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Mexican Elections
Mexican Elections

Federal Elections held on Sunday in Mexico yielded unexpected results as the incumbent Morena party gained the public’s backing both for the presidency as well as in Congress.

  • Ruling party candidate Sheinbaum was elected with roughly 60% of the vote, 30 percentage points more than the opposition
  •  Morena, PT & PVEM obtain a majority in Congress (Including a qualified majority in the lower house) and will likely not face major opposition for their attempts at reform, including disruptive ones
  • Result highlights the opposition’s overall weakness
  • Mexican stock, bond and FX markets react negatively to the news in the immediate aftermath, shedding value 
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