Mexico says modeling impact of U.S. election, will act if needed

Market volatility ahead of the U.S. election has given Mexico the chance to model how the Nov. 8 vote could affect banks and corporations, Finance Minister Jose Antonio Meade said on Friday, adding that the government was ready to act if needed. The peso currency has been whiplashed by fears of victory for Republican candidate Donald Trump, who has vowed to build a massive southern border wall and threatened to ditch a trade deal with Mexico and Canada if he cannot recast it in the United States