Free Trial
USD

Takes another leg lower

US EURODLR OPTIONS

Early Trade Roundup

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Major Test For Scholz's SPD In May 15 NRW State Election

GERMANY

Germany's most populous state, North Rhine-Westphalia, goes to the polls to decide the make-up of its regional Landtag (Parliament) on Sunday 15 May in the largest test faced by Chancellor Olaf Scholz's centre-left Social Democrats (SPD) since the September 2021 federal election.

  • The regional gov't is currently a two-party coalition formed by the centre-right Christian Democratic Union (CDU) and the pro-business liberal Free Democrats (FDP), led by Minister-President Hendrik Wust.
  • Polling in the run-up to the election shows the CDU with a narrow lead over the SPD and looking on course to win a plurality. However, mirroring gains at the federal level, the environmentalist Greens look set to rise from a distant fifth place in 2017 to third place this time around.
Chart 1. North Rhine-Westphalia Opinion Polling, % and Trendline

Source: Civey, Yougov, FGW, INSA, Infratest dimap, Forsa, Wahlkreiprognose, MNI.

Keep reading...Show less
356 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Germany's most populous state, North Rhine-Westphalia, goes to the polls to decide the make-up of its regional Landtag (Parliament) on Sunday 15 May in the largest test faced by Chancellor Olaf Scholz's centre-left Social Democrats (SPD) since the September 2021 federal election.

  • The regional gov't is currently a two-party coalition formed by the centre-right Christian Democratic Union (CDU) and the pro-business liberal Free Democrats (FDP), led by Minister-President Hendrik Wust.
  • Polling in the run-up to the election shows the CDU with a narrow lead over the SPD and looking on course to win a plurality. However, mirroring gains at the federal level, the environmentalist Greens look set to rise from a distant fifth place in 2017 to third place this time around.
Chart 1. North Rhine-Westphalia Opinion Polling, % and Trendline

Source: Civey, Yougov, FGW, INSA, Infratest dimap, Forsa, Wahlkreiprognose, MNI.

Keep reading...Show less