Daily market review – May 8th 2017


The European stock markets opened Monday with a slight drop in prices on the day after France’s presidential election.
Emmanuel Macron is the next president of France, after winning 65.1% of the vote and an impressive gap over right-wing representative Marin Le Pen.
Macron is considered to be a supporter of EU institutions, and for now is breathing on the continent wide after the wave of nationalism sweeping Europe and calling for the dissolution of the euro zone.
It seems that France, at least for now, is outside this matter.

The trading in Asian stock exchanges was with a mixed trend today.
Japanese Nikkei was conspicuously positive, with most of last week’s trading in Japan not on holiday.
In China, the exports from the country in April rose 8 percent from a year ago in dollar terms, while the imports surged by 11.9 percent.
However, the data missed the preliminary forecasts for an increase of 10.4% in exports and 18% in imports.


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