High Volatility continues? German Election leaves markets with unoptimistic trend…

September 25, 2017

German Elections Results: Who Will Control Europe’s Most Powerful Economy?

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High Volatility continues? German Election leaves markets with unoptimistic trend…

This article is originally referred from AvaTrade News

Long Live the Chancellor! Angela Merkel Has Won Her 4th Term in Office.

Angela Merkel emerged victorious in the German Federal Elections on Sunday! Merkels CDU party (“Blacks”) collected 33% of 70 million voters, while their main rival SPD (“Reds”), led by Martin Schulz, remained only at 20.5% of the votes.

While having Angela Merkel in office for a 4th term, indicates stability for German and European economies, the markets were not very optimistic after the far-right groups gained significant strength in parliament.

Now investors worldwide are focused on the coalition Merkel will form, hoping that the centralist-approach will continue.

Will Merkel form pro-EU coalition, or surprise the world by adapting to far-right trend?

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