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Seeking Alpha reports that rising political risk is weighing on the Colombian peso and stocks ahead of the May presidential election. The article cites a leftist candidate leading in polls and ELN guerrilla attacks that cut January oil production.
A weaker peso raises the local cost of imported feed inputs for Colombian producers, and oil supply disruptions affect the country's export earnings.
seekingalpha.comMar 12, 2018Not 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.
