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1.Market Observations, 8.Was Sticky

25 Apr 2017 (TheAge) – European equities rally on French election hopes as political risk fades

(25 April 2017, The Age, BusinessDay, p20, Vesna Poljak)

‘European equities staged a euphoric rally and the euro surged to a five-month as Emmanuel Macron emerged the clear frontrunner in the French presidential race ahead of the far-right candidate Marine Le Pen. France’s benchmark CAC 40 Index and the regional blue-chip Euro Stoxx 50 Index rose more than 4 per cent and 3 per cent at the open of trading in Paris on Monday. As preliminary poll results put the independent Mr Macron ahead in what was billed as a tight four-horse race, the euro advanced to the highest level since November 2016.’

Read more at TheAge.com.au

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