
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.
Setelah 18 peristiwa geopolitik bullish sebelumnya, Euro (USD per EUR) bergerak median +1,9% selama 5 sesi (83% lebih tinggi; separuh tengah +0,9% sampai +2,0%), dan +2,0% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
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.