Political Uncertainty To Continue Hurting Markets

The two candidates for the Peruvian run-off presidential election on June 5 have now been confirmed as Ollanta Humala and Keiki Fujimori. Humala emerged from the first-round vote as the clear front-runner, garnering 31.8% of the vote, compared with 23.5% for Fujimori and 18.7% for third-place candidate Pedro Pablo Kuczynski. In addition, he is reported to have won in between 18 and 20 of Peru's 24 region, and this broad-based support implies he has a good chance in the run-off

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