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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
CHILE
Political betting markets have leftist candidate Gabriel Boric as the strong favourite over right-winger Jose Antonio Kast ahead of the second round of the Chilean presidential election taking place on 19 December.
- Boric stands with a 74.1% implied probability of victory, compared to 22.2% for Kast (the sum is not 100% as the market opened before the first round, meaning other candidates were inlcuded in the betting).
- All opinion polls in December have shown Boric leading Kast by margins ranging from 2.3% to 13.9%.
- The large number of 'Don't knows' as well as moderate are likely to decide the result, with both candidates having to tack to the centre during the second-round campaigning.
Chart 1. Implied Probability of Chilean Presidential Election Winner, %
Source: Smarkets
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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