Reported 4 months ago
Investors in Mexico are closely watching the upcoming presidential election, where the ruling party Morena seeks to secure a supermajority in Congress, potentially leading to constitutional changes that could impact markets. While frontrunner Claudia Sheinbaum is expected to win, uncertainties remain about her policies, including potential market-friendly measures. Analysts predict that the election outcome, ranging from a status quo to a Morena supermajority, will influence asset movements and market volatility, with implications for the Mexican peso's performance and potential credit downgrades. The US presidential election in November is also seen as a significant factor that could impact Mexican assets.
Source: YAHOO