Free Trial

Mexicans Cast Votes In Gubernatorial Elections Expected To Strengthen Morena

MEXICO

Mexico's ruling Morena party is expected to consolidate its grip on power in the wake of gubernatorial elections held Sunday in six opposition-controlled states, with its candidates expected to win at least four of the races, even as opposition parties struck agreements to field joint candidates.

  • Voters in in Aguascalientes, Durango, Hidalgo, Oaxaca, Quintana Roo, and Tamaulipas can cast their votes until 18:00 local time, which means polling stations in some of these states have just closed.
  • Opinion polls suggested that Aguascalientes and Durango should remain under control of opposition parties, but four victories would still mean that Morena controls two-thirds of gubernatorial seats in the country.
  • A strong showing from Morena candidates would also allow AMLO to consolidate his position within the ruling party, giving him a greater say in nominating the party's candidate to succeed him after the 2024 presidential election.
  • The performance of the Institutional Revolutionary Party (PRI), a former hegemon on Mexico's political scene, will be watched. Failure to win any of the races could accelerate its demise, leaving it in control of just two governorships.

To read the full story

Close

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.