Europe markets rise as French stocks shrug off surprise election result

French stocks erased earlier losses to rise 0.2% by 8:35 a.m. London time . The euro, meanwhile, was flat against the dollar.

LONDON — European stocks ticked higher in morning trade on Monday, as markets reacted to an expected hung parliament in France after a surprise win for a left-wing coalition of parties.the largest number of seats in this weekend's parliamentary elections, scuppering an expected surge for the far-right. However, the coalition failed to secure an absolute majority, early data showed, leaving markets digesting the possibility of a hung parliament.

"You have a hung parliament as expected so last week, the market has played this out ... It was just expected to be more right-wing and at the end it is left-wing," he told CNBC on Monday.Deutsche Bank strategists added that markets will be suspicious of the New Popular Front's "fiscally aggressive" spending and taxation plans.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

European stocks slump after European vote, shock French electionEuropean stocks slump after European vote, shock French election
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

European stocks mostly higher; UK GDP rise, French politics weighsEuropean stocks mostly higher; UK GDP rise, French politics weighs
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

European stocks slip as traders digest French election resultEuropean stocks fell at the open on Monday as markets reacted to an expected hung parliament in France.
출처: NBCLA - 🏆 319. / 59 더 많은 것을 읽으십시오 »

European stocks seen slipping as traders digest French election resultEuropean stocks were set to fall at the open on Monday as markets reacted to an expected hung parliament in France.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

European markets rise led by French stocks as traders digest election resultsEuropean stocks opened higher as investors in the region digest the results of the first round of France’s snap election.
출처: NBCNewYork - 🏆 270. / 63 더 많은 것을 읽으십시오 »