Colombia: legislative elections pave way for Duque

Right and centre-right parties secured the most seats in yesterday’s legislative elections in Colombia, bolstering the chances of an Iván Duque presidency and dealing a blow to left-wing candidates – including the populist, Gustavo Petro. Markets are likely to open a bit higher, but the rally could be tempered by concerns about what a Duque presidency would mean for the FARC peace deal.

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