What Are the Possible Outcomes From the German Election?

Germany’s election on Sept. 24, the biggest of this year’s series of votes in Europe, isn’t just about who wins the chancellorship. At least as important is which combination of parties is able to form the next government after the results are in. With no party having won an outright majority since 1957, Germany has a long tradition of coalition governments, which require the parties involved to mesh conflicting positions and agree on a policy platform. This year may be even more complicated because the number of parties in parliament looks likely to increase from four to six.Here are the regularly updating party standings according to the Bloomberg composite of German elections polls, which uses a rolling average of six major German likely-voter surveys.

Source: A Guide to Germany’s Possible Coalitions

Crude Makes a Comeback as Gold KO’ed at 1300

Geopolitical Risks Continue to Weigh on Monday

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

Craig Erlam

Senior Currency Analyst at OANDA
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 Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. 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.