Shares surge across Europe as investors welcome the prospect of Emmanuel Macron becoming France’s next president
- Latest: French stock market jumps to nine-year high
- Investec: Why Macron is likely to be next president
- ABN Amro: Macron could struggle to get reforms through
- Euro spikes to $1.09 after French election
- French bonds are rallying too
- Live reaction: France wakes up to new political landscape
- French election: Macron to face Le Pen after first round
Britain’s factory bosses have reported that 2017 got off to a good start, but there may be tougher times ahead.
“UK manufacturers are enjoying strong growth in demand from customers in the UK and overseas, and continue to ramp up production.
“Exports have surged and firms are at their most optimistic about selling overseas in over four decades. Even so, the combination of the weak pound and recovering commodity prices means that cost pressures continue to build, and manufacturers report no sign of them abating over the near-term.”
Bloomberg have a rather neat scoreboard showing the state of the markets today.