Markets Ready to Move on Venezuela Result

Markets Ready to Move on Venezuela Result

Venezuela Economy & Policy Bonds

Venezuela had yet to announce Presidential election results late Sunday night, with analysts expecting the market reaction to depend both on the margin of victory and the behavior of the loser. “If [President Hugo] Chavez wins and the differential is very tight, the selloff might be contained. If Chavez wins by a wide margin, there could be a more pronounced selloff,” Boris Segura, economist at Nomura, tells LatinFinance ahead of the election. A victory by opposition candidate Henrique Capriles

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial