European Assets Stable After French Elections; Investors Eye US Inflation Data

Reported 10 months ago

In the aftermath of France's announcement of a snap election, European assets stabilized; France's CAC40 index rose 0.3%, while the euro remained steady. Investor focus shifted to upcoming U.S. inflation data and a Federal Reserve meeting. The article also discusses the potential outcomes of the French elections, impact on French government bonds, and British market reactions to data showing a rise in unemployment rates. Markets also reacted to Apple's AI strategy, with Asian markets seeing modest movements. The article previews the expectations for the Federal Reserve policy decision and U.S. consumer price inflation data.

Source: YAHOO

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