FXStreet – European stock markets fell on Monday as a reaction to the victory of Pro-European, Emmanuel Macron, the French presidential elections. Blame should have been profit-taking due to the height of flight over the past few weeks. In addition, such a result has been expected, the majority of the market.
“A victory Macrons was fully priced into the markets. So were already observed in the early movements of profit-taking,“ said Darren Ruane, Head of Fixed Interest at Investec. The European Stoxx 600 lost 0.13 percent to 394,04 points. The leading German index, the DAX, fell by 0.18 per cent to 12.694,55 points. For the French CAC 40 was almost 1% to 5.382,95 points down. Only the British FTSE 100 Index gained 3 points,or 0.04 percent, to 7,300, 50 points.
The FTSE Index is likely to be particularly the fact supports that Theresa Mays Conservative in the recent polls to the elections, clearly the nose in front.
** FXStreet News Editorial, FXStreet**