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- W4255193986 abstract "Significance Optimism that the centrist candidate and frontrunner, Emmanuel Macron, will win the French presidential election run-off on May 7 is contributing to inflows into European stock markets at a time when sentiment towards US equities is cooling. The euro has risen against the dollar to its highest level since the US presidential election. Investors are focusing on euro-area activity -- first-quarter euro-area GDP outgrew the United States, while manufacturing and services purchasing managers' surveys are at a six-year high. Impacts Bond markets remain sceptical about faster US growth and inflation -- the ten-year US Treasury yield has fallen since mid-March. Oil prices have fallen by nearly 10% since April 11, owing to concerns about the credibility of OPEC's cuts and a persistent supply glut. Sentiment towards China is starting to worsen because of credit-tightening measures and more regulatory scrutiny of financial instruments. The only way Le Pen could become president would be if turnout among Macron's supporters was sharply lower than among her voters." @default.
- W4255193986 created "2022-05-12" @default.
- W4255193986 date "2017-05-03" @default.
- W4255193986 modified "2023-09-27" @default.
- W4255193986 title "Investors rotate into Europe ahead of French run-off" @default.
- W4255193986 doi "https://doi.org/10.1108/oxan-db220614" @default.
- W4255193986 hasPublicationYear "2017" @default.
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