European equities shed some gains after a global rally in stock markets.
The results from the first round of the French elections can still be seen in equity markets.
On Sunday, the final French presidential candidates were chosen.
After a shooting in central Paris on Thursday, the euro fell sharply. The euro is now trading at 1.071 against the dollar.
Oil prices are recovering after a 3.8% decline on Wednesday. US gasoline showed an increase in storages, which spurred bearish bets for energy stocks, in yesterday’s trading session. Crude inventories came in as expected, which is cushioning the commodity’s fall in today’s trade. Crude oil is now up 0.7%, at $51.27 per barrel. The fall…
UK assets take centre stage after UK Prime Minister Theresa May called a snap election for the 8th of June.
Markets are sensitive to the geopolitical risks which linger from the weekend’s events.
The four things you need to know today
The three things you need to know before having your morning coffee. 1. US Military Strike With a weapon known as the ‘’mother of all bombs’’ the US destroyed an Isis State base in Afghanistan on Thursday evening, according to Afghan defence ministry. No civilians were harmed by the insistent. 2. Trump’s Strong Dollar Trump’s…
Geopolitical tensions are what is driving the markets at the moment, which started after the US attacked Syria after the chemical gas attack last week.