European stocks are mixed as worries over French elections ease

European stocks are mixed as worries over French elections ease

On Tuesday, European stocks were mixed, as two surveys revealed that centrist Emmanuel Macron was considered to be the most convincing nominee in a debate between presidential candidates in France.

The benchmark Euro Stoxx 50 surged 0.22%, France’s CAC 40 rallied 0.28%, though Germany’s DAX 30 edged down 0.02%.

The apparent victory eased worries that right-wing as well as anti-euro candidate Marine Le Pen, who has pledged to leave the single-currency bloc if elected, would definitely win out in the French elections, simultaneously bringing the common currency to six-week peaks.

Additionally, market participants looked ahead to the February inflation data from Great Britain. Experts hope that the consumer price index in this country will reach its highest value since November 2013 in a return to the BOE’s 2% objective.

In London, the FTSE 100 decreased 0.06%, as traders waited for the inflation data.

Similar

Asian stocks conclude week on upbeat note

On Friday, Asian equities mostly gained to conclude the trading week on an upbeat note because the Dow along with the S&P 500 had some of their midweek pullback reversed, while remarks from a Federal Reserve representative relived worries of speeding up…

Popular

EU shares mostly inch down

On Friday, EU shares mostly traded lower because markets were busy with digesting comments by ECB President Mario Drgahi…

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera