German DAX: Torpedoed by rising geopolitical risk premium in Eurozone

• The rising power and influence of the EU’s far-right political parties have spooked European financial markets.
• A poll has indicated prominent French far-right National Rally party is leading by a significant margin over the incumbent President Macron’s party for the upcoming 1^st round of the French legislative election on 30 June.
• The rapidly rising yield spread of the French and German 10-year government yields has triggered a reflexive negative feedback loop into the German DAX.

The rising popularity of the far-right political parties in the European Union has translated into a…