An American agency afraid about the election. "Nationalism and populism" will sway our economy

natemat.pl 2 months ago
According to American Bloomberg, the consequence of the first circular of Polish presidential elections so far puts the economy to a severe test. Increased support for "nationalist" and populist candidates increases the force on Polish companies' gold and shares.


"Better than expected, the results of populist opposition in the first circular of the presidential elections in Poland will put the interest of investors in Polish assets to the test," writes American Bloomberg, who specializes in economical matters.

The agency adds that the favourite, or Rafał Trzaskowski, won slightly, while the elections showed an increase in support for "nationalist candidates".

"This may increase the force on gold and curved Polish stock that fell on Friday, as public opinion polls showed a decline in support of the centrist, which undermines the expected marketplace scenario," Bloomberg writes.

What does that mean?


In simple terms, the course of the gold may hesitate strongly. "Being under pressure" in this sense is nothing but a tendency to yield to strong influence. The currency under force is exposed to fluctuations and excessive consequence to even insignificant events. So gold can fall, but besides strengthen. According to Bloomberg, the same can happen to the Polish stock exchange.

Investors buying Polish shares and currency are simply not certain what will happen in Poland. They can rapidly sale out their assets, origin their value to fall, or buy, raising interest in them. This, however, has nothing to do with strength, indicates the weakening of the economy and its instability.

Of course, Bloomberg's predictions don't gotta prove themselves, but the message goes into the world.

Challenge for Trzaskowski


Other planet media have besides turned their eyes towards Poland. Reuters points out that Liberal candidates received lower support than expected. Rafał Trzaskowski only somewhat overtakes the competitor. The Agency cites late exit polls from Ipsos, according to which the difference between candidates was little than previously predicted from 4 to 7 percent points.

Reuters emphasizes that if current results persist, competition in the second circular will be leveled. The consequence may affect Poland's political direction in the coming years.

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