Home
QUESTION: Martin You said the turning point will be on monday 8th may. Could it be in connection with the result of the french election on may 7th? If it isMacron, the turning point will be up. If it is Le Pen, it will be down. Or?
Thanks. Regards.
ANSWER: The French media is portraying Macron as a centrist. It is expected that Macron should be able to attract a wider spectrum of second-round voters than Le Pen, pulling in left-leaning voters from Hamon and Mélenchon as well as those leaning to the right that voted Fillon in the first round. The polls put him at 65%.
Our computer projected that the “populist” vote would win. Indeed, for the first time in modern French history, the runoff vote will not feature a single presidential candidate from a mainstream party. The Conservative and Socialists all lost.
The elite want Macron to win but this will be the nail in the coffin for the EU. Brussels will assume they defeated the “populist” simply if Le Pen loses. However, the mainstream parties all lost already. Macron will simply mean that Brussels will not reform and that suggests that we are looking at the collapse of the Euro moving forward into 2018. Our Yearly models have had three Directional Changes 2017 into 2019. Our Monthly Models have been targeting May 2017 for about one year.
A Macron victory should help the Euro hold for now. The key resistance stands in the 113-114 zone. The press will try to manipulate the people to save the EU. That is the agenda of the press in Europe, so they will cheer Macron and do their best to destroy Le Pen and in doing so, they are condemning the EU to utter failure. All they can see is keep the EU together even if that leads to internal civil war within Europe. The only thing holding the EU together is France and Germany.
https://www.armstrongeconomics.com/international-news/politics/the-euro-french-elections/
» ͏MM&C 5/24/24 Iraq - Formal Resumption of Iraq's Accession to the WTO
» MM&C 5/24/24 Iraqi Fintech ZainCash goes live with Temenos core banking and payments to scale digita
» MM&C 5/25/24 Iraq is waiting for “digital banks”... What are they? What is its benefit?
» MM&C utube 5/25/24 Iraq Dinar-IQD Enhanced Value to Currency- Gold-Reserves-2024 Budget-HoR Vote-WT
» Government advisor: Government measures to maximize revenues and reduce budget deficits
» The Minister of Planning discusses with a World Bank delegation support for the stages of the Develo
» The Minister of Planning discusses with a delegation from the World Bank the development of electric
» Iraq and the World Bank announce multi-stage support for the "development path"
» Liquidating the legacy of a bankrupt stock exchange worth $2.6 billion
» Al-Sudani chairs the third session of the Supreme Committee for Coordination between the governorate
» Expert: The national lending strategy will contribute to reducing unemployment rates
» Because of the budget...the government embarrasses the representatives of the central and southern g
» The Central Bank denies issuing a 100,000 dinar currency
» The Central Bank of Iraq increases its sales volume through the dollar auction
» Al-Rafidain directs to receive requests to extinguish advances and loans owed by the martyrs and the
» Al-Alawi: Presidency of Parliament deserves progress and no concessions
» The Minister of Planning discusses with a delegation from the World Bank multi-stage support for the
» Al Rasheed Bank: Launching a new round of “Riyada Initiative” loans
» Al-Sudani discusses with Guterres ending the work of the UNAMI mission in Iraq
» Al-Hakim stresses to the Russian ambassador in Baghdad the importance of Iraq's stability and its im
» The Central Bank of Iraq "denies" issuing a currency in the category of (100) thousand dinars and wa
» After the government’s pledge.. the dollar is heading to decline and the “official and parallel” are
» Parliamentary Finance: We are determined to complete the budget schedules before the start of the le
» utube 5/23/24 MM&C Iraq Dinar - IQD Related Update - Global Interconnectivity - Timing - Delete Ze
» An expanded security meeting for Arbaeen preparations.. and the Sudanese agree to a new sea port for
» Oil expert: Iraq is capable of producing 5 million and 700 thousand barrels per day
» Fears that budget austerity will turn into a “bleeding” of services in the center and the south
» Work on the project to transport liquid gas from Baghdad to Anbar was halted
» Analyst: Extending the state of emergency keeps American forces in Iraq
» Parliamentary Finance hosts the Ministers of Finance and Planning to discuss the budget
» Al-Muttalabi: The failure to legislate the capital law is the reason for the overlapping of powers
» Al-Shammari: The outskirts of the Sunni house have reached the stage of “breaking bones”
» In 6 banks... Details of the localization of the salaries of the region’s employees
» Al-Rafidain announces loans to purchase residential homes for citizens and employees / document
» Al-Mandalawi participates in the consultative meeting at the Arab Parliament Union conference
» The Parliamentary Foreign Ministry confirms Iraq's absolute support for the Palestinian cause
