Comments from Mexican presidential election winner Lopez-Obrador
There will be fiscal discipline, no deficit and the government won't raise taxes
Will have a frank dialogue with the US and seek better relations
Majority of cabinet designated during election will take their posts
Says he will not use the presidential plane
Says his children will not form part of his government
Lopez-Obrador, known as AMLO, won 53.6% of the vote, crushing the second place winner who had 22.6%. Trump said he intends to hold off on signing a NAFTA deal until after the US midterm elections.
The Mexican peso has bounced around today but USD/MXN is currently higher. Overall, the volatility is modest, suggesting this was priced in.
