Macron Vs Le Pen
Emmanuel Macron and Marine Le Pen will face one another in the second round of the French election in two weeks. The market reaction has been positive, as investors begin to look past the risk of a Eurozone breakup and price in a likely Macron presidency. Stronger economic data recently in Europe combined with attractive valuations support the case for further gains in European assets, where we are overweight.
Read the full insight from Close Brothers here.
If you have any questions on the impact of the election on your investments then please do not hesitate to contact us:
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PAST INVESTMENT PERFORMANCE IS NOT NECESSARILY A GUIDE TO FUTURE PERFORMANCE. THE VALUE OF INVESTMENTS AND THE INCOME FROM THEM CAN FALL AS WELL AS RISE AND YOU MAY NOT GET BACK THE AMOUNT ORIGINALLY INVESTED.