Brazilian stocks led global gains and the currency jumped after lower house chief Eduardo Cunha started a process to oust President Dilma Rousseff, boosting speculation the political crisis that has paralyzed the country is closer to an end.
All except eight of the 63 shares in the Ibovespa rose, with state-run Petroleo Brasileiro SA and Banco do Brasil SA posting the biggest advances. A gauge of financial shares surged the most in a year. The currency climbed 1.5 percent. Brazil’s bond risk fell for the first time in seven days as its benchmark overseas notes advanced.
Brazil Energy Insight 
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