Stock markets are facing political instability

Marine Le Pen has presented his candidature to the French elections this weekend

  • In the Netherlands, everything seems to indicate that the far-right Freedom Party will be imposed on March 15
  • Trump again stirs controversy this weekend with his comparisons with Russia
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Bolsamanía
Bolsamania | 06 feb, 2017 09:43 - Actualizado: 09:43
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Frexit, Nexit ... Monday begins with fear that the most radical political forces will prevail in the elections that will be held in Europe this year. Marine Le Pen, the candidate of the far-right French National Front party, has presented her candidature this weekend and has promised that her first move will be to hold a referendum on the exit of the European Union (EU). The possibility that Le Pen wins in the Gallic elections is getting stronger.

IBEX 35
11.579,500
  • -0,33%-38,40
  • Max: 11.605,00
  • Min: 11.486,10
  • Volume: -
  • MM 200 : 11.151,51
17:37 27/11/24

In the Netherlands, the Freedom Party has a good chance of becoming the strongest party in the House after the March 15 parliamentary elections, while parties established in the government will likely see their support decline, say experts at Danske Bank In a report. "We do not believe that the PVV can form a government, since other parties have ruled out forming a coalition with it. Instead, a protracted process will begin to form a coalition with a government likely to comprise at least five center- Right and center-left ", explain these analysts.

Political instability returns to the scene as the European election dates approach and is marked by Trump. The president of the USA returned to pronounce this weekend a phrase that has gone around the world. In an interview with Bill O'Reilly, the president of the United States relativized Russian violence against his political enemies and against the press and compared it with his own country. When O'Reilly asked him why he respected Putin, if he is "a murderer," Trump replied: "There are many murderers, many murderers ... do you think our country is so innocent?"

ANOTHER WEEK OF RESULTS

Markets will try to ignore global political instability this week as they continue to assimilate business results. In Spain, investors are waiting for Popular, which rises slightly after strong falls on Friday (declines above 7%), when it announced losses of 3.485 billion in 2016.

From the technical point of view, "what has happened this week (last week) is that we have approached the support area of ​​9,250 points, setting a minimum on Thursday at 9,301 points, and from there it has started the rebound", said Jose Maria Rodriguez, Bolsamanía expert, who believes that the normal thing is to bet now on a new attack on the resistance that presents in the annual highs (9,623 points).

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