Shares 255 Views

Le Pen leading the polls for round 1 – not good for risk, great for the VIX

Latest poll has Le Pen winning Round 1 of the French presidential election

Weekend news wrap-up: Trump getting ‘Trumped’ on travel bans / WW3 on the horizon?

From the weekend news, we learned that Le Pen started her anti-globalisation campaign, a populist movement that Brexit and Trump have endorsed that is becoming a trend and something that is driving risk aversion throughout markets and potentially responsible for the poor start in European equities this week and a spike in volatility.

We have learned that Le Pen is leading the first round with Opinionway putting Le Pen in the lead at 26%, Macron 23% and Fillon at 20%.

However, what markets should be mostly on the look out for are the polls for round two where Macron has the majority at 65% to Le Pen’s 35%. But, if Brexit and Trump is anything to go by, we know that the polls do not tell the whole story.  

You may be interested

shares14 views

Bets Against Bitcoin’s Price Are Nearing Record Highs

Brian Evans - Aug 21, 2018

BTC/USD shorts on Bitfinex are nearing record highs, leaving many to wonder if a short squeeze will occur like it did when the prior mark was set.

shares13 views

Major Players Use Blockchain to Streamline Agribusiness’ Creaking Supply Chain

Brian Evans - Aug 21, 2018

Let’s see why China and Australia are really into blockchain in the agriculture

shares18 views

Apple Co-Founder Steve Wozniak Flip-Flops on Blockchain, Joins Crypto Startup

Brian Evans - Aug 21, 2018

Apple co-founder Steve Wozniak discussed his involvement in a new crypto startup company and his interest in blockchain in general in a NullTx interview earlier this week.…

Most from this category

%d bloggers like this: