IBOV 203,013.30 ▼ 1.01% IPSA 10,471.13 ▼ 2.56% IPC MEX 69,879.62 ▼ 0.01% MERVAL 3,017,221 — — COLCAP 2,476.96 ▼ 2.49% BVL PERÚ 57,093.72 ▼ 0.69% USD/BRL5.46▲ 9.75% USD/MXN18.59▼ 0.45% USD/CLP992.57▼ 0.28% USD/COP3,150▲ 0.60% USD/PEN3.44▼ 0.33% USD/ARS1,539▲ 0.64% USD/UYU40.08▼ 0.01% USD/PYG5,735▼ 0.44% USD/BOB11.82▲ 0.34% USD/DOP60.35▼ 1.26% USD/CRC450.04▼ 0.53% USD/GTQ7.64▼ 0.07% USD/HNL26.87▲ 0.02% USD/NIO36.62— 0.00% USD/VES885.08▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 0.20% EUR/BRL5.60▼ 0.24% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 203,013.30 ▼ 1.01% IPSA 10,471.13 ▼ 2.56% IPC MEX 69,879.62 ▼ 0.01% MERVAL 3,017,221 — — COLCAP 2,476.96 ▼ 2.49% BVL PERÚ 57,093.72 ▼ 0.69% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Monday, October 26, 2026

Spain’s Right Joins Forces for the Senate

By · October 26, 2026 · 4 min read
Alberto Núñez Feijóo, leader of Spain's People's Party, raising a thumb on stage
Alberto Núñez Feijóo, leader of the PP, on stage. File photo.

Published Monday, 26 October, 10:22 a.m. ET (3:22 p.m. Madrid) · Source: Vox and PP announcements, Kalshi, Polymarket.

Spain’s two big conservative parties just agreed to stop competing with each other for the Senate, to avoid splitting the right-wing vote. On Monday, 26 October, Vox, the right-wing party led by Santiago Abascal, said it will skip Senate races in six provinces and field only one candidate in 14 more, while the People’s Party (PP) will sit out three, ahead of the Spain Election 2026 vote on 29 November.

Key Facts

  • What happened: Vox skips six Senate races and fields one candidate in 14 more; the PP skips three.
  • Who decided: Vox and PP leaders; PP secretary general Miguel Tellado announced it at a news conference.
  • What next: Spain publishes the submitted candidate lists on Wednesday, 28 October; voters go to the polls on 29 November.
  • Prediction markets: Kalshi, a US-regulated prediction market, priced Feijóo at 82% to be prime minister (10:19 a.m. ET, 26 October).

This story is part of our coverage of the Spain Election 2026. Dates, times and how to follow it are in our guide.

Latest: Spain's Election Candidate Lists Due Monday

In plain English

Spain elects two chambers. The Senate is the upper house, and in each province voters mark up to three names on a ballot.

The PP is the main conservative opposition party. Vox sits to its right, and the Socialist Workers’ Party (PSOE) of Prime Minister Pedro Sánchez leads the government.

Why a Senate Pact Is Needed

If two allies split the same voters, a rival bloc can win seats that the allies would have taken together.

The left moved first. The PSOE, the left-wing Frente Amplio alliance and regional left parties registered a joint Senate ticket late on 16 October. Abascal then offered the PP a similar deal, and PP leader Alberto Núñez Feijóo said it would be “a mistake” to hand the left control of the Senate.

What Each Side Gives Up

Vox will not field its own Senate candidates in Las Palmas, Santa Cruz de Tenerife, Cádiz, Valencia, Castellón and the Balearic Islands. In those provinces the PP will place an independent candidate proposed by Vox on its list, in second or third position.

In 14 other provinces, Vox will present a single candidate: Sevilla, Huelva, Asturias, Badajoz, Álava, Navarra, Cáceres, Huesca, Zaragoza, Alicante, Granada, Cuenca, Pontevedra and Jaén.

In return, the PP will not run in Gipuzkoa, Girona and Tarragona. Tellado said the PP has never won a Senate seat in Girona or Tarragona, and has long gone without one in Gipuzkoa.

Why Judges Are the Real Prize

The PP won an absolute Senate majority in 2023, and both parties want to keep it. They also aim for three-fifths of the chamber, the threshold needed to choose members of the Constitutional Court and the General Council of the Judiciary, the body that governs Spain’s judges.

Tellado called the deal “good news” and said it aims “to protect the centre-right majority in the Senate” from the radical left. Vox said the two parties have very different platforms, but share the need to “expel Pedro Sánchez’s criminal organisation” from public institutions, as it put it.

What Prediction Markets Say

On Kalshi, the market “Prime Minister of Spain after the next election?” priced Feijóo at 82%, Sánchez at 19% and Abascal at 3% on 26 October at 10:19 a.m. ET, with 24,483 contracts traded. Kalshi is regulated in the US by the Commodity Futures Trading Commission (CFTC).

On Polymarket, a crypto-based exchange, the PP was priced at 81% to win the general election, with US$206,411 traded. These prices are bets, not polls, and each market is priced separately, so totals need not equal 100%.

Why we show this: prediction markets turn real-money bets into a live probability that moves within minutes of the news, which is why investors, campaigns and newsrooms in the United States now follow them closely. We show them next to polls and official results, never instead of them.

What It Means for US Readers

Spain is a NATO member and a large European economy, so who controls its Senate affects how easily a conservative government could appoint judges and push through laws. US investors in Spanish assets will watch whether the right wins both chambers.

What Is Not Known

Vox has not named its independents for the six PP lists, or its 14 single candidates. Election authorities still have to validate every list.

Frequently Asked Questions

What did Vox and the PP agree on for the Senate?

Vox will not run in six provinces and will field one candidate in 14 more. The PP will skip three provinces where it has never, or not for 26 years, won a Senate seat.

Why does the Senate matter in Spain?

Three-fifths of the Senate is the threshold for renewing the Constitutional Court and the General Council of the Judiciary, which governs judges. The PP won an absolute majority there in 2023.

Editorial responsibility: Matthias Camenzind, Editor-in-Chief · Editorial standards · Report an error

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