Sunday, July 1, 2018

Investors hopeful Mexico's Lopez Obrador will veer to the center

Investors hopeful Mexico's Lopez Obrador will veer to the centerBy Rodrigo Campos NEW YORK (Reuters) - Mexican assets are poised to strengthen even if leftist front-runner Andres Manuel Lopez Obrador wins Sunday's presidential election, analysts say, on expectations he will govern from the center and as the uncertainty stemming from the race fades. Lopez Obrador, a former Mexico City mayor, holds a roughly 20-point lead over his nearest rival ahead of the July 1 vote, according to the latest polls, putting him on track to become the first leftist Mexican president since the 1930s. Strategists at Miami-based Bulltick Capital, however, are among those who believe that Lopez Obrador will pursue centrist policies once in office.




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