On 4th December, Italy will undertake a referendum on the most significant constitutional changes since abolishing the Monarchy 70 years ago. On the same day, Austria will elect a new President, with significant impact on the European Union if the anti-EU candidate Norbert Hofer is chosen. These results could send shockwaves through financial markets in Europe and beyond – and ActivTrades will host an evening of online analysis to assess the likely effects.
At 8pm, experts will summarise recent events in the financial markets and analyse the outcome of the Austrian election. The big question will be whether Austria follows in the populist tradition of the Brexit vote and the US presidential election and delivers another shock result, with the appointment of a far-right candidate potentially leading to a renegotiation of the country’s relationship with Europe.
At 9pm, the results of the Italian referendum will be in. If proposals to limit the powers of the Senate and reduce the number of Senators from 315 to 100 are rejected, Prime Minister Renzi has promised to resign, which could cause markets to tumble. ActivTrades’ experts will be on hand to guide traders through the potential pitfalls – and opportunities.
At 11pm, the Forex market will open and the effects of the votes will quickly become obvious. Once again ActivTrades’ expert commentators will discuss the implications and offer informed guidance.