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France: Presidential elections finale on Sunday – Danske Bank

Analysts at Danske Bank points out that Sunday sees the final round of the French presidential election and will be the most important economic event for the weekend.

Key Quotes

“As opinion polls accurately predicted the first round result and have pointed consistently to an Emmanuel Macron win, markets have largely priced out any French election risk premium over recent weeks. As with the first round, the main TV and radio channels will release exit polls once voting stations close at 20:00 CEST on Sunday and will be watched closely by markets.”

NZD: Looking short-term oversold – BNZ

Jason Wong, Currency Strategist at BNZ, suggests that over the year to date the NZD has underperformed, against economic fundamentals which have remai
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ECB’s Mersch: ECB’s independence must not be challenged

Handelsblatt reporting headlines from the ECB governing council member Yves Mersch, noting that ECB’s independence must not be challenged.  
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