
French stock markets rose on Monday morning and the euro reached its highest level since November against the dollar. Investors bet against a Le Pen victory, with Macron positioned ahead of the second round.
Reduced expectations of a Le Pen win support the euro and European assets. The effect on feed commodity prices is indirect.
Tras 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.
Investors bet against a Le Pen victory and the euro reached its highest level since November, which supports the euro move.