Investors cheer France vote as far-right vs far-left clash averted


  • World
  • Monday, 24 Apr 2017

Emmanuel Macron, head of the political movement En Marche !, or Onwards !, and candidate for the 2017 French presidential election, gestures to supporters after the first round of 2017 French presidential election in Paris, France, April 23, 2017. REUTERS/Philippe Wojazer

LONDON (Reuters) - The euro surged in early trading in Asia on Sunday, while French bond yields were expected to fall and French stocks to rally on Monday morning, on relief that France had not been left with a choice between two radical, anti-EU presidential candidates.

Multiple projections showed centrist Emmanuel Macron and far-right leader Marine Le Pen set to face each other in a May 7 runoff for the French presidency, after coming first and second in Sunday's first round of voting.

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