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18 Sep 2015
Greek elections coming up - TDS
FXStreet (Guatemala) - Analysts at TD Securities noted the Greek elections coming up this weekend.
Key Quotes:
"Greeks return to the polls on Sunday—for the fifth time in six years. Pre-election polls suggest the race is tight, with Greeks equally likely to elect a government led by a party that has always supported austerity (New Democracy) or one that has only recently supported austerity (Syriza). As a result, we see this as largely inconsequential, as with bailout funding secured until June 2016, the markets can largely look past the outcome."
Key Quotes:
"Greeks return to the polls on Sunday—for the fifth time in six years. Pre-election polls suggest the race is tight, with Greeks equally likely to elect a government led by a party that has always supported austerity (New Democracy) or one that has only recently supported austerity (Syriza). As a result, we see this as largely inconsequential, as with bailout funding secured until June 2016, the markets can largely look past the outcome."