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Angela Merkel Not Overconfident Before German Elections

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Chancellor Angela Merkel said the German elections in September were a “very close call” and that it would be foolish to see the result as a foregone conclusion, despite her Christian Democratic Union (CDU) leading the polls.

“I am indeed sure of the fact that the elections will be a very, very close call. It would be extraordinarily careless to think I’ll be re-elected chancellor in any case and don’t need to do anything about it anymore,” she told Germany’s ZDF television on Sunday.

“I am campaigning to be chancellor for another four years and in the next five weeks I will put all my effort into making that possible,” she added.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza

@alfonso_forex

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