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Top related persons:
Macron - 2 ” Mohit Kumar - 2 “ - 2 Emmanual Macron - 1 Le - 1 Jefferies - 1 Emmanuel Macron - 1 Générale - 1
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Paris Europe — France
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London CNN - 2 Popular Front - 1 France’s Interior Ministry - 1 BNP - 1 Credit Agricole - 1 National - 1 National Assembly - 1 CNN - 1

Search resuls for: "” Mohit Kumar"


2 mentions found


☆ French stocks and the euro boosted by election results
  + stars: | 2024-07-01 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +1 min
London CNN —French stocks and the euro rallied Monday after results from the first round of elections suggested the far right will inflict a heavy defeat on President Emmanual Macron but fall short of winning an outright majority in parliament. France’s CAC 40 index, which represents 40 of the biggest companies listed in Paris, rose 2.7% at the open. The euro, which tumbled after Macron called the snap election on June 9, touched the strongest level against the dollar in more than two weeks. Macron’s Ensemble alliance slumped to a dismal third with 20.76%, according to final results published Monday by France’s Interior Ministry. “The immediate reaction is one of a relief rally.”This is a developing story and will be updated.
Persons: Emmanual Macron, Macron, Le, ” Mohit Kumar, Jefferies, “ Organizations: London CNN, Popular Front, France’s Interior Ministry Locations: Paris, Europe
☆ French election shock hits stocks and the euro
  + stars: | 2024-06-10 | by ( Anna Cooban | ) edition.cnn.com   time to read: +4 min
London CNN —The decision by French President Emmanuel Macron to call a snap election after losing to the far right in a vote for European lawmakers roiled markets and the euro Monday. The first round of the French election is scheduled for June 30, followed by the second round on July 7. Under the French system, parliamentary elections are held to elect the 577 members of the lower house, the National Assembly. Higher yields indicate that investors want a bigger premium to buy French bonds given the political uncertainty. “A right-wing majority in the (French parliament) would hamper any reform plans.
Persons: Emmanuel Macron, Macron, Générale, “, ”, Mike O’Sullivan, whittle, Andrew Kenningham, ” Mohit Kumar Organizations: London CNN, BNP, Credit Agricole, National, National Assembly, CNN, Capital Economics, Jefferies Locations: Paris, Europe, —, France
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