Sarkozy Bows Out in Primaries

France’s former president Nicolas Sarkozy has conceded defeat in the race to choose the conservative nominee for next year’s presidential election. Ex-prime ministers Francois Fillon and Alain Juppe both outpolled Sarkozy in early returns, and stand to advance to the Nov. 27 runoff.

In a speech from his campaign headquarters in Paris on Sunday, Sarkozy called on his supporters to vote for Fillon in the second round.

CNBC

Commodities Rally as Dollar Demand Cools

Week Ahead – US December Rate Hike Chances Boosts Dollar

Merkel Wants Fourth Term

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the BBC and The Telegraph, and he also appears regularly as a guest commentator on Bloomberg TV, CNBC, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.