FW: [Maybank] Risk of Fresh German Elections?

 

 

GBL: Risk of Fresh German Elections? Global Markets Daily by Saktiandi Supaat FX Research Sharp fall in the EUR to 1.1722 low (from sub-1.18 levels) this morning following news that Merkel had failed to form the next coalition government. Free Democratic party (FDP) had walked out of talks saying differences with the Green party were too great to bridge. The 4 parties – CDU/CSU, Green and FDP had initially set a 6pm Sunday deadline for any agreements to be made. Merkel could attempt to govern with a minority government or ask the President to call for another election... Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Christopher Wong    (65) 6320 1347    wongkl@maybank.com.sg Disclaimer This message is intended only for the use of the person to whom it is expressly addressed and may contain information that is confidential and legally privileged. If you are not the intended recipient, you are hereby notified that any use, reliance on, reference to, review, disclosure or copying of the message and the information it contains for any purpose is prohibited. If you have received this message in error, please notify the sender by return e-mail immediately and delete all its contents. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please click here to contact your representative.