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Week Ahead – Round two of French elections, Powell testimony and US CPI
video Traders will be sitting on the edge of their seats on Sunday, in anticipation of Monday’s open and what market impact the second round of the French election will have. The far-right National Rally (RN) led the first round last Sunday, but the left-wing New Popular Front (NFP) was not far behind. The outcome also revealed that RN and its allies took first place in 296 out of 577 constituencies, which could translate in absolute majority in the second round. However, left-wing and centrist parties formed an alliance and decided to withdraw their candidates in electorates where there is a three-way runoff, in ... (full story)