Germans will go to the polls this Sunday and Chancellor Angela Merkel is widely expected to win her fourth term in power.
The German Election, scheduled for 24 September, has the potential to squeeze the recent EUR gains.
Last week I told you risk for the markets was off the charts. Last week Google is down 1.5%, FB down marginally, Amazon down 2%, AAPL up marginally and NFLX down 5%. Biotech is down 2.9% as is housing. These are not big numbers, but when you look at some of these charts we are starting to see technical damage for the first time in a long time.

The latest Team Trump tribulation preceding the GOP healthcare reform flub was, of course,

So, the wait is almost over and soon we will find out the outcome of the UK general election.
Comments on the CBOE Volatility Index.
French say “no” to populism and “yes” to a united Europe following a similar trend in Austria and The Netherlands over the past six months.
Comments on the Dollar, the euro and WTI crude.
The U.S. dollar and Treasury yields across the curve bounced higher after the Fed signaled that a June rate hike is still on the way.
In Europe, equities were buoyed by corporate earnings and optimism over Emmanuel Macron winning the second round of the French Presidential election.