IBOV 204,169.46 ▲ 0.02% IPSA 10,714.47 ▼ 0.61% IPC MEX 69,889.73 ▼ 0.51% MERVAL 3,017,221 — — COLCAP 2,517.61 ▼ 0.43% BVL PERÚ 57,021.19 ▼ 0.49% USD/BRL5.03▼ 0.22% USD/MXN18.67▼ 0.23% USD/CLP994.75▲ 0.87% USD/COP3,146▼ 1.58% USD/PEN3.45▲ 0.37% USD/ARS1,528— 0.00% USD/UYU40.08▲ 2.99% USD/PYG5,760▲ 3.42% USD/BOB11.78▲ 3.59% USD/DOP61.09▲ 2.49% USD/CRC452.44▲ 2.51% USD/GTQ7.64▲ 3.15% USD/HNL26.87▲ 3.24% USD/NIO36.62▲ 2.68% USD/VES884.01▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 2.14% EUR/BRL5.63▼ 0.10% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 204,169.46 ▲ 0.02% IPSA 10,714.47 ▼ 0.61% IPC MEX 69,889.73 ▼ 0.51% MERVAL 3,017,221 — — COLCAP 2,517.61 ▼ 0.43% BVL PERÚ 57,021.19 ▼ 0.49% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Friday, October 23, 2026

Brazil Politics

Brazil’s Lula, Fachin Share Independence Day Tribune as Opposition Rallies

By · September 7, 2026 · 4 min read
independence day - Lula and Fachin at parade tribune
Brazil’s Independence Day military parade in Brasília, seen here in an earlier year. (Photo: Marcelo Camargo/Agência Brasil)

Brazil · Politics

Brazil’s Independence Day split between a state parade in Brasília and opposition protests in São Paulo, as a Supreme Court crisis simmers.

Key Facts

  • What happened:President Lula attended the Independence Day parade in Brasília with top officials.
  • Who was there:STF chief Edson Fachin, Senate and Chamber heads joined Lula on the tribune.
  • The catch:Only one Supreme Court justice, Edson Fachin, appeared at the parade.
  • What else:Opposition led by Flávio Bolsonaro rallied on Avenida Paulista against Justice Moraes.
  • What comes next:Full Supreme Court may decide on investigating Moraes over banker messages.

Runoff · Sunday, 25 October

Brazil Runoff 2026: Lula vs Flávio

Date, polls, debates, odds and how the runoff works, updated every day.

Read our Brazil election 2026 runoff guide →

Brazil runoff polls · Polymarket and Kalshi odds · When results come · Brazil election poll data (CSV)

Prediction markets · who wins the runoff

Implied chance of winning Brazil’s presidency on 25 October, from traders’ prices.

Polymarket

Flávio Bolsonaro 75.9% · Lula 23.5% (US$193 million traded)

Kalshi (regulated in the US by the CFTC)

Flávio Bolsonaro 77% · Lula 25%

As of 23 October, 12:40 pm ET (17:40 Lisbon), updated every 20 minutes. Prices are bets, not polls, and can move fast.

Why we show this: prediction markets turn real-money bets into a live probability that moves within minutes of the news, which is why investors, campaigns and newsrooms in the United States now follow them closely. We show them next to polls and official results, never instead of them.

Brazil’s Independence Day on Monday saw President Lula share the official tribune with the heads of the other two branches. The opposition, meanwhile, rallied in São Paulo against a Supreme Court justice.

A Divided Independence Day

Brazil marked its Independence Day on 7 September 2026 with two very different scenes. In Brasília, President Luiz Inácio Lula da Silva attended the Civic-Military parade on the Esplanada dos Ministérios.

With him on the tribune stood the heads of the other two branches. They were Supreme Federal Court president Edson Fachin, Senate president Davi Alcolumbre and Chamber of Deputies president Hugo Motta.

Only One Justice at the Parade

The STF is Brazil’s highest court, similar to the U.S. Supreme Court. Its presence at the parade was notable because only its president, Edson Fachin, attended.

Magazine Veja reported that at the start of the parade, Fachin was ‘the only representative of the STF’ on the tribune. Newspaper O Globo had earlier said that justices closest to Lula were expected to stay away.

A Signal of Unity?

The presence of the three branch heads together is often read as a sign of institutional unity. This year it lands in the middle of a crisis involving a justice and a banker.

The STF is investigating messages between Justice Alexandre de Moraes and banker Daniel Vorcaro. Vorcaro owned the now-liquidated Banco Master and has been in custody since the Federal Police re-arrested him in March 2026.

The Moraes-Vorcaro Case Explained

The Federal Police prepared a report on messages exchanged between Vorcaro and Moraes. Justice André Mendonça is the rapporteur, meaning he oversees the case.

Mendonça referred the matter to the full 11-justice bench on 1 September 2026. Legal scholars say the Court has no settled rule forcing him to do so, making the referral his own choice.

Fachin’s Role

As STF president, Edson Fachin controls the court’s agenda. He has set a deadline of 11 September for those involved to submit clarifications.

Fachin will decide whether to send the case to the plenary for a vote. No date has been set for that session.

Opposition Rallies in São Paulo

On Avenida Paulista in São Paulo, Senator Flávio Bolsonaro led an Independence Day protest. The rally focused on criticizing Justice Moraes and demanding his impeachment.

Bolsonaro said he hoped the full STF would authorize an official investigation of Moraes. Pastor Silas Malafaia, an ally of former President Jair Bolsonaro, also confirmed his presence.

Political Pressure

Opposition lawmakers have pressed for impeachment since the police report became public on 1 September. They have also demanded investigations of Federal Police chief Andrei Rodrigues and Prosecutor-General Paulo Gonet.

The opposition argues that Moraes acted improperly in his dealings with Vorcaro. Moraes has not been charged with any crime.

Props, Absences and a House Arrest

The Novo party and Minas Gerais governor Romeu Zema brought a panel showing Moraes behind bars. Supporters queued to pose as if arresting him.

Michelle Bolsonaro did not travel to São Paulo. She stayed with her husband Jair Bolsonaro, who spent the holiday under house arrest in Brasília.

Frequently Asked Questions

What is the Supreme Federal Court (STF)?

The STF is Brazil’s highest court, similar to the United States Supreme Court. It has 11 justices, who serve until mandatory retirement at 75.

Why is Justice Alexandre de Moraes under scrutiny?

He exchanged messages with banker Daniel Vorcaro, which are now under investigation. The case questions whether their relationship influenced judicial decisions.

What did the opposition do on Independence Day?

They held a rally on Avenida Paulista in São Paulo, led by Senator Flávio Bolsonaro. The protest called for Justice Moraes’s impeachment.

What happens next in the Moraes case?

The full STF bench may decide whether to formally investigate Moraes. STF president Edson Fachin has set a deadline for clarifications.

Sources: Metrópoles; Poder360; Congresso em Foco; Revista Oeste; InfoMoney; Senado Federal.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

Free · Any country in the world · Prediction markets
Want prediction market reports on your country?
Pick any country in the world. Your report arrives the moment you confirm, then every Sunday: what the markets say about elections, currencies and policy there, with volumes and plain-English explanations.
Free. We first send you an email to confirm your address, and nothing else arrives until you click its link. You then get your country report right after you confirm, then every Sunday and our free daily briefing for your region. Unsubscribe with one click at any time; see our privacy policy.
RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →
The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.