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
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...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment