The latest opinion poll in Mexico suggests that the left-leaning Andrés Manuel López Obrador has made a late charge ahead of July’s presidential election. That has coincided with a sharp sell-off of the peso. However, Enrique Peña Nieto is still on course to win, while the main threat stemming from a victory for Mr. López Obrador is another period of policy paralysis rather than extreme policymaking. As such, global risk appetite looks set to continue to drive movements in Mexican markets.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.