Political Uncertainty Weigh on Global Economy

Euro

The Euro is suffering as political uncertainty across Europe is increasing . The EUR/USD pair was trading below 1.05 today affected by concerns of Marine Le Pen French Election’s victory.

Euro plummets to 6 week lows as Le Pen’s presidential bid looms: SocGen – (CNBC)

Germany

German share markets could become a safe haven for investors due to political uncertainty in the EU and could rise significantly if Marine Le Pen pulls out a victory in the French presidential elections, say JPMorgan analysts.

Le Pen win in French elections will boost German equities – JPMorgan – (RT)

Frexit

Marine Le Pen’s goal of taking France out of the Eurozone if she’s elected President would probably cost the country over 180 billion euros ($190 billion).

Le Pen previously discussed to possibility of France leaving the EU and promised a referendum to the French people.

This Is How Much Marine Le Pen’s Euro Exit Could Cost France – (Fortune)

Bonds

The political uncertainty across Europe weigh on Bond yields in the United States and Europe. As Marine Le Pen chances to win the first election round on April 23 increased, markets observe the implication of the radical presidential nominee.

Political Uncertainty Hits Bond Yields – (Seeking Alpha)