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Archive Europe Markets

  • The victory for the pro- European Union centrist Macron sent MSCI's gauge of stock indexes across the globe to a record high of 453.70. Investors were concerned a victory for Le Pen could put France on the path taken by Britain to leave the European Union. "This alleviates fears that we were going to have to navigate a French exit of the European Union," said Brian...

  • LONDON, April 24- Britain's top share index jumped on Monday as banking stocks surged after centrist Emmanuel Macron came out on top in the first round of France's presidential election. Polls pointed to Macron easily beating Le Pen in the run-off on May 7, calming market fears in light of the UK's Brexit vote and Donald's Trump's election in the United States.

  • LONDON, April 24- Centrist Emmanuel Macron's first-round election victory buoyed French government bonds on Monday but German debt, Europe's benchmark, suffered as investors' focus shifted to the prospect of monetary policy tightening in the euro zone. French yields fell to multi-month lows after Sunday's presidential vote put Macron into the May 7 run-off,...

  • U.S. stocks joined a worldwide rally after results from the first round of France's presidential election raised expectations that the European Union and euro currency will hold together. Bank of America jumped 4.1 percent. U.S. stocks joined a worldwide rally after results from the first of France's presidential election raised expectations that the...

  • *Warsaw, Prague lead stock rebound on France, up 1.3 pct. BUDAPEST, April 24- Central European assets, mainly stocks and currencies rose on Monday after centrist Emmanuel Macron won the first round of France's elections, taking a big step towards becoming president. Warsaw and Prague led a rebound of stocks, with their indices rising 1.3 percent by 1231 GMT,...

  • Though Marie Le Pen of the far-right National Front came second with 21.5 percent of the vote and will contest the runoff on May 7, the favorite to be the country's next president is the centrist Emmanuel Macron, who came top with around 24 percent. Following Britain's vote to leave the European Union and Donald Trump's surprise victory in the U.S. presidential...

  • LONDON, April 24- Election relief spread across French government bond markets on Monday, bringing with it pain for Europe's benchmark German debt as focus shifted to the prospect of sooner-than-expected monetary tightening from the European Central Bank. As French yields fell to multi-month lows, the premium investors demand to hold the debt over German...

  • LONDON, April 24- Emerging assets shifted up a gear on Monday as markets cheered the French election results, pushing developing stocks to a near-three week high and sending most emerging currencies surging against the dollar and euro. MSCI's emerging market index extended gains into a third day and rose 0.5 percent as bourses across Asia, Europe and Africa...

  • LONDON, April 24- Britain's top share index jumped on Monday as banking stocks surged after centrist Emmanuel Macron came out on top in the first round of France's presidential election. It delivers some potential upside in terms of what it could mean for Europe going forward, Dean Turner, economist at UBS Wealth Management, said. UK banks jumped 2.4 percent,...

  • KEEPING SCORE: France's CAC 40 spiked 4.6 percent to nine-year highs of 5,290, while Germany's DAX advanced 3.2 percent to 12,427. The FTSE 100 index of leading British shares was 1.9 percent higher at 7,247. U.S. stocks were poised for solid gains at the open, with Dow futures and the broader S&P 500 futures up 1.2 percent. FRANCE FOCUS: Though Le Pen came second...

  • *Warsaw leads stock rebound on French vote, up 1.3 pct. BUDAPEST, April 24- Central European stocks and currencies rose on Monday after centrist Emmanuel Macron won the first round of France's presidential elections, taking a big step towards becoming president. Warsaw led a rebound of stocks, with its blue-chip index rising 1.3 percent by 0740 GMT.

  • LONDON, April 24- Election relief spread across French government bond markets on Monday, bringing with it pain for Europe's benchmark German debt as focus shifted to the prospect of sooner-than-expected monetary tightening from the European Central Bank. As French yields dropped to multi-month lows, the premium investors demand to hold the debt over...

  • TOKYO— Asian stocks were mixed Monday as investors weighed the results of the first round of the French presidential election. FRENCH ELECTION: After the weekend vote, centrist Emmanuel Macron and far-right populist Marine Le Pen are advancing to a runoff in France's presidential election. The outcome could lead to a reshaping of the country's political...

  • *Euro jumps as high as $1.0940 in Asia, yen slips broadly. MSCI's broadest index of Asia-Pacific shares outside Japan tacked on 0.3 percent, while Japan's Nikkei jumped 1.4 percent as the yen retreated. The outcome lessens the risk of an anti-establishment shock on the scale of Britain's vote to quit the European Union with Macron widely tipped to win the final...

  • NEW YORK, April 23- U.S. stock index futures rose sharply on Sunday on relief that centrist Emmanuel Macron took the first round of voting in the French presidential election, reducing the prospect of an anti-establishment market shock. Macron will face far-right leader Marine Le Pen in a May 7 runoff and opinion polls on Sunday had him easily winning the final...

  • *U.S. crude dips below $50 a barrel for first time since April 4. U.S. crude futures fell below $50 a barrel for the first time in more than two weeks on renewed fears that increasing U.S. production will thwart OPEC's attempts to reduce the global oil glut. "After Brexit everyone has to be concerned," said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham,...

  • *U.S. crude dips below $50 a barrel for first time since April 4. NEW YORK, April 21- Oil prices fell on Friday as oversupply concerns resurfaced, while the euro and stocks slipped ahead of the first round of the French presidential election on Sunday. "After Brexit everyone has to be concerned," said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New...

  • *FTSE 100 down 0.1 pct. Prime Minister Theresa May called the early vote for June 8, sending sterling higher and erasing year-to-date gains for the FTSE. "The FTSE has obviously had a terrible week- although corporate earnings have been somewhat of a mixed bag, the snap election, while providing medium term stability for Brexit negotiations, has created some short...

  • LONDON, April 21- France's government bond yields pulled back from three-month lows on Friday, as a sense of caution set in during the final hours of trade before a close-run French presidential election. Ten-year bonds yields initially fell, with traders focusing on the final polls ahead of Sunday's first-round vote and played down the impact of the killing...

  • *France's CAC down 0.4 pct, lags Europe. LONDON, April 21- French blue-chip stocks underperformed other European benchmark indexes on Friday as investors retreated from risky bets ahead of the too-close-to-call first round of France's presidential election. "So far markets have been pretty sanguine in the face of the presidential election, which was flagged...