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Bund put sold in 30k


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Large Bund put still trading


USDCLP Trending Towards 798.65 Support

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Hungary's reporting that a number of populist right-wing party leaders are looking to establish a new political bloc in the European Parliament. Italy's Matteo Salvini, Poland's Joroslaw Kaczynski, and Hungarian Prime Minister Viktor Orban are the major architects of the new bloc. The bloc is set to include France's Rassemblement National (National Rally) led by presidential candidate Marine Le Pen, the Alternative for Germany (AfD), Spain's VOX, and the Freedom Party of Austria (FPO).

  • The report states that the bloc is set to be announced on Saturday in Warsaw, Poland. Should all MEPs from these six parties join the bloc it would hold 104 seats in the European Parliament, making it the third-largest behind the centre-right European People's Party (EPP) and the centre-left Progressive Alliance of Socialists and Democrats (S&D). There have been some comments suggesting that the group would have 113 MEPs.
  • Forming a larger bloc would entitle its MEPs to greater funding as well as providing them with a greater quantity of committee seats and more committee chairmanships.