Equity markets are quite volatile again on Tuesday as the US500 has already managed to erase much of the gains seen during the start of the US session. Europe is still green with UK100 and POR20 up by more than 0.6% but some of the optimism from the early trading has evaporated. The biggest swings are seen in Brazil where BRAComp is up 2.7% today. This marks only a partial recovery of yesterday’s slump from the highest opening of the decade after it was confirmed that Jair Bolsonaro would become the president. Meanwhile MEXComp is down 0.5% as investors are concerned about implication of cancellation of the huge airport project.
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