FRA40 Upbeat after First Round French Elections
The French stock market opened higher on Monday, despite the victory of Le Pen’s party, as investors appear hopeful that it won’t secure outright in the second round
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
Page 14 of 140
The French stock market opened higher on Monday, despite the victory of Le Pen’s party, as investors appear hopeful that it won’t secure outright in the second round
The sportswear giant’s hardships continue as it posted revenue contraction of 2% in Q4 FY24, expects deeper drop in the current quarter and downgraded its full year guidance
NGAS has formed a Golden Cross formation that paints an upbeat technical outlook, which adds to the favorable fundamentals
The pair extended its relentless rally to the highest since 1986 as the Fed is hesitant to slash rates and the BoJ is moving slowly to less easy stance, but risk of FX intervention rises
The pair jumped as chances of an RBA rate hike are boosted, after inflation hit six-month highs
After last week’s all-time highs, NVDA experienced a sharp correction, which brings it close to bear territory
The pair continues its surge towards the April multi-decade peak as the Fed’s reluctance to cut helps the greenback, while the BoJ moves slowly away from the easy stance and today’s mixed inflation data don’t help bolder action
The BoE kept rates unchanged ahead of the July 4 elections, but remains on track to pivot, supporting the index
The pair reacted higher after the Swiss National Bank (SNB) slashed rates for second straight time, whereas the Fed is reluctant to pivot
The pair is subdued this week as poor US retail sales boost hopes for two Fed rate cuts this year, but monetary policy differential remains favorable
The Australian central bank stayed again on the sidelines and inflation jitters keep rate cut prospects far, in a policy differential that is supportive for the pair, despite the Fed’s reluctance to pivot
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.