The Trader 

Market Outlook: Another messy election result

The Trader

Spanish current Prime Minister Pedro Sanchez’s Socialist party picked up the most votes in yesterday’s general election but once again, not enough to push through a government, and in fact fewer than last time round. In a shock to the establishment the new far-right Vox party doubled the number of votes that it had received in April making it Spain’s third most important political party, conservative PP in second and Ciudadanos slumping from 57 to just 10 seats this time. In Bolivia, after weeks of protests contesting the election result in October, long-standing indigenous leader Evo Morales stood down yesterday on realising he didn’t have the army’s support.

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