in the Rio Doce basin, boosting his image as a builder and nudging his price upward from 55 % to 57 % the following week.
Finance Minister Haddad confirms Lula will run for reelection in 2026
Luiz Inácio Lula da Silva drops to 50%5%
On September 27, 2025, Finance Minister Fernando Haddad publicly confirmed that President Luiz Inácio Lula da Silva will seek reelection in 2026, solidifying Lula's candidacy and likely contributing to market confidence in his chances.
Michelle Bolsonaro distances herself from 2026 presidential run speculation
Michelle Bolsonaro plunges to 6%46%
In late September 2025, Michelle Bolsonaro publicly downplayed rumors about her candidacy for president in 2026, leading to a sharp decline in her market price from over 50% to near zero.
Michelle Bolsonaro admits possibility of 2026 presidential run
Michelle Bolsonaro plunges to 6%46%
Former First Lady Michelle Bolsonaro publicly acknowledged the possibility of running for president in 2026, briefly boosting her market price from 1% to over 50%, before it sharply declined due to lack of sustained support.
Michelle Bolsonaro's market price collapses amid speculation and denials of candidacy
Michelle Bolsonaro plunges to 1%51%
Michelle Bolsonaro's market price fell dramatically from 52% to near 1% as speculation about her running for president intensified but she publicly denied plans to run, dampening market confidence in her candidacy.
Michelle Bolsonaro hints at 2026 presidential run amid husband's imprisonment
Michelle Bolsonaro jumps to 13%13%
Michelle Bolsonaro publicly acknowledged the possibility of running for president in 2026 while her husband awaited prison, causing a brief rise in her market price from 0% to 13% before it declined sharply.
Michelle Bolsonaro hints at possible 2026 candidacy
Michelle Bolsonaro jumps to 13%12%
Michelle Bolsonaro publicly said she might run for president, causing a brief climb from 1 % to 13 % on 26 Sep, then a sharp fall to 0 % by early October as the “Bolsonaro” brand faced legal setbacks.
Fernando Haddad announces creation of financial crimes investigation unit
Fernando Haddad plunges to 4%48%
On September 25, 2025, Finance Minister Fernando Haddad announced a new delegation to combat financial crimes, signaling a tough stance on corruption and crime. This move was seen as an attempt to bolster his political profile but did not significantly improve his electoral chances, as reflected in his market price dropping from 52% to below 5%.
Michelle Bolsonaro signals readiness to run in 2026 elections
Michelle Bolsonaro jumps to 13%8%
Michelle Bolsonaro publicly stated in an interview that she is prepared to run for office in 2026 if it is "the will of God," which caused her market price to surge from 5% to 13%. This announcement energized conservative voters and reshaped right-wing dynamics.
Renan Santos officially launches presidential pre-candidacy for 2026
Renan Santos, leader of the Movimento Brasil Livre (MBL) and president of the newly created Partido Missão, officially announced his pre-candidacy for president, generating initial market interest and a high price around 50%.
Michelle Bolsonaro signals possible 2026 presidential run amid Bolsonaro's imprisonment
Michelle Bolsonaro plunges to 6%46%
Michelle Bolsonaro admitted the possibility of running for president in 2026 if necessary, following her husband Jair Bolsonaro's imprisonment and political challenges. This admission initially kept her market price relatively high but created uncertainty about her candidacy.
Michelle Bolsonaro denies desire to be president, wants to be first lady
Michelle Bolsonaro drops to 1%5%
Michelle Bolsonaro publicly denied wanting to be president, stating she prefers to be first lady and focus on electing deputies and senators. This clarification contributed to a sharp decline in her market price as her candidacy became less likely.
Michelle Bolsonaro admits she could run for president in 2026
Michelle Bolsonaro drops to 0%12%
Former first lady Michelle Bolsonaro hinted she might run for president if needed. The brief surge in her market price to 12 % on 26 Sep vanished by 4 Oct, after she clarified she was only ‘considering’ a run, sending her price to 0 %.
