# Markets sweat over Mexican president's 'true colours' on inauguration eve

> Mexico's S&P/BVM IPC stock index had fallen 18% since its post-election peak on August 28, and the peso had lost about 8% against the dollar. Lopez Obrador said in an interview that the market drop was part of the reason for his comments. Investors were reacting to uncertainty ahead of his inauguration.

- Date: 2018-12-01 · published 2018-12-01T12:00:00.000Z
- Category: market · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/61775-markets-sweat-over-mexican-president-s-true-colours-on-inauguration-eve
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Political uncertainty and peso weakness raise the cost of dollar-priced feed imports for Mexican buyers, while the risk of policy shifts adds volatility to Mexican feed demand expectations.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/us-mexico-politics/markets-sweat-over-mexican-presidents-true-colors-on-inauguration-eve-idUSKCN1NZ1SC/?feedName=worldNews&feedType=RSS

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.