Euro and European equities are lower on Tuesday morning after early week rally [Video]

Ipek Ozkardeskaya Swissquote Bank Ltd

The week started on a positive note but the positive vibes will likely leave their place to the chatter of scenarios regarding how the French will prevent Marine Le Pen from gaining a majority in the parliament in the second round of the legislative election this weekend. The euro and European equities are lower on Tuesday morning after early week rally. Eyes on Eurozone inflation data.

In the US, soft data didn’t prevent US bonds from falling as Trump win expectations lead to a steepening of the curve.

In the UK, Cable remains under pressure ahead of Thursday’s general election while the FTSE 100 can’t fully benefit from a softer sterling and a rapid rise in oil prices.

US crude rallies ahead of the July 4th holiday in the US and Hurricane Beryl

Author

Ipek Ozkardeskaya

Swissquote Bank Ltd

Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.

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