Former first lady Michelle Bolsonaro admits possible 2026 candidacy
Michelle Bolsonaro plunges to 6%46%
Michelle Bolsonaro publicly admitted that she might run for president. The announcement triggered an immediate market backlash, sending her price from 52 % down to 6 % within days.
Michelle Bolsonaro signals readiness to run for presidency
Michelle Bolsonaro jumps to 13%8%
Michelle Bolsonaro publicly stated she was ready to 'fulfill God's will' to run for president, raising speculation about her candidacy. This announcement caused her market price to spike briefly before declining as doubts emerged.
Michelle Bolsonaro hints at potential 2026 run following husband's conviction
Michelle Bolsonaro plunges to 13%39%
Following Jair Bolsonaro's conviction, Michelle Bolsonaro positioned herself as a potential successor and champion of the Brazilian Right, stating she would rise like a lioness and run if it was God's will.
Michelle Bolsonaro admits possibility of 2026 candidacy amid Bolsonaro's legal issues
Michelle Bolsonaro plunges to 5%47%
Michelle Bolsonaro publicly admitted she might run in 2026 due to Jair Bolsonaro's absence from the race following his conviction and legal troubles, causing a sharp initial rise and then a steep fall in her market price as uncertainty about her candidacy persisted.
Lula condemns Bolsonaro's coup attempt in UN speech, boosting his democratic credentials
Luiz Inácio Lula da Silva drops to 42%13%
At the UN General Assembly, Lula highlighted Brazil's defense of democracy against Bolsonaro's coup attempt, enhancing his image as a defender of democratic institutions and increasing market confidence in his candidacy.
Lula confirms Alckmin as running‑mate for 2026 re‑election bid
Luiz Inácio Lula da Silva rises to 55%3%
President Lula announced that Vice‑President Geraldo Alckmin will remain his running‑mate for the 2026 election, confirming the incumbent ticket and reinforcing Lula’s lead in the market.
MBL’s Renan Santos declares Bolsonarismo imploding, opens space for new right‑wing party
Renan Santos plunges to 4%46%
Renan Santos, national coordinator of the Movimento Brasil Livre, said Bolsonarismo was “imploding,” positioning his new “Missão” party as a pragmatic right‑wing alternative. The comment coincided with a dramatic fall in Renan’s market price from 50 % (13 Sept) to 4 % (18 Oct).
Finance Minister Haddad signals imminent Selic rate cut
Fernando Haddad plunges to 3%49%
Finance Minister Fernando Haddad announced a forthcoming reduction in Brazil’s benchmark Selic rate, a message that was interpreted as a sign of improving economic conditions and contributed to a steep drop in his own market price from over 50 % to about 3 % as traders reassessed his presidential prospects.
Lula vetoes bill that would ease Bolsonaro’s prison sentence
Luiz Inácio Lula da Silva rises to 58%3%
President Lula vetoed a Senate‑passed bill that would have reduced former President Bolsonaro’s prison term. The move was presented as a defence of democracy and boosted Lula’s standing among voters, lifting his market price from 55 % to 58 % over the following week.
Finance minister Haddad creates new financial‑crime police unit
Fernando Haddad rises to 4%2%
Haddad announced the creation of a new federal financial‑crime police unit, a move that briefly raised his visibility and lifted his market price from 2 % to 4 % before it fell back.
Michelle Bolsonaro’s visibility drops amid father’s prison health saga
Michelle Bolsonaro plunges to 6%46%
After Jair Bolsonaro’s health crisis and the media focus on his incarceration, Michelle Bolsonaro’s public appearances and statements were sharply criticized, causing her market share to tumble from 52 % to 6 % within two days.
Market reacts to uncertainty over Haddad's ability to maintain Lula's support
Fernando Haddad plunges to 3%49%
Following Haddad's registration, his market price dropped sharply from 52% to 3%, reflecting doubts about his ability to consolidate Lula's voter base and the party's electoral prospects without Lula's charisma.
