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Germany’s Social Democrats Support Grows Ahead of Election

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Germany’s Social Democrats (SPD) polled 31 percent in a survey on Wednesday, benefiting from a surge in support since nominating Martin Schulz as leader and narrowing the gap to Chancellor Angela Merkel’s conservatives.

The poll for Stern magazine and broadcaster RTL, published just over seven months before federal elections, was the first by the Forsa institute to give the SPD above 30 percent since October 2012.

Merkel’s conservative bloc, made up of her Christian Democrats (CDU) and their Bavarian sister party the Christian Social Union (CSU), lost 1 percentage point to 34 percent.

Reuters

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Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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