Le Pen Cleared to Run: What It Means for EUR

Le Pen Cleared to Run: What It Means for EUR

What Happened A French court cleared Marine Le Pen to contest next year’s presidential election, according to Reuters, injecting fresh political uncertainty into the Eurozone’s largest economy. The ruling arrived on a day when WTI crude fell 2.77% to $71.48 per barrel, gold rose 1.82% to $4,145 per troy ounce, and the US 10-year Treasury … Read more

Iran Deal Hands Europe an Energy Windfall — and ECB Options

Iran Deal Hands Europe an Energy Windfall — and ECB Options

Snapshot US President Donald Trump declared a US-Iran agreement “all signed” on Sunday, and markets wasted no time repricing risk. WTI crude dropped 5.17% to $80.49 per barrel — a swift, decisive move that cascaded through every major asset class by Monday’s session. The S&P 500 gained 2.29% to 7,563, the Nasdaq surged 3.33% to … Read more