Please be informed that the German election is set to be held this Sunday 24/09/2017.

The two candidates are Chancellor Angela Merkel and social democrat Martin Schultz. Merkel is the clear favorite to win the election and to continue her 12-years as Germany’s leader with the polls unanimously in her favor.

Germany has the world’s largest trade surplus worth $310 billion and is considered a power house in the economical world, and therefore there markets could experience high volatility on market open should there be any surprise in the election results.

The most likely symbols effected by the election will be EUR based currency pairs and the DAX Index, therefore we highly recommend that clients planning to trade ensure they have enough capital to cover trading this event.