EU Elections

[Caseynotes]

UK at the polls today, other countries up til the 26th. Results expected to come in starting the evening of the 26th though presumably there will be speculation on exit polls before then.

https://www.telegraph.co.uk/politics/2019/05/23/european-elections-2019-results/

[Caseynotes]

ING infograph on outcomes and possible effect on eurusd and bonds. 

Did see a report yesterday that said if the Brexit party comes in as per some of the more favourable polls that they could top Germany's CDU as the largest single party in the European parliament, eurusd to 1.08?

[Caseynotes]

Current projection;

[phillo]

Regional Elections In Germany also   https://www.theguardian.com/world/2019/may/23/in-germanys-smallest-state-traditional-politics-is-in-tatters-bremen-germany

[Caseynotes]

SPD and CDU look troubled.

[dmedin]

Nazis, Satirists and Communists all sitting together. 

[Caseynotes]

 

Center left and right parties look to be in trouble as interim results start to come in.

The #AfD could become the strongest party in #Brandenburg at the #2020 European Election. This is the interim result after 2,181 counties out of a total of 3,811. (As of 19:15)

[Caseynotes]

Le Pen ahead of Macron in first count.

 

[Caseynotes]

No result for UK yet but latest projection is;

UK (European Election), BritainElects projection:

Vote share BREX-EFDD: 31.6% (+31.6)

LAB-S&D: 19.1% (-5.3)

LDEM-ALDE: 18.9% (+12.3)

CON-ECR: 12.4% (-10.7)

GREENS-G/EFA: 9.8% (+2.9)

[Caseynotes]

Greek leader Tsipras calling a general election following defeat, Le Pen calling on Macron to do the same.

UK counts coming in 10%, Brexit lead, Lib dems second.

BREX-EFDD: 32.0%

LDEM-ALDE: 20.1%

LAB-S&D: 16.2%

GREENS-G/EFA: 11.4%

CON-ECR: 7.6%

SNP/PC-G/EFA: 4.5%

UKIP-ENF: 4.1%

ChUK-ALDE/EPP: 3.0%

[Caseynotes]

UK, 21% counted: BREX-EFDD: 31.8% LDEM-ALDE: 19.4% LAB-S&D: 16.3% GREENS-G/EFA: 11.0% CON-ECR: 8.0% SNP/PC-G/EFA: 5.9% UKIP-ENF: 3.9% ChUK-ALDE/EPP: 3.2%

[Caseynotes]

Greens catching up on Lab; 

UK (GB), 30% counted: BREX-EFDD: 31.5% LDEM-ALDE: 19.4% LAB-S&D: 14.8% GREENS-G/EFA: 11.3% CON-ECR: 8.3% SNP/PC-G/EFA: 6.5% UKIP-ENF: 3.6% ChUK-ALDE/EPP: 3.1%

[Caseynotes]

UK (GB), 41% counted: BREX-EFDD: 30.5% LDEM-ALDE: 21.0% LAB-S&D: 15.2% GREENS-G/EFA: 12.4% CON-ECR: 8.7% SNP/PC-G/EFA: 3.7% UKIP-ENF: 3.3% ChUK-ALDE/EPP: 1.6%

[Caseynotes]

with 55% of votes counted: BREXIT: 31.8% LDem: 20.4% Lab: 13.9% Greens: 12.2% Con: 9.1% SNP: 4.2% ChUK: 3.5% UKIP: 3.4%

[Caseynotes]

So both Labour and the Conservatives humble by the 4 week old Brexit party and the Lib-Dems.

Across the EU there is a broad shift towards the more nationalist parties. The big center left and center right alliance that has ruled for 40 years looks broken and the calls for new general elections getting louder for many nation states.

Interesting but uncertain times ahead. Currency markets not too concerned as yet

[phillo]

It's just the start  !!!

[phillo]

On ‎23‎/‎05‎/‎2019 at 14:14, elle said:

Regional Elections In Germany also   https://www.theguardian.com/world/2019/may/23/in-germanys-smallest-state-traditional-politics-is-in-tatters-bremen-germany

https://www.politico.eu/article/german-spd-reels-from-double-defeat-in-eu-and-regional-vote/

[Caseynotes]

As mentioned in the first link Bremen often has it's finger on the pulse so doesn't bode well for the centralists.

The CDU also lost it's top spot as being the largest single party in the EU Parliament to the UK's Brexit party.