Pantheon Macroeconomics - Markets are trading like Emmanuel Macron has already moved into the Élysée Palace.  Eurozone equities soared at the open yesterday, lead by the French banks, 10-year yields in France plunged, and the euro jumped.  This makes sense given the signal from the polls.  They were correct in their prediction of Mr. Macron's victory on Sunday, and they have been consistently forecasting that he will comfortably beat Mrs. Le Pen in the runoff.

Eurozone Documents | 25 April 2017 Mr. Macron Hasn't Won Yet, Despite what Markets are Saying
Markets are trading like Emmanuel Macron has already moved into the Élysée Palace. Eurozone equities soared at the open yesterday, lead by the French banks, 10-year yields in France plunged, and the euro jumped. This makes sense given the signal from the polls. They were correct in their prediction of Mr. Macron's victory on Sunday, and they have been consistently forecasting that he will comfortably beat Mrs. Le Pen in the runoff.

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25 April 2017 Mr. Macron Hasn't Won Yet, Despite what Markets are Saying

By Claus Vistesen

Markets are trading like Emmanuel Macron has already moved into the Élysée Palace. Eurozone equities soared at the open yesterday, lead by the French banks, 10-year yields in France plunged, and the euro jumped. This makes sense given the signal from the polls. They were correct in their prediction of Mr. Macron's victory on Sunday, and they have been consistently forecasting that he will comfortably beat Mrs. Le Pen in the runoff.

Posted: 24th Apr 2017 in 'Eurozone Documents'

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