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Brent crude slides below 110 dollars and Brazil stocks sink after Lula win, CoinDesk reports
- Brent crude slides below 110 dollars and Brazil stocks sink after Lula win, CoinDesk reports — CoinDesk reported Brent crude is down more than 6 percent from Friday's high, trading just below 110 dollars a barrel as hopes of a deal between the US and Iran ease fears of further escalation. Brazil's stock market fell 20 percent after Luiz Inacio Lula da Silva secured a fourth term, with the iShares MSCI Brazil ETF down 26 percent in pre-market trading, while Bitcoin held just above 80,000 dollars and gold traded slightly above 4,000 dollars an ounce. (CoinDesk)
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