» Al-Sudani discusses bilateral relations with the Ambassador of Oman
» Labor has ended the features of their innocence.. 5% of Iraqi children are “raised by the streets” a
» Al-Sudani gives a group of Interior officers and members good news
» Al Rasheed Bank launches new loans for youth, graduates and job seekers
» Telecommunications calls for the use of FTTH fiber optic lines to get fast internet
» Resources announces the identification of 36 candidate sites for the construction of water harvestin
» The Mayor of the Capital sets the opening date for the first section of the Baghdad-Kirkuk entrance
» Iraq's oil exports to America increased within a week
» A slight decline in dollar prices in Baghdad
» Transport announces the return of a CRJ900 aircraft to service in the air fleet
» Oil denies that there is a shortage in the mechanism for processing gasoline to distribution outlets
» 41 trillion dinars for the governorates in the 2024 budget
» Two billion dinars to buy weapons from citizens in Baghdad
» 45% of the submerged tunnel completed
» Activating electronic payment in pharmacies
» Al-Shibli, during his participation in the meeting of the Legislative Affairs Committee in the Arab
» The Commission completes its preparations for the Kurdistan Regional elections
» Final touches on the enforced disappearance and industrial investment laws
» Launching the “quality and equitable” education program for 10 million students
» International recognition of the difficulty of regulating artificial intelligence
» Advisor to the Prime Minister: The schedules are in accordance with the 2024 Budget Law
» Launching the “national” strategy for bank lending in Iraq 2024-2029
» How to market investment opportunities?
» Specialists: Iraq is committed to applying anti-money laundering standards
» Diyala will lose 80% of its budget in 2024: not enough to pay off companies’ debts
» What is the possibility of Parliament returning the 2024 budget schedules to the government due to “
» Al-Sudani assures Plasschaert that Iraq will continue to cooperate with the United Nations
» Zaidan and Al-Araji discuss a number of issues related to the National Intelligence Council
» A former financial official comments on the budget schedules: They will contribute to a radical solu
» What is the possibility of Parliament returning the 2024 budget schedules to the government due to “
» Dollar prices recorded stability despite their rise in Baghdad markets
» The government sees clear indicators: the parallel dollar will be equal to the official one
» There is no truth to the comparison with Kurdistan.. Budget allocations threaten provincial projects
» Labor initiates social security inclusion procedures and is once again considering raising the minim
» Customs: The government reduced duties on food, industrial materials, and medicines to prevent their
» Specialists: Iraq is committed to applying anti-money laundering standards
» Parliamentary Finance: We are determined to complete the budget schedules before the start of the le
» Praise for the voluntary retirement law.. and an expert believes: The Social Security Department wil
» International organization: Iraq seeks to intensify its efforts to search for missing persons
» Parliamentarian: All representatives do not support holding early elections
» Planning responds to the governorates’ objections regarding reducing their allocations
» Targeting an "American restaurant" in Baghdad
» Where have the discussions on the legal maturity of enforced disappearance and industrial investment
» A new shift in the course of crime in Iraq.. People have begun to “attack themselves” to implicate o
» The Commission completes its preparations for the Kurdistan Region elections.. What about the demand
» During the past week... Iraqi oil exports to America increased
» Oil denies there is a crisis in supplying gasoline to stations
» Sudanese issues directives regarding federations and unions
» Integrity announces the issuance of 27 arrest and recruitment orders against those with high degrees
» With the end of her mission approaching, Al-Sudani receives Plasschaert
» Al-Sudani to Plasschaert: The request to end the work of the UNAMI mission comes based on political
» In numbers... How much are the salaries in the 2024 budget?
» The Iraqi Central Bank’s housing lending initiatives amount to 11 trillion dinars
» Ridiculous salaries besiege the Iraqi economy... When will reason triumph over obsession?
» Parliamentary blocs share the budget... and the citizen is worried about his last balance
» The 2024 budget...was generous to the region and oppressed the southern governorates
» Central Bank of Iraq sales exceed one billion dollars in a week
» Worth 8 billion dollars.. Iraq puts the final touches on the Al-Faw refinery deal
» Has Iraq become a destination for Arab and foreign tourists?
» Government breakdown of 2024 budget schedules: Spending will contribute to reducing the deficit
» A parliamentarian reveals objections delaying voting on the 2024 budget schedules
» Objection to (provincial allocations) threatens to obstruct the resolution of budget schedules