The final tally was Macron 23.75%, Le Pen 21.53% and to say markets are relieved
Category: le pen
Trader: “Presto Chango!” All Is (Not) “Right” In The World
“Springtime in Paris can indeed be very enchanting.”
Crise: “Enjoy The Party Markets, But Beware The Hangover”
“While today should be a good one for the euro and risky assets, the party may be short-lived; it wonâ€™t take long before market focus swings back to the United States and a potential government shutdown at the end of the week.”
Here’s Goldman’s Sunday Evening Take On Markets After The French Vote
Were you looking for more coverage on the outcome of the first round of France’s
Macron, Le Pen Set To Square Off In Second Round
Centrist Macron, far-Right Le Pen advance in what should be a market-friendly outcome.
Here’s How The French Polls Will Influence Central Banks This Week
“Following a â€œdisruptiveâ€ election outcome, however, the market may expect a more accommodative tone from the ECB, and the Riksbank is likely to announce an extension of its QE programme that is due to end in June.”
Full Week Ahead Preview: Here’s “What To Watch” After France Votes
“Weâ€™ve heard comment running the gamut from â€œeveryone is petrifiedâ€ to â€œshould be a happy time for risk.â€
“You’re Gonna Frighten People” – Bill Murray Does Frexit
“That’s because it’s the first time I’ve seen it, sir.”
Knife Edge: ECB Readies For Sunday Emergency, One Analyst Says “Keep Your Head”
“If there should be problems for specific French banks liquidity-wise, then the ECB has the … ELA, Emergency Liquidity Assistance, but we don’t expect of course any special movements.”
Trader: Don’t Let Those Damn French People “Ruin Your Weekend”
“Enjoy your Saturday. No polls can be published after Friday midnight Enjoy most of your Sunday. And Good luck!”
Friday Night Reading From Goldman: Here’s What Clients Are Talking About
After a one-week holiday hiatus, Goldman’s David Kostin and crew are back with their weekly
Here’s What’s Changed: “Markets Might Not Have To Wait Two Weeks To Sell Off”
It’s probably safe to say we’ve reached something that approximates “peak” French election analysis on Wall
Is Another “Whatever It Takes” Moment Just Around The Corner?
“If markets turn more negative on the possibility of deposit flights out of the French banking system or on Italian BTPs and banks, the currency can fall more in the absence of a decisive response from the ECB. But, if the ECB were to show a strong hand in the market, buying sovereign debt, this perception could change.”
Trader: “Be Wary Of People Who Say ‘That’s That'”
“But however sanguine your base case is for the outcome, the shock risks are real here and now, as well as from what any of the outcomes will imply.”
French Fries Protip: Don’t Worry About The Second Round, Worry About The First
“Melenchon now has a genuine chance of reaching the second round and, in purely markets terms, he would be as bad, if not worse, for French and European assets. Crucially, polls suggest that if Emmanuel Macron stumbles, the leftist would beat both Le Pen and Francois Fillon in a second-round runoff.”
“OPEC Has A Deal!” Buy Euros! Wait, There’s A French Election? Welcome To Thursday.
Let’s start with oil real quick, because there are some notable headlines on Thursday morning.
Finally! A Visual Guide To The French Elections That Actually Makes Sense
Are you confused by the French elections? Well, we all are to varying degrees. Indeed
Chart Of The Day: “It’s Now Higher Than Brexit And Lehman”
“It is now higher than during Brexit, the Euro-area crisis and GFC levels which means demand for equity hedges has increased materially relative to supply among investors.”
French Fries: “Everyone Is Petrified”
Everyone is petrified. The challenge for each of the four candidates is to seek new votes without alienating their base. French voters are like fish, like eels — very slippery.
SocGen’s Kit Juckes Is “Back From The Alps”: Here’s His Quick Pocket Guide To An Uncertain Market
The tough thing about a market dominated by geopolitical concerns is that geopolitics is country- or at least region-specific. There’s nuance, idiosyncrasies, thousands of years of history peculiar to this country or that, religious undercurrents, etc., etc. You have to take all of that into account when trying to make sense of markets in the context of multiple geopolitical powder kegs.
All Aboard The Geopolitics Train! “Thoughts For The Week Ahead”
All aboard the geopolitical risk train! It took one Brexit, one Trump, a close call
Pardon My French: “Words Speak Louder Than Actions”
Do you speak French?
Is “Vive La France” The Rallying Cry That Gets Oil To $70? One Bank Thinks So
“Should a synchronous recovery take hold, we believe dollar weakness would be bullish for USD oil prices. While micro supply/demand fundamental oil balances still point to higher oil this summer, oil could soon sing â€œVive la Franceâ€. We retain our $70/bbl end-of-June target for Brent.”
Here’s How To Trade The Biggest Political Event Risk In The Developed World
On Monday we brought you the latest from France, where fast approaching Presidential elections have
Vive La France! A Bad Holocaust “Joke,” A Goldman Short Reco, And A 4-Way Race
The “funny” (I mean, it’s not really “funny”, but it kinda is at the same
#Thiswasabadidea: Amid All Kinds Of War, Janet Yellen Takes To Twitter To Calm Nervous Markets
Oh what a difference three days and one Dudley makes. See, you (and a whole