Euro gaps lower as far-right AfD is Germany's third biggest political force

Market news

25 September 2017

Euro gaps lower as far-right AfD is Germany's third biggest political force

Mrs Merkel's CDU/CSU alliance took 33% of the vote, well ahead of the second placed Social Democratic Party with 20.5% which would be its worst result since World War Two.

But in a major shock, the AfD took 12.6% support in Sunday's vote making it the country's third biggest political force says Sky News.

Negative start of trading expected on the main European stock markets: DAX -0.2%, CAC 40 -0.1%, FTSE 100 -0.1%

Moody's downgrades UK's rating to Aa2, changes outlook to stable

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