Renan Santos’ new party registration announced by MBL
Renan Santos jumps to 50%12%
MBL announced the registration of Renan Santos’ new ‘Missão’ party, raising his visibility and briefly lifting his market price to 50 %; the subsequent lack of momentum helped the price tumble to 4 % by mid‑October.
MBL Prepares to Launch New Political Party 'Missão'
Renan Santos plunges to 6%44%
The Free Brazil Movement (MBL) announced the creation of its own political party, Missão, which was subsequently approved by the TSE. This set the stage for Renan Santos to emerge as a potential right-wing alternative candidate.
Michelle Bolsonaro admits possibility of candidacy in 2026
Michelle Bolsonaro plunges to 0%52%
Michelle Bolsonaro publicly admitted the possibility of running in 2026 amid Jair Bolsonaro's absence, which initially raised her market price to 52%, but later she denied wanting to be president, leading to a collapse to 0%.
Early September poll shows Lula ahead with 47 % support
Luiz Inácio Lula da Silva jumps to 55%10%
The first poll after Lula announced his intention to run (late Oct 2025) gave him 47 % against a fragmented field, setting the market baseline of ~55 % that later rose to 61 %.
OAB criticizes Fernando Haddad's comments on 'precatórios industry'
Fernando Haddad plunges to 3%49%
The Brazilian Bar Association (OAB) publicly condemned Finance Minister Fernando Haddad's remarks referring to the precatórios payment system as an 'industry,' which was seen as undermining judicial decisions. This controversy likely contributed to Haddad's sharp price decline from 52% to 3% shortly after.
Poll shows Lula leading all 2026 presidential scenarios in Brazil
A Quaest poll released on September 18, 2025, showed Luiz Inácio Lula da Silva leading all first- and second-round scenarios, establishing him as the early frontrunner and supporting his market price around 55%.
Jair Bolsonaro convicted and sentenced for 2022 coup plot
Jair Bolsonaro plunges to 1%35%
On September 11, 2025, Jair Bolsonaro was sentenced to 27 years in prison for involvement in the 2022 coup attempt, removing him as a presidential contender and shifting right-wing support to his son Flávio Bolsonaro. This legal development caused Jair Bolsonaro's market price to plummet from 36% to near 1%.
Quaest poll shows >60 % rejection of Bolsonaro family for 2026 election
Michelle Bolsonaro plunges to 5%47%
A Quaest poll released on 18 Sep 2025 showed rejection rates above 60 % for Jair Bolsonaro, his wife Michelle and Eduardo Bolsonaro. The surge in negative perception of the Bolsonaro family caused the market price for Michelle Bolsonaro to tumble from 52 % to 5 % in two days.
Michelle Bolsonaro says she could run for president in 2026 if ‘God wills it’
Michelle Bolsonaro plunges to 6%46%
Michelle Bolsonaro publicly entertained a possible presidential run, raising her market price to a peak of 52 % before the same day’s rally. The next two weeks saw her price tumble to 6 % as the party shifted support to Flávio.
Luiz Inácio Lula da Silva announces run for fourth presidential term in 2026
Lula's confirmation to seek a fourth term solidified his position as the frontrunner, reassuring his base and setting the stage for the election. This announcement maintained his market price near the top despite early volatility.
Quaest poll shows Haddad at 4 % versus Lula’s 32 % on 18 Sept 2025
Fernando Haddad plunges to 4%48%
A Quaest poll released on 18 Sept 2025 showed Haddad at just 4 % support while Lula led at 32 %. The stark drop in Haddad’s numbers coincides with the market slide from 52 % to 4 % for him on 18 Sept, reflecting voter realignment after Lula’s candidacy became certain.
Brazilian presidential election market launches amid Lula's strong lead
The market opened with Luiz Inácio Lula da Silva as the frontrunner at 55%, while Fernando Haddad and Jair Bolsonaro had significant shares. This reflected Lula's announcement to seek a fourth term and his established political dominance.
Fernando Haddad officially registered as presidential candidate replacing Lula
Fernando Haddad rises to 4%1%
With Lula barred from running, the Workers' Party registered Fernando Haddad as their candidate just before the deadline, leading to a brief increase in Haddad's market price as he became the new face of the party.
