Eurostoxx futures +1.6% in early European trading

• German DAX futures +0.9%
• French CAC 40 futures +2.3%
• UK FTSE futures +0.3%

This comes after the far-right is seen sweeping the first round of the French elections over the weekend. That said, I wouldn’t get too carried away by the manner of victory just yet. A lot can change in the days ahead and there are still risks that could see a political standstill come back into the picture ahead of the second round of votes on 7 July.

This article was written by Justin Low at www.forexlive.com.