Euro Slips After French Vote as Busy Week Begins: Markets Wrap

Global Markets News

Euro Slips After French Vote as Busy Week Begins: Markets Wrap
National RallyPresident Joe BidenJerome Powell
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 37 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 63%

(Bloomberg) -- The euro fell in early trading after initial projections showed a left-wing coalition was set to win the French legislative election, sowing...

-- The euro fell in early trading after initial projections showed a left-wing coalition was set to win the French legislative election, sowing worries about the nation’s finances. Asian stocks eyed a mixed start into a pivotal week for global markets .Le Pen Party Seeks Major French Election Win: What to Watch

Treasury 10-year yields fell eight basis points to 4.28% on Friday as traders priced the prospect of two Fed rate cuts this year. The dollar fell last week, its first drop in the past seven, giving up its gain since the June FOMC meeting. “One interpretation: Markets are pricing a decisive Trump victory. Using the 2016 playbook, this is a net positive for markets,” she wrote in a note Sunday. “And yet if you look to Trump’s policy statements on tariffs, immigration and perhaps even the independence of the Federal Reserve — these are arguably all vol-generating.”

Meghan McCain, the daughter of the late Sen. John McCain , said President Biden will not be elected to another term “one way or another.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

National Rally President Joe Biden Jerome Powell Bloomberg New Popular Front Federal Reserve Japan Donald Trump

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Euro slips to one-month low as Macron calls French electionEuro slips to one-month low as Macron calls French electionThe euro fell on Monday as the French President Emmanuel Macron called a shock election after being trounced in the European Union vote by the far-right...
Read more »

Euro slips to one-month low as Macron calls French electionEuro slips to one-month low as Macron calls French electionThe euro fell on Monday as the French President Emmanuel Macron called a shock election after being trounced in the European Union vote by the far-right...
Read more »

Euro Slips After French Vote as Busy Week Begins: Markets WrapEuro Slips After French Vote as Busy Week Begins: Markets WrapThe euro fell in early trading after initial projections showed a left-wing coalition was set to win the French legislative election, sowing worries about the nation’s finances. Asian stocks eyed a mixed start into a pivotal week for global markets.
Read more »

Euro Slips With Left Bloc Set for Shock French Election WinEuro Slips With Left Bloc Set for Shock French Election Win(Bloomberg) -- The euro weakened in early Asia trading after initial projections in France’s legislative elections pointed to a shock victory for the leftist...
Read more »

Euro Slips With Left Bloc Set for Shock French Election WinEuro Slips With Left Bloc Set for Shock French Election WinThe euro weakened in early Asia trading after initial projections in France’s legislative elections pointed to a shock victory for the leftist alliance, an outcome the market had largely written off.
Read more »

Allianz Says French Bondholders Fear a Replay of Euro CrisisAllianz Says French Bondholders Fear a Replay of Euro CrisisFrench officials must reassure foreign investors that the nation’s finances are in order or risk a fresh blowout in bond spreads, according to Allianz Global Investors’ multi-asset chief investment officer.
Read more »



Render Time: 2025-02-16 07:34:02