Weekly Outlook 22/04/2019 to 26/04/2019

Ukraine Presidentials: Zelensky

Volodymyr Zelensky, a professional comedian won the Ukraine’s presidential elections yesterday with 73% of the votes. The incumbent Petro Poroshenko suffered a humiliating defeat, mainly because of the malcontent about his work and the perceived detach of the rich entrepreneur from common people.

The future now seems quite uncertain, as Mr Zelensky has barely mentioned policy making during the campaign and, in particular, very little has been said about how he intends to address relations with Russia.

A big debate on Ukraine’s future is coming throughout the week.

Notre-Dame reconstruction: private or public

France’s wealthiest private citizens have already collected a large sum for Notre-Dame’s reconstruction, despite the government’s reluctance on that regard.

The FT has described the situation as the picture of a “changing relationship between European governments and private wealth in an era of austerity and growing inequality”.

As the happenstance is still vibrant around Europe, further discussions on this regard are expected.

Additional Information

  • On Monday22nd, the competent authority will draw the US April EHS (Existing Home Sales), which is forecasted to go down from 5.51M to 5.31M. Existing Home Sales is a key economic indicator as it measures the change in the annualized number of existing residential buildings that were sold during the previous month.

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