
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.
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.
Investors bet against a Le Pen victory and the euro reached its highest level since November, which supports the euro move.