Europe: Politics in focus - TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities point out that the EU Leaders have gathered to discuss filling the positions of EU Council President, EU Commission President, and ECB President.

Key Quotes

“They had earlier hoped to finalise the nominations over dinner on Thursday (with a press conference to follow), but EU election results have complicated the negotiations, and there's no clear "winning formula" for the three top jobs now. It's not impossible that the ECB President be named later tonight (or at least, an unofficial list of finalists leaked), but it looks more and more like the decisions will now take place at an "emergency summit" on 30 June / 1 July.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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