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Wall Street futures take a breath before busy week

GLOBAL MARKETS-Wall Street futures take a breath before busy week Asian stock markets: https://tmsnrt.rs/2zpUAr4 Euro steadies as France heads for hung parliament Stocks underpinned by hopes for Sept Fed rate cut Week features US CPI data, Fed's Powell, corporate earnings Recasts for Wall Street open, adds quote in paragraph 8, updates prices throughout By Nell Mackenzie LONDON, July 8 (Reuters) - Wall Street futures were little changed on Monday, as investors prepared for a busy week that will
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Euro steadies as investors weigh up French gridlock; dollar soft

FOREX-Euro steadies as investors weigh up French gridlock; dollar soft Updates prices By Kevin Buckland and Amanda Cooper TOKYO/LONDON, July 8 (Reuters) - The euro steadied on Monday, recovering overnight losses that stemmed from projections from France's election which pointed to a hung parliament, while the dollar remained soft. The dollar remained on the back foot following surprisingly soft U.S.
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The two most important factors influencing currencies today

BUZZ-COMMENT-The two most important factors influencing currencies today July 8 (Reuters) - The two most important factors influencing currencies today are the robust state of risk appetite that has lifted many stock indexes to record highs, and the quiet state of FX markets which has seen volatility slump in major markets . When combined, these two factors support the establishment of carry trades which have been further enhanced by favourable moves in the direction for the few currencies that
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Stocks surfing new highs, French surprise

MORNING BID AMERICAS-Stocks surfing new highs, French surprise A look at the day ahead in U.S. and global markets from Mike Dolan Wall St stocks start the week surfing new records into another earnings season and Federal Reserve testimony, while surprise French election results saw the country's left-wing thwart Marine Le Pen's far right and leave a hung parliament there.
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French political deadlock, dour Asia close take shine off world stocks

GLOBAL MARKETS-French political deadlock, dour Asia close take shine off world stocks Asian stock markets: https://tmsnrt.rs/2zpUAr4 Euro down a fraction as France heads for hung parliament Stocks underpinned by hopes for Sept Fed rate cut Week features US CPI data, Fed's Powell, corporate earnings Adds quote in paragraphs 5-6, updates prices throughout By Nell Mackenzie and Wayne Cole LONDON/SYDNEY, July 8 (Reuters) - World stocks held just below record highs on Monday, with sentiment slightly
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Sterling threatening to better its 2024 high

BUZZ-COMMENT-Sterling threatening to better its 2024 high July 8 (Reuters) - Investors have backed the pound since last week's Labour party election win and coupled with surprisingly soft U.S. payroll data Friday GBP has gained 0.4% versus the dollar, bringing the 1.2894 March 8 and 2024 high into view. Sterling completed a seven-day uninterrupted bull run versus the dollar Friday and remains the best performing currency versus the U.S.
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Euro steadies as investors weigh up French gridlock; dollar soft

FOREX-Euro steadies as investors weigh up French gridlock; dollar soft Adds comment, refreshes prices at 0912 GMT By Kevin Buckland and Amanda Cooper TOKYO/LONDON, July 8 (Reuters) - The euro steadied on Monday, recovering overnight losses that stemmed from projections from France's election pointed to a hung parliament, while the dollar remained soft.
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EUR/USD could easily be trading current level in December

BUZZ-COMMENT-EUR/USD could easily be trading current level in December July 8 (Reuters) - Trapped in tight ranges for eighteen months EUR/USD could easily be trading its current level in December. Despite speculation about bigger moves, the pair has been stuck largely within 1.05-1.10 and hasn't strayed far from the centre of that range during the French election.
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Why EUR/USD is more likely to return to its range low

BUZZ-COMMENT-Why EUR/USD is more likely to return to its range low July 8 (Reuters) - There are good reasons to think EUR/USD's upside potential will be limited and more chance of it heading back toward the lower end of the long term range at 1.1240-1.0448 over coming months. While the French election may have avoided the fiscal disaster associated with a win for the far right National Rally (RN) , it has resulted in a hung parliament which will being its own problems for France and potentially,
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Pound touches three-week high vs euro after France vote

Pound touches three-week high vs euro after France vote LONDON, July 8 (Reuters) - The pound traded at a three-week high against the euro on Monday, after Sunday's election in France looked likely to result in a hung parliament that raises the risk of political gridlock in the euro zone's second-largest economy. In the UK, new Finance Minister Rachel Reeves will pledge on Monday to take "difficult decisions" to drive economic growth, including swift changes to unblock infrastructure and private
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Take Five: Banks and rates

RPT-GRAPHIC-Take Five: Banks and rates Updates France election entry July 8 (Reuters) - Federal Reserve Chair Jerome Powell's testimony and U.S. inflation data top the agenda in the week to come, with U.S. banks reporting earnings and rate decisions due in New Zealand and South Korea. Meanwhile, the tectonic plates of politics continue shifting, with France's Sunday election following hot on the heels of the UK vote.
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Euro slips on French gridlock; dollar weak after payrolls surprise

FOREX-Euro slips on French gridlock; dollar weak after payrolls surprise Updates prices and adds details By Kevin Buckland TOKYO, July 8 (Reuters) - The euro slipped on Monday after projections from France's election pointed to a hung parliament amid an unexpectedly strong showing for a left-wing alliance, spawning fresh uncertainty over the country's fiscal outlook.
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Asian shares edge higher, euro dogged by French political deadlock

GLOBAL MARKETS-Asian shares edge higher, euro dogged by French political deadlock Asian stock markets : https://tmsnrt.rs/2zpUAr4 Euro down a fraction as France heads for hung parliament Stocks underpinned by hopes for Sept Fed rate cut Week features U.S. CPI data, Fed Powell, corporate earnings Updates prices By Wayne Cole SYDNEY, July 8 (Reuters) - Asian stocks inched higher on Monday as investors grew more confident about a September U.S.
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French left outflanks the right

MORNING BID EUROPE-French left outflanks the right By Wayne Cole July 8 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. All the han d-w ringing ab o ut a far-right victory in France looks to have been premature, with polls suggesting the leftist New Popular Front alliance gained the most seats , though well short of a majority.
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France shifts to the left, but risk of policy paralysis looms

France shifts to the left, but risk of policy paralysis looms By Richard Lough PARIS, July 8 (Reuters) - France faced a hung parliament and the prospect of taxing negotiations starting Monday to form a government, after a surprise left-wing surge blocked Marine Le Pen's quest to bring the far right to power. The leftist New Popular Front (NFP) emerged as the dominant force in the National Assembly after Sunday's election, but with no single group securing a working majority the possibilities inc
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Asia shares firm, euro dogged by French political deadlock

GLOBAL MARKETS-Asia shares firm, euro dogged by French political deadlock Asian stock markets : https://tmsnrt.rs/2zpUAr4 Euro down a fraction as France heads for hung parliament Stocks underpinned by hopes for Sept Fed rate cut Week sees U.S. CPI