The goal of the collaboration is to measure the impact of French elections on currency markets.
As the French presidential election draws closer, the volume of forecasts and various analyses of possible outcomes is growing. The number of questions that investors have regarding the effect of this event on the market is also rising.
To help investors, Swissquote Bank Ltd., Switzerland’s leading online bank, is launching a set of investor tools that help anticipate the impact of the French presidential election on financial markets.
A key element is the Social Media Opinion Index, created in cooperation with the Social Media Lab at École polytechnique fédérale de Lausanne (EPFL).
The Index makes use of the latest advances in artificial intelligence to collect and analyze opinions about the candidates in the French election as expressed on social media networks; it allows investors to take the pulse of public online opinion about the candidates, indicating potential outcomes of the elections in real-time.
The Index will be offered together with analysts’ comments and foreign exchange (Forex) trading tools. This comprehensive financial analysis offering helps measure the potential impact of the election and identifies the need to adjust investment strategies accordingly. It is available publicly on a dedicated Swissquote website: www.swissquote.com/french-election.