MUFG's Halpenny Sees Some Momentum for Le Pen

The transcript discusses market reactions to election polls, particularly focusing on the French election and its impact on the euro. It highlights the accuracy of polls in past events like Brexit and the US election. The discussion shifts to post-election market focus, considering risks in Italy and Germany. The role of the ECB and its economic policies, including inflation and policy rates, are also examined, with a look at the US economy and potential Fed rate hikes.

What was the market's reaction to Macron's victory in the French election?

• The euro moved significantly.

• The euro barely moved.

• The euro depreciated sharply.

• The euro appreciated sharply.

Which country is identified as having significant political risks in the second section?

• Netherlands

• Italy

• Germany

• France

What is the potential issue in Germany discussed in the second section?

• Populist uprising

• Weak coalition government

• Economic recession

• Currency devaluation

What is the ECB's current deposit rate mentioned in the final section?

• 0.5%

• -1.0%

• -0.4%

• 1.0%

What is the expected action by the Federal Reserve according to the final section?

• Increase interest rates

• Introduce new monetary policy

• Maintain current rates

• Decrease interest rates