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Mexican assets, including the peso, face market-moving risks as NAFTA renegotiation enters its seventh round and the presidential campaign begins ahead of a July election. Front-runner Andres Manuel Lopez Obrador is polling best, and analysts describe investors as long the peso after weak GDP data.
Political and trade uncertainty in Mexico, a major US feed and meat buyer, could weigh on peso-denominated purchasing power and trade flows, though the effect on feed prices is indirect.
gfmreview.comFeb 28, 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.
