26 May 2014
Markets largely by-passed the elections results – Danske Bank
FXStreet (Edinburgh) - Flemming Nielsen, Senior Analyst at Danske Bank, noted the global markets remained indifferent to the EU-Parliament elections.
Key Quotes
“While there might be some short-term ‘noise’ from the outcome of the EU-election, the impact on the markets is likely to be limited as attention turns to the upcoming ECB meeting”.
“The market reaction so far this morning has also been very limited with EUR/USD only moving marginally lower”.
“US stock futures and Asian stock markets have also been unaffected by the outcome of the EU-election. Asians stock are mostly higher this morning, supported by comments from Prime Minister Li Kiqiang suggesting that the Chinese government might be considering some additional easing measures”.
Key Quotes
“While there might be some short-term ‘noise’ from the outcome of the EU-election, the impact on the markets is likely to be limited as attention turns to the upcoming ECB meeting”.
“The market reaction so far this morning has also been very limited with EUR/USD only moving marginally lower”.
“US stock futures and Asian stock markets have also been unaffected by the outcome of the EU-election. Asians stock are mostly higher this morning, supported by comments from Prime Minister Li Kiqiang suggesting that the Chinese government might be considering some additional easing measures”.