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A European stock rally after the French election spread to Wall Street, with the Nasdaq closing at a record high and the Dow and S&P 500 up about 1.1 percent. Europe's main markets rose at least 2 percent and the euro hit a five-month high as fears over the vote eased.
Easing political risk in France supports the euro and risk appetite, but the move is driven by equities and currencies rather than feed supply or demand. Feed buyers should see little direct price effect.
bbc.com23 abr 2017Tras 18 eventos alcista de geopolítica pasados, Euro (USD por EUR) se movió una mediana de +1,9 % en 5 sesiones (83% al alza; mitad central entre +0,9 % y +2,0 %), y +2,0 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
It describes the relief rally and the euro's five-month high, but it is dated 04-23 and mostly covers equities, so it is a weaker link to the one-day move.
