The Workers’ Party’s April national congress endorsed a manifesto that explicitly prioritizes President Luiz Inácio Lula da Silva’s re-election bid, with party president Edinho Silva committing resources to his candidacy over competing state races. Lula’s March confirmation of Geraldo Alckmin as running mate and subsequent calls for intensified party mobilization have reinforced internal unity ahead of the October general election. Traders view the August 15 filing as largely procedural given the absence of credible alternative nominees and Lula’s continued public engagement. This alignment of leadership signals and electoral timeline explains the elevated consensus around timely nomination, though health developments or sudden internal shifts could still alter the outcome before the deadline.