We've seen the Eurosceptic party's poll rather well, gaining a larger share of representation in the EU parliament

Chris Weston

Pepperstone

We've seen the Eurosceptic party's poll rather well, gaining a larger share of representation in the EU parliament. While this was always expected, it seems the degree to which they picked up seats was above expectations. In Greece the anti-EU party Syriza polled more votes than the current ruling coalition New Democracy and thus we have subsequently seen Syriza leader Alexis Tsipras saying the election sent a message against austerity and that snap elections are necessary. This could be hugely significant as a snap election would hold the premise to a spike in volatility, with fears of Greek exit surfacing again. The Greek bond market will be a guide.


Chris Weston
Head of Research
Pepperstone

Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...

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