![<p>Marine Le Pen arrives to speak following voting during the first round of legislative elections in Henin-Beaumont, France, on June 30.</p>, Bloomberg <p>Marine Le Pen arrives to speak following voting during the first round of legislative elections in Henin-Beaumont, France, on June 30.</p>](/polopoly_fs/1.2091379.1719827244!/fileimage/httpImage/image.jpg_gen/derivatives/landscape_140/p-marine-le-pen-nbsp-arrives-to-speak-following-voting-during-the-first-round-of-legislative-elections-in-henin-beaumont-france-on-nbsp-june-30-p.jpg)
Euro Gains on French Voting, China Eyed After PMI: Markets Wrap
The prospect of French political gridlock sent European markets higher on Monday, with investors bidding up the euro and pushing the CAC 40 Index to its biggest gain since 2022.
The prospect of French political gridlock sent European markets higher on Monday, with investors bidding up the euro and pushing the CAC 40 Index to its biggest gain since 2022.
Investors took comfort Monday that Marine Le Pen’s National Rally failed to record a decisive win in the first round of France’s snap parliamentary elections. The optimism is already fading.
An anomaly that has plagued the UK bond market for more than a year ended on Monday, with the 10-year yield rising back above the two-year.
BlackRock Inc. will acquire private capital database provider Preqin for £2.55 billion ($3.2 billion) in cash, as the world’s largest money manager accelerates its push to become a major player in alternative assets.
Turkey, Romania and Bulgaria started a joint mine-hunting force in the Black Sea on Monday to increase shipping safety, particularly for Ukrainian grain exports.
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