Financial markets were taken aback by French President Emmanuel Macron’s announcement to hold early elections, which has raised questions about his pro-business agenda and the country’s already precarious finances.Market reactions:Following the announcement of a sell-off of French assets on Monday, investors are requesting higher returns on French bonds than on …
Read More »What Wall Street Expects From French Elections
French voters head to the polls on Sunday to cast their ballots in the final round of a close presidential race between incumbent President Emmanuel Macron and rival Marine Le Pen.Centrist Macron was seen taking the lead against his far-right opponent in the final day of campaigning, taking a 57.5% …
Read More »EUR/USD to further decline on unchanged guidance from the ECB
The EUR/USD pair crawls towards 1.08 with little help coming from the European Central Bank (ECB) tomorrow. Economists at Scotiabank expert the world’s most popular currency pair to sustain further losses on unchanged guidance from the ECB.On the French elections front, early runoff polls show Macron defeating Le Pen. With …
Read More »EUR Benefits From French Elections As Macron leads 54%, le Pen 46%
Emmanuel Macron and Marine Le Pen are running a fierce competition against each other in the final round of the French presidential election and the latest poll. Macron is leading 54% versus Le pen’s 46%.The euro is trading 0.25% in the open. Official results of the election are expected later …
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