Mexico Populist Steals Investor Spotlight as Nafta Woes Ease

  • Mexican assets vulnerable after recovering from Trump hit
  • Andres Manuel Lopez Obrador’s populist stances cause concern

Mexico Candidate Andres Manuel Lopez Obrador Blasts Trump

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The calm that’s settled over Mexico trading is at risk of getting upended.

With White House officials saying they’re confident a trade deal can be reached to benefit both Mexico and the U.S., the peso has regained more than half of the losses it saw after Donald Trump’s victory pushed it to record lows. Talks aren’t expected until late this year, allowing investors to turn their attention to the next big risk for the Latin American country: a presidential win by opposition candidate Andres Manuel Lopez Obrador, known as Amlo.