most of The exchanges have opened to win the European elections with the course. Of the of many investors feared significant shift to the right from remained to a large extent. Populists will remain for the markets still a risk.
The Euro on Monday moved the morning hardly. The European common currency even sets up easily on 1,1210 Euro. Dealers spoke of a quiet situation on the foreign exchange market.
for More rate information the Euro in US dollars
gains on Europe’s stock markets
most of The exchanges in Europe to open with gains. The Dax is rising 0.7 percent, the Euro STOXX 50 index gaining 0.6 percent, the French Cac 40 increased 0.5 percent.
for More course information to the Dax
expected information about the Euro STOXX 50
Additional course Additional course information to FRA 40
Of the European elections at the weekend, a dealer is that there is no greater burdens on the stock exchanges. While the national parties have lost many votes, the feared political earthquake occurred. Significant gains, especially Liberals and greens to be recorded, according to initial Trends.
the Pro-European forces retain a majority in the Parliament
In France and Italy, far-right party to emerge tables parties, probably as the winner. “Despite these gains, on the right edge of the majority in the EU Parliament, but they are still predominantly pro-European forces”, commented the Landesbank Baden-Württemberg (LBBW). In addition, the right-wing populist parties have shown rare Unity in their voting behavior.
The Fears of a Takeover of the EU-Parliament, the populists were most exaggerated, says Frank Engels, head of portfolio management at Union Investment. In addition, the Parliament has only limited Power. It can, for example, no legislative proposals. This competence lies with the EU Commission.
“Wake-up call for the capital markets”
on the Other hand, it is likely that the uncertainty around the political course of Europe after the elections. This could just deter international investors. Bond market expert angel therefore sees the election result as “a Wake-up call and burden for the European capital markets”. It is a “populist-premium the threat”. In contrast to the Situation in the USA is not a populist President, but a large number of populist parties with anti-acted-European motifs.
Jörg Krämer, chief economist of Commerzbank, sees the economic Outlook for Europe is skeptical. “It is in the EU even more difficult to find majorities.” The trade of incriminating conversations with the United States. The good performance of the Italian Lega will exacerbate the budget conflict with the EU. “And in Germany, uncertainty about the future of the black will rise after the heavy losses for the SPD and the CDU-red coalition.”
feared, DZ Bank, to Spread the growing influence of the populists of spreads in the European bond markets could lead. The risks would be underestimated on the market. According to DZ Bank the risk of a departure from the previous policy of reform waxes, especially in the peripheral countries.
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1/8 the Experts agree on the outcome of the European elections
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