As of Tue, May 28, Singapore Time zone UTC+8Dollar Index +0.15%, 97.73
USDJPY, +0.17%, $109.50
EURUSD, -0.09%, $1.1193
GBPUSD, -0.26%, $1.2680
USDCAD, -0.02%, $1.3435
AUDUSD, -0.05%, $0.6920
NZDUSD, -0.10%, $0.6546
U.S. and U.K. banks were closed. There were no notable prints out of the G7.
In EU, voters across 28 countries delivered the highest turnout in a European election for 20 years as they selected new representatives to sit in the European Parliament. Equity markets extended Friday’s soft rebound as voters in European elections showed broad but fragmented support for pro-EU parties.
– In the UK, the Brexit Party, led by arch-Brexiteer Nigel Farage, took home 31.71% of the vote. This is almost equivalent to the vote share of the Labour Party and the Liberal Democrats combined and reflects growing dissatisfaction with traditional UK parties.
– Results in France provided further evidence that a predicted surge in support for far-right populist parties did not materialize. Marine Le Pen’s far-right National Rally won with 23.31% of the votes, according to the French Ministry of Interior, beating French president Emmanuel Macron’s La République En Marche alliance on 22.41%.
– The Green Party alliance posted its strongest ever performance in European elections, winning 69 seats according to provisional results, a rise from 2014 when they took 50 seats. Much of the party’s gains came from northern Europe, including the UK, Ireland, France and Germany, where young people have staged marches calling for political action over climate change.
– Greece’s Prime Minister Alexis Tsipras said he would call a snap election after a poor performance for his party at European and local elections. The opposition conservative party “New Democracy” won 33.25% of the vote, with a lead over the governing Coalition of the Radical Left “Syriza”, currently at 23.74%.
S&P500, – Closed –
Nasdaq, – Closed –
Nikkei Futures, +0.48%, 21,202.5