Rightwinger seen as more likely than current president Lula to enact quick spending cuts

First-round vote raises prospect of dramatic victory for Flávio Bolsonaro, son of the former president

Son of jailed former far-right president is the unexpected favourite against Luiz Inácio Lula da Silva

Despite his hallowed status, some voters are growing disaffected with Brazil’s president in Guaribas, the cradle of his flagship Bolsa Família welfare programme

Were Flavio Bolsonaro to outperform current polling Sunday, an emerging-market fund manager see the opportunity for a sharp rally in stocks