Sydney — Asian share markets were burdened by fresh losses in China on Monday, while Mexico’s peso firmed as exit polls pointed to a decisive victory for presidential front-runner Andres Manuel Lopez Obrador’s party. Dealers said the clear win would at least settle one source of political uncertainty. Yet leftist Obrador is also expected to inject a dose of nationalism into government and sharpen divisions with US President Donald Trump. The dollar was down 0.7% at 19.7686 pesos, not far from last week’s trough around 19.5580. Trump also loomed large in oil markets with crude taking a spill after he tweeted that Saudi Arabia had agreed to lift oil production by "maybe up to 2,000,000 barrels". The missive was later downplayed by the White House and Saudi Press Agency. Brent crude lost $1.06 to $78.71 a barrel, while US crude fell 94c to $73.21. The pullback was modest given that US crude rallied more than 8% last week, while Brent gained more than 5%. In equity markets, Shanghai blu...
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