Political risks subside in Europe, but yen hits new low
24 days ago
The markets have had trouble digesting election risks in Europe and the US this week, however, as we move to the middle of the week, they seem to have made up their mind. The worst fears about the French election seem to have subsided, concerns about the UK election tomorrow do not appear to be disruptive to markets, and even the disarray within the Democrats campaign in the US and whether or not Joe Biden will continue as their nominee is no match for the dominance of the US stock market.
GCI