Reported 9 months ago
French stocks and bonds show stability as traders analyze far-right leader Marine Le Pen's assurances of collaboration with President Emmanuel Macron. The CAC 40 benchmark sees minimal gains, while European markets fluctuate amidst political volatility concerns. Despite initial positive reactions to Le Pen's statements, uncertainty remains ahead of the upcoming elections. The tension has led to a flight to safe-haven assets, impacting stock market capitalization and causing broader European market declines. However, experts suggest that the market reactions are part of a normal repricing process, with expectations of calming post-election and the possibility of right-wing politicians moderating their policies once in power.
Source: YAHOO