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Market Comment | Focus turns to commodities as European markets breathe a sigh of relief

Published on Thursday, May 4, 2017

Market Comment | Focus turns to commodities as European markets breathe a sigh of relief

Frexit fears diminished further after Emmanuel Macron was perceived as having won yesterday’s debate against Marine Le Pen, further increasing the prospect of a Macron victory next Sunday in the electoral run-off. As a result, the EUR jumped to a six-month high (see) and peripheral risk premiums narrowed in the euro zone. Moreover, regarding the […]

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