French Bank Stocks Drop After Snap Election Called

-- French stocks fell on Monday after President Emmanuel Macron dissolved the country’s lower house of parliament and called new legislative elections following a drubbing for his group in European voting Sunday. BNP Paribas and Societe Generale tumbled more than 5%.The move weighed on broader markets, with the Stoxx 600 Index 0.7% lower as of at 9:10 a.m. in Paris, with most of the sectors in negative territory. The CAC 40 Index fell as much as 2.4% in early trading, the most in almost a year.

“Already this morning one can see the euro trading lower, but I expect the spread between France’s sovereign debt and Germany to grow further,” added Juvyns.Is There Room for Common Ground on Congestion Pricing? -- Prime Minister Justin Trudeau’s government will call for a vote this week on a planned hike in the capital-gains tax inclusion rate, a measure that would raise billions in additional government revenue and has attracted the ire of Canada’s business community.

A new war video released by Ukraine appears to show a US-supplied M2 Bradley attacking a Russian personnel carrier at close range in Donetsk.“Fear factor”: Trump World Tower fights off name change

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European Stocks Advance After Weekly Drop as Focus Turns to ECBEuropean stocks gained on Monday, rebounding from a second straight weekly decline, as investor attention turned to a pivotal European Central Bank meeting this week.
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Asian Stocks to Trend Lower After Treasuries Drop: Markets Wrap(Bloomberg) -- Stocks in Asia were mostly set to decline after a US session dominated by a sell-off in bonds, with traders also weighing mixed economic data ...
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Asian Stocks to Trend Lower After Treasuries Drop: Markets WrapStocks in Asia were mostly set to decline after a US session dominated by a sell-off in bonds, with traders also weighing mixed economic data and remarks from Federal Reserve speakers for clues on the policy outlook.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »

Asian Stocks to Drop as Traders Rethink Rate Cuts: Markets Wrap(Bloomberg) -- Stocks in Asia are mostly headed for early declines after traders reassessed the path forward for interest rates, tempering the optimism...
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Asian Stocks to Drop as Traders Rethink Rate Cuts: Markets WrapStocks in Asia are mostly headed for early declines after traders reassessed the path forward for interest rates, tempering the optimism linked to Wednesday’s US inflation reading.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »