-- French stocks clawed back some losses and bonds steadied as traders weighed assurances from far-right leader Marine Le Pen that she’d work with President Emmanuel Macron should she prevail in national elections later this month.Ukraine Bid for Global South Support Falters at Swiss SummitFrance’s CAC 40 benchmark bounced 0.2% higher by late morning, after tumbling last week to the lowest since January.
Last week’s losses allowed the UK to overtake France as the biggest equity market in Europe. The slump erased all of the CAC 40 benchmark’s gains for 2024 — a sharp reversal from scaling record highs a month ago. The gauge sank 6.2% last week, the worst showing since March 2022.The retreat last week also spread to broader European equities, with the benchmark Stoxx Europe 600 Index suffering the worst week since October.
“Investors should stay out of it at the moment,” said Evelyne Gomez-Liechti, rates strategist at Mizuho International. While “there can be some short-term small consolidation,” there’s still huge uncertainty given a lack of clarity over the National Rally’s economic policies, she added.Donald Trump issued an angry and confrontational Father’s Day message Sunday, using the occasion to lash out at his enemies and issue a hyperbolic plea for votes in November’s presidential election.
It appears crowdflation and alternative facts are once again tools in Trumpworld’s arsenal. Kellyanne Conway tried to draw some distinction between Donald Trump and Joe Biden during an appearance on Maria Bartiromo’s Sunday Morning Futures, noting that Trump was making outreaches to Black voters. “You got Donald Trump in Detroit talking to 8,000 people at a Black church,” she told Bartiromo. Read more at The Daily Beast.
Cathie Wood’s stunning new $2,600 Tesla prophecy and Wall Street’s Nvidia stock prediction share an often overlooked investing truth A video released by Ukraine's 68th Jaeger Brigade appears to show a Russian tank falling into a crater and exploding under Ukrainian fire.WASHINGTON — Three months into the coronavirus pandemic, Dr. Anthony Fauci was at home in northwest Washington when he answered his cellphone to President Donald Trump screaming at him in an expletive-laden rant. He had incurred the president’s wrath by remarking that the vaccines under development might not provide long-lasting immunity.
Source: News Formal (newsformal.com)
Emmanuel Macron Bloomberg European Central Bank
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: BNNBloomberg - 🏆 83. / 50 Read more »