German Election: Will Merkel hold on to power?

[Nadilapars]

 

The German election, like any election in an economically powerful country have always provided an opportunity for traders. They know market volatility will precede them. 

The uncertainty that surrounds an election result creates turbulence in the markets. These are exactly the conditions traders need to make bigger profits on their trades. 

If recent history has taught us anything, it is to expect the unexpected when the German Election takes place on Sunday 24th September – regardless of what exit polls and the media are reporting will happen. 

EXIT POLLS ARE LESS RELIABLE THAN BEFORE 

Opinion polls predict Angela Merkel will secure victory for her Christian Democratic Union (CDU) party and Christian Social Union (CSU). 

However, exit polls are not as reliable as they once were. Britons were expected to vote against Brexit and Hilary Clinton was considered a more likely US President than Donald Trump

 

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