Merkel Not Afraid Ahead of German Elections

German Chancellor Angela Merkel has stated that she is not afraid about the final weeks of her re-election campaign, despite the main opposition party gaining strength in polls.

“I do not have fear,” Merkel said in an interview with German broadcaster ZDF, when asked about the final days of the campaign.

Merkel and her party the Christian Democrats (CDU) have experienced significant differences between pre-election polls and the final result before. In the last election, a poll lead melted away and the party received its worst result in six decades, although it stayed in power. The previous election saw it come in with 35.2 percent of the German vote, seven points lower than opinion polls predicted.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza