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French Fate And British Snaps

By Kurt Osterberg · On April 23, 2017

We are back from the vacation just in time for the biggest political event of 2017: the French elections. We look at the potential market reactions and the probabilities of the various scenarios. We cross the channel for more election news from the UK and discuss the impact on the pound before previewing a busy week.

French elections 2017: The world is watching France with a totally open election featuring the extreme right, the center-right, the center and the extreme-left. What are the odds of an extreme run-off and how much will the euro fall? What will happen if the mainstream candidates make it through? If you are hearing this after the results are known, you may know if were right or wrong and in any case, there is another round in two weeks.

British snap election: Theresa May made a 180 degree turn with her announcement on an election on June 8th. Markets are hoping for a 180 also on her stance towards Brexit, making it softer. Can the pound rally continue? The elections are not the only thing on the agenda.

Preview: The last week of April features key figures from the US, with the hard and soft data going head to head and as Trump reaches his first 100 days in the Oval Office. Is the US economy grinding to a halt?

Listen to the podcast herbelow:

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Audio length: 00:25:44