Mexico Election Official Quick Count Shows Lopez Obrador Ahead With Between 53 And 53.8% Of Votes - Reuters

Omkar Godbole FXStreet Contributor

Reuters news is quoting election authority as saying that quick count shows Lopez Obrador is ahead with between 53% and 53.8% of votes.

So, the stage is set for the most left-wing government in decades in Mexico at a time. "We have witnessed today a very profound reshaping of the country's political map," Goldman Sachs economist Alberto Ramos said, according to Reuters news and added further that, "the balance of power at the federal and local levels has definitely shifted to the left, with unclear implications for the near-term policy direction."

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Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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