LONDON The euro climbed to six-week highs & French bonds & stocks rallied on Tuesday after centrist Emmanuel Macron’s performance in a television debate raised expectations he would win France’s presidential election over the far-right’s Marine Le Pen.
The dollar was in addition held back by doubts approximately how swift U.S. interest rate would rise. Oil prices rallied nearly 1 percent on talk that OPEC could extend supply cuts.
European stock markets opened higher .FTEU3, after a rally in Asia, where MSCI’s broadest index of Asia-Pacific shares external Japan .MIAPJ0000PUS hit 21-month highs, supported by signs of strong global profitable growth.
U.S. stock futures ESc1 1YMc1 pointed to a positive start for Wall Street, which had suffered on Monday as investors worried that President Donald Trump’s plan to cut taxes & boost the economy would take longer than expected to realize.
