The latest european election polls have the Brexit Party and Lib Dems further pulling away from the Tories and Labour party. The polls were conducted by Yougov between 19th May and 21st of May.

The BrExit party continues to extend it's huge lead over the other parties by gaining 3% on the week to 37%.

Lib Dems widen their 2nd place position by gaining 2% at the expense of Labour that falls 2% to just 13%.

The Green party strengthens it's fourth place position by gaining 1% as the Tories lose 2% falling to a catastrophic 7%, which begs the question will the Tories manage to win any MEP's?

UKIP and Change UK remain unchanged on 3% and 4% respectively and neither are likely to win any seats on such poor standings.

The latest polls confirm my original forecast as of 10th of May that the BrExit Party will win between 30 and 36 seats.

Updated on the 16th of May that the most probable total number of seats would be 32, which the latest polls imply could be marginally bettered.

Meanwhile Betfair market odds have further narrowed in the Brexit Party's favour to win 24 or more seats to just 1.1, from odds of 1.41 10 days ago.

The bottom line is that the Brexit Party's results in the EU elections will just be a precursor to an even bigger political earthquake at the next General Election!

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Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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