Latin America elections outlook: The shift to the political right is in motion
|Summary
Always—but especially over the next twelve months—political developments across Latin America will be paramount for investors and corporates with exposure to the region. Rapid policy change across the major Latin American economies could take shape depending on election outcomes, while local financial markets may experience sharp pre- and post-election volatility as policy platforms emerge and elections are decided. As we have noted in the past, we believe Latin America is headed toward its second "Conservative Wave"—an expression to reflect our view that right-leaning policy platforms will win all the upcoming elections through the end of next year. This "Conservative Wave" trend started in 2024, gathered momentum in 2025 and is still on track to continue in 2026. In this note, we offer updated views on major regional elections and policy platforms that could be implemented, along with our perspective on the longer-term direction of local currencies as a result of each election.
Download The Full Latin America elections outlook
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.