Market Volatility To Persist Up To Second Round

The most recent voting intention poll to come out of Peru confirms our view that the final result remains very difficult to call, given that only 6 percentage points (pp) separate Ollanta Humala and Keiko Fujimori. Moreover, the poll - published on April 25 - indicated that fully 12% of those questioned had not yet decided who to vote for on June 5. We reiterate that securing the votes of the largely urban-based centre-right section of the electorate will be crucial in determining who Peru's next president will be. As we have previously suggested, Alejandro Toledo's supporters

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