Showing posts with label Candidate. Show all posts
Showing posts with label Candidate. Show all posts

Sunday, 20 November 2016

High turnout as France's conservatives choose presidential candidate

Hello Dear Viewers,

You know about, PARIS French conservative voters turned out en masse on Sunday to choose their candidate for next year's presidential election in a tight primary race whose winner is seen as likely to make the Elysee Palace in 2017.

Sunday's primary vote will produce two candidates for a Nov. 27 run-off, with the foremost candidates being two former prime ministers, Alain Juppe and Francois Fillon, and ex-president Nicolas Sarkozy. The result was expected late on Sunday.

With the French left in disarray under the deeply unpopular President Francois Hollande, pollsters suggest that the center-right nominee to emerge after the head-to-head will defeat the National Front's eurosceptic, anti-immigration leader Marine Le Pen in the final round of the election next May.

"We're really tired of Hollande. We need a change," voter Marion, a lawyer, said outside a polling station in central Paris.

Juppe, a moderate conservative campaigning on an inclusive, "happy identity" platform, had for months appeared on track to win the nomination of the Les Republicains party and its center-right allies.

But over the past week the contest has been transformed into a tight race between Juppe, Sarkozy and Fillon, who served as prime minister under Sarkozy from 2007 to 2012.

Juppe, whom Sarkozy has for weeks accused of being held "hostage" by centrist allies, lost his lead in opinion polls to his rivals to the right on the political spectrum. Sarkozy has sought to tap into populist sentiment while Fillon is proposing tough measures to shake up the economy.

A Harris Interactive opinion poll on Sunday showed a majority of those surveyed considered Fillon and Juppe had fought the best campaign.

The race for the presidency is shaping up as new tests of strength between weakened mainstream parties and rising populist forces.

Polls show that whoever wins the conservative ticket should beat Le Pen, because she needs a 50 percent vote to become president and her party has never polled much more than 30 percent.

But after Britain's vote to quit the European Union and Donald Trump's surprise U.S. election win this year, few are prepared to write off her chances entirely.

Should Sarkozy or Fillon emerge as Le Pen's conservative opponent, polls and analysts suggest however that her electoral chances could be higher than if she faces Juppe, who is seen as having a wider voter appeal than his two rivals.

HIGH TURNOUT

A lot could hinge on turnout, with polls saying a high level would favor Juppe.

More than 2.5 million votes had been cast by 1700 local time according to a count conducted in 70 percent of the more than 10,000 polling stations.

Thierry Solere, president of the committee organizing the vote, called that a "considerable turnout" with two hours still left to vote and queues visible at a number of Paris polling stations.

There are other uncertainties in Sunday's vote, in which four more candidates, whom polls forecast have no chance of winning, also took part.

It is the first center-right primary to be held in France, and anyone who pays 2 euros ($2.12) and signs a form showing support for the party's values can take part.

That means voting patterns are to some extent untested, leaving potential for tactical voting by left and far-right supporters as well.

"I am not at all on the Right, I'm very much on the Left and I really want to block Sarkozy and I know that the Left won't get to the second round (of the presidential election) so I just want to stop Sarkozy and Marine Le Pen," one voter, Emeline, said. Thanks.

Tuesday, 8 November 2016

US STOCKS-Wall Street climbs as investors bet on Clinton victory

Dear Viewers,

U.S. stocks rose for a second straight session on Tuesday, helped by early voter turnout estimates favoring Democrat candidate Hillary Clinton in the U.S. presidential election.

Wall Street sees the former secretary of state as lending greater clarity and stability to the markets, while Republican candidate Donald Trump's stance on foreign policy, trade and immigration is less certain.

Data company VoteCastr, which is providing real-time election information through news outlets, including Slate, showed Clinton with an early lead among voters in Florida, a must-win state for Trump.

Several investors said VoteCastr's data had pushed stock prices higher, although they were cautious about its accuracy.

"We were dramatically oversold. People were nervous Trump would win," said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. "There's likely to be additional volatility in both directions between now and the end of the day."

Shortly after 2:30 pm ET, the Dow Jones industrial average .DJI was up 73.24 points, or 0.4 percent, to 18,332.84, the S&P 500 .SPX had gained 6.46 points, or 0.3 percent, to 2,137.98 and the Nasdaq Composite .IXIC had added 20.96 points, or 0.41 percent, to 5,187.13.

The CBOE Volatility index .VIX, dubbed Wall Street's "fear gauge," reversed an early increase and dipped 0.75 after having notched its biggest one-day drop since late June on Monday.

The iShares MSCI Mexico Capped ETF (EWW.P), known of late as the "Trump ETF," rose 1.75 percent. The ETF is viewed as a barometer of Trump's chances of winning the election since his policies are considered negative for Mexico.

U.S. stocks opened slightly lower, then turned positive and extended the morning's gains.

Clinton has a 90 percent chance of defeating Trump, according to the final Reuters/Ipsos States of the Nation poll released on Monday.

She was on track to win 303 votes in the electoral college to Trump's 235, clearing the 270 needed for victory. She also leads Trump by about 44 percent to 39 percent in the popular vote, according to the poll.

The S&P 500 has surged 2.7 percent since the FBI said on Sunday it would not press criminal charges against Clinton over her use of a private email server, an announcement seen as improving her chances at the polls.

Shares of Smith & Wesson Holding (SWHC.O) and Sturm Ruger & Co (RGR.N) both rose over 1.5 percent. Their sales have benefited in the past from fears among gun owners of increased gun control.

Aetna (AET.N) and Anthem (ANTM.N) jumped more than 2 percent. Both health insurers have gained from the Affordable Care Act, which Clinton has vowed to extend.

Advancing issues outnumbered declining ones on the NYSE by a 1.48-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.

The S&P 500 posted 22 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 56 new highs and 66 new lows. Thanks.