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Focus On Sunday’s Presidential Election, Net Outstanding Loans Due Today

MEXICO
  • On the data front, Banxico will release net outstanding loans data for April at 1600BST(1100ET). Loans reached MXN 6.11tn in March.
  • Following that attention turns to Sunday’s presidential election, where Claudia Sheinbaum remains the clear favourite to succeed AMLO for a six-year term in office. Promising broad policy continuity, should Sheinbaum win focus will turn to the size of her alliance’s majority in the Congress.
  • The main opposition alliance’s candidate, former Senator Xóchitl Gálvez, has trailed throughout the campaign but polls have narrowed as election day approaches. Gálvez is seen as a more pro-business candidate, keen to develop the Mexican private sector and spur investment. In either eventuality Mexico is on course to have its first ever female president, with the only man in the contest in a distant third place.
    • For full preview please see PDF here.
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