With a trade kerfuffle bruising investors, assets across emerging markets started the week with more declines.
Mexico’s peso reversed early gains to weaken 1.1 percent against the dollar by 3:11 p.m. in London after 64-year-old leftist Andres Manuel Lopez Obrador’s landslide election victory, according to the earliest figures announced by officials. The zloty, rand, lira and yuan also fell as the Bloomberg Dollar Spot Index rose 0.6 percent.