Pulse Forward 14 | USA's big bet on beans

SPOTLIGHT

The U.S.-Mexico trade landscape in 5 key facts

The dollar, the peso, and the impact of elections on markets.

BY LUKE WILKINSON

1 • Political change On June 3, Claudia Sheinbaum’s Morena Party won a landslide victory in Mexico, forming a left-wing coalition to take over from long-serving president Andres Manuel López Obrador. The strength of the victory created a shock in Mexican markets, causing the peso to lose more than 13% of its value since the first week of July.

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