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Is the Italian Election Headed in the Same Direction as Germany?

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Italian voters go to the polls on March 4 in a vote that has some striking similarities to Germany’s political scene right now.When Italians vote Sunday, Germans will be waiting for the outcome of another vote that will determine whether the country finally gets a government, six months after its federal election last September.The vote that’s being closely watched in Germany is the result of a ballot of Social Democratic Party (SPD) members. They are being asked whether they approve of another coalition with Chancellor Angela Merkel’s Christian conservative bloc, formed by her Christian Democratic Union party (CDU) and its sister party, the Christian Bavarian Union (CSU).

Source: Italy election has comparisons with Germany

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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 Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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