Global Markets React to First Round Vote in French Election
Following the first round of France's snap election, Asian stocks remained subdued while the euro strengthened, with investors now turning their attention to the upcoming runoff in France. European stock markets surged post-election, particularly the French Cac 40 and Euro Stoxx 600, amid speculation of a potential hung parliament in France.
Concerns linger over political risks in France and the U.S., with the Swiss Market Index performing strongly in the second quarter. Expectations are high for significant gains in the DAX in the second half of the year after a minor decline in the previous quarter.
In the U.S., stock markets are poised for a positive open as investors await crucial inflation data and assess the aftermath of the recent presidential debate, with tech stocks leading quarterly gains and the possibility of Fed interest rate adjustments in September.
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