Keiko Fujimori leads the runoff matchup against Roberto Sánchez Palomino for Peru’s June 7 presidential vote following official first-round results that placed her at roughly 17 percent and him at 12 percent. Traders assign her a strong edge due to her established congressional bloc, prior campaign infrastructure from three earlier runs, and positioning as the primary conservative alternative amid ongoing concerns over security and economic stability. Sánchez, endorsed by imprisoned former president Pedro Castillo, draws support from left-leaning voters but faces elevated rejection levels that limit broader consolidation. Recent polls show the pair nearly tied in head-to-head preferences, yet market pricing reflects skepticism that Sánchez can overcome Fujimori’s organizational advantages and the country’s recent pattern of right-leaning congressional majorities. The outcome hinges on turnout in urban centers and any late shifts in undecided or blank-vote blocs before the June contest.