-
One To The Right, One To The Left: France's National Rally Set For Record Win As The UK's Labour Party Regains Support
Monday, July 1, 2024 - 4:58pm | 991Surprises are already marking 2024's global election cycle as half of the world population heads to the polls: France's parliamentary election has been overturned by the far right, while in the U.K., the Labor party is expected to win back the House of Commons. Along with the upcoming American...
-
European Markets Surge As French Election Results Ease Investor Fears Over Potential Fiscal Turmoil
Monday, July 1, 2024 - 10:25am | 660European financial markets reacted positively to the results of the first round of the French legislative elections, alleviating concerns about unchecked government spending in Paris. Additionally, lower-than-expected inflation in Germany fueled optimism about continued interest-rate cuts by the...
-
French Stocks Set For Worst Week Since Russia's War In Ukraine, Yields Versus Bund Hit 12-Year Highs On Snap Election Jitters
Friday, June 14, 2024 - 9:16am | 724The French stock market is on track to register its worst weekly performance since late February 2022. Following the announcement of snap elections last Sunday, the Paris CAC 40 index — as tracked by the iShares MSCI France Index Fund (NYSE:EWQ) — fell by 2.4% at 8:10 a.m. ET, heading into the...
-
Macron's Snap Election Gamble Shocks European Markets: Euro Eyes Worst 2-Day Performance In 15 Months
Monday, June 10, 2024 - 8:57am | 615European financial markets are under pressure as investors react to the results of the European Parliament elections held over the weekend. The elections, which determined the 720 members of the block’s parliament, have led to notable shifts in political power across several key countries....
-
Were Surprising Election Results In Britain And France A Backlash Against Populism?
Monday, June 12, 2017 - 4:20pm | 847A clear victory for the centrists in France and the stunning loss of a legislative majority by the right in Britain begs the question: Is there a backlash to the populism that put President Donald Trump in power and influences politics through much of the democratic world? In a word, maybe. It does...
-
An ETF Prescription For Post-Election France
Tuesday, May 9, 2017 - 9:05am | 649The outcome was already baked into French assets and the euro, but allegedly liberal France did an allegedly liberal thing by electing male socialist Emmanuel Macron over a female candidate as the next president of the eurozone's second-largest economy. Macron's Victory Over Le Pen The euro...
-
What's Good For France And Europe Is Great For Priceline
Tuesday, April 25, 2017 - 3:10pm | 429Priceline Group Inc (NASDAQ: PCLN) soared to all-time highs Monday on a 2.6-percent spike, coincidentally timed with — or perhaps on the tailwind of — the history-shaping French election. With National Front candidate Marine Le Pen advocating a Brexit-like break from the European Union...
-
Trump Intimates Bet On, Doesn't Endorse France's Le Pen
Tuesday, April 25, 2017 - 1:48pm | 728What do U.S. President Donald Trump and French presidential frontrunner Emmanuel Macron have in common? Quite a bit, actually. Macron wants to slash state welfare benefits, while Trump’s efforts to repeal the Affordable Care Act could corrode the country’s Medicaid program. Macron wants...
-
Analysts Are Now Offering Their Take On France's Election
Monday, April 24, 2017 - 2:42pm | 600The first round of France's national election is over to the delight of investors. Centrist Emmanuel Macron and far-right nationalist Marine Le Pen will move on to the second round of voting in early May. Here is a summary of what analysts are saying about the election results and the surge in...
-
Centrist Macron, Right-Wing Populist Le Pen Advance In French Presidential Contest
Monday, April 24, 2017 - 9:41am | 1220The markets are reading centrist Emmanuel Macron’s lead in the first round of voting in the French presidential election as a victory after a potential face-off between hard-left and hard-right candidates was avoided Sunday. Macron, a 39-year-old former investment banker and French government...
-
Macron, Le Pen Push Global Markets Higher
Monday, April 24, 2017 - 8:28am | 484European equities moved notably higher Monday morning while U.S. equity future indices were similarly pointing to a stronger open following the results from the first round of national elections in France. Global investors were keeping a close eye on the France national elections, particularly the...
-
Meet The Candidates In The French Election That's Rattling Markets
Sunday, April 23, 2017 - 1:59pm | 1127The polls open for the first round of voting in France’s presidential election Sunday, and depending on who ultimately wins, the country could undergo as seismic a political shift as the U.S. did with the election of President Donald Trump. The leading candidates — Emmanuel Macron,...
-
Guten Morgen! Good Times For Germany ETFs
Thursday, April 13, 2017 - 8:37am | 564Germany is the eurozone's largest economy, and amid concerns about the upcoming election in France, the possibility of elections in Italy and Germany's own national election slated for later this year, German stocks are performing admirably in 2017. Even with the euro trading slightly...
-
French Connection: What An Election Means For ETFs
Friday, April 7, 2017 - 8:39am | 573France, the eurozone's second-largest economy behind Germany, will be holding one of the developed world's most widely watch national elections this year. Later this month, French voters head to the polls with the expected outcome being a May run-off involving far right candidate Marie Le...
-
Citi Sounds The Alarm Over Owning French Bank Stocks
Wednesday, March 15, 2017 - 9:45am | 358France's national election to determine the head of state could be confusing for many given its multi-round voting system. One thing is clear, according to analysts at Citigroup: a surprise victory for Marine Le Pen over Emmanuel Macron could have devastating effects on French bank stocks....