AMLO's triumph increases risks in the oil sector: Moody's #

CDMX.- The Rating Agency Moody's says that the triumph of Andrés Manuel López Obrador this Sunday in elections presidential increase the risks in the oil sector and financial volatility

In a statement the day after the presidential election the agency rating notes that she sees an increase in political uncertainties and detailed that will inform later on the trajectory of sovereign rating of the country and the possible impacts on medium-term economic growth.

The agency added that it considers unlikely that the impact policies materialize Private banking activities in Mexico in the medium term.

"The course of the administration of López Obrador will be somewhat uncertain this year as it develops The political transition and its influence on the short-term fiscal outlook are beginning to be felt," said l & # 39; 39; agency.

Moody's acknowledged that López Obrador will benefit from a good macroeconomic starting point at the beginning, which will allow him to maintain a rating of "A3 / stable outlook, the highest of the three ratings.

" The next administration will have a favorable macroeconomic starting point, as indicated in the latest sovereign rating report, which puts medium-term growth in the right direction. "

Predicts that financial markets will remain exceptionally volatile and fearful with negative consequences for the exchange rate and market yields.