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Peru's President Martín Vizcarra proposed constitutional reforms in a July 28 speech, including banning consecutive congressional terms and requiring gender-balanced party slates, and scheduled an October 7 referendum on them. GDP grew 5.4% in Q2 on agriculture and fisheries, but June growth slowed to 2%, and Q3 growth is forecast at 2.7%.
Political uncertainty is mostly a domestic issue, but the fishing and mining slowdown signals reduced Peruvian fishmeal output if the second fishing season underperforms, which could tighten global fishmeal supply and support prices.
globalsourcepartners.comRoberto Abusada, Jose ValderramaSep 14, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
