{
  "id": 17779032,
  "title": "Brazil hedge funds suffer losses of up to 24% following election shock",
  "url": "https://urgent.news/2026/11/02/brazil-hedge-funds-suffer-losses-of-up-to-24-following-election-shock",
  "topic": "world",
  "section": "World",
  "published": "2026-11-02T10:08:00.000Z",
  "source": {
    "name": "Hedgeweek",
    "slug": "hedgeweek",
    "url": "https://hedgeweek.com/news/brazil-hedge-funds-suffer-losses-of-up-to-24-following-election-shock"
  },
  "original_language": "en",
  "account": null,
  "summary": "Brazilian macro hedge funds suffered losses of up to 24% in a single session after President Luiz Inácio Lula da Silva's unexpected re-election triggered a sharp reversal in equities, currencies and interest rate markets, according to a report by Bloomberg. The selloff followed weeks of strong gains driven by expectations that rival candidate Flávio Bolsonaro would secure victory and pursue…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}