Euro hits 6-month high, Asia shares firm after French vote relief
The euro hit a six-month high against the dollar on Monday while Asian shares gained and U.S. stock futures briefly touched a record high, on investor relief after centrist Emmanuel Macron comfortably won the French presidential election. Macron’s emphatic victory brought comfort to investors and European allies alike, who had been nervous about the risk of another populist upheaval, following Britain’s vote to quit the EU and Donald Trump’s election as U.S. president – neither of which had been predicted by pollsters or bookmakers. ‘Sell in May’ may not happen this year,” said Hirokazu Kabeya, chief global strategist at Daiwa Securities.
Source:: http://finance.yahoo.com/news/euro-shares-rally-relief-macron-000314044.html