Michelle Bolsonaro's candidacy prospects sharply decline amid campaign developments
Michelle Bolsonaro plunges to 5%47%
Michelle Bolsonaro's market price dropped dramatically from 52% to 5% within days, reflecting diminishing expectations of her presidential run, possibly due to her public statements denying candidacy and limited campaign activity.
Quaest poll shows Lula leads in all 2026 presidential scenarios
Luiz Inácio Lula da Silva rises to 53%1%
A major poll confirmed Lula's lead in every first- and second-round configuration, with his support ranging from 34% to 41% and Bolsonaro's from 21% to 27% in different scenarios. This established Lula as the frontrunner and set the market baseline.
Quaest poll puts Lula ahead of all rivals in 2026 presidential race
Luiz Inácio Lula da Silva drops to 41%14%
A Quaest poll released on 18 Sept 2025 showed Lula leading all first‑ and second‑round scenarios (33 % vs 18 % for Michelle). The strong showing lifted Lula’s market price from 55 % to 41 % and knocked down the odds for Michelle, Flávio, Haddad and Renan, matching the sharp price swings recorded that week.
Poll shows Lula leads all potential right-wing challengers ahead of 2026 vote
Polling data indicated Lula leading against all right-wing challengers including Bolsonaro family members, supporting his market dominance and the fragmented opposition.
Lula maintains lead in first and second-round election scenarios
Luiz Inácio Lula da Silva drops to 42%13%
A Genial/Quaest poll released on September 18 showed Lula leading with 43% in first-round scenarios and maintaining leads in second-round matchups, including against Michelle Bolsonaro who had 18%. This reinforced Lula's frontrunner status early in the analysis window.
Finance Minister Haddad resigns to launch bid for São Paulo governor
Fernando Haddad plunges to 3%49%
Finance Minister Haddad resigned to run for governor of São Paulo, removing him from the presidential race and causing his market probability to plunge from 52 % to 3 % within days.
Poll shows Lula leading, Haddad and Bolsonaro trailing badly
Luiz Inácio Lula da Silva plunges to 39%16%
A poll released on 18 Sep 2025 showed Lula far ahead while Fernando Haddad was barely in double‑digits and Jair Bolsonaro’s support collapsed. The data triggered an immediate dip in Lula’s price (55 % → 39 %) and a plunge for Haddad (52 % → 4 %) and Bolsonaro (36 % → 3 %).
Brazil's Congress fast-tracks amnesty bill potentially benefiting Bolsonaro
Jair Bolsonaro plunges to 6%30%
On September 18, 2025, Brazil's lower house voted to fast-track an amnesty bill that could reduce sentences for Bolsonaro and his supporters, raising speculation about his political future and impacting his market price negatively.
Lula leads all 2026 presidential polling scenarios, confirms re-election bid
Luiz Inácio Lula da Silva announced he will run for a fourth term, maintaining a strong lead in polls and market prices, reinforcing his position as the frontrunner for the 2026 election.
Quaest poll shows Lula leading all 2026 presidential scenarios
A poll by Quaest released on September 18, 2025, showed Luiz Inácio Lula da Silva leading all first- and second-round scenarios for the 2026 presidential election, reinforcing his frontrunner status and supporting his market price around 55%.
Lula keeps Vice President Geraldo Alckmin as running mate for 2026 bid
Luiz Inácio Lula da Silva jumps to 62%7%
Lula announced that Vice‑President Geraldo Alckmin would remain his running mate. The confirmation gave voters a clear ticket, lifting Lula’s price from 55 % to 62 % within a week, peaking at 67 % on 2025‑10‑09.
Brazilian President Luiz Inácio Lula da Silva remains front-runner in first-round scenarios
A survey by Instituto Ideia found Lula leading all first-round matchups, with a tight runoff picture against Bolsonaro, Tarcísio de Freitas, and Michelle Bolsonaro all within statistical ties.
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