Dutch Elections Not Comparable to French Ones

Europe’s mainstream political parties breathed a huge sigh of relief on Thursday after Dutch center-right Prime Minister Mark Rutte successfully fended off a serious challenge from Geert Wilder’s far-right nationalists, yet the momentum for populist parties does not appear to have significantly wavered.

Wilders’ anti-Islam anti-European Union Freedom Party had led in several opinion polls for the majority of the campaign but ultimately failed to mimic the Brexit vote and U.S. President Donald Trump’s election victory by sealing another anti-establishment triumph.

The result was viewed by many as a bellwether for the rest of Europe ahead of general elections in both France and Germany later this year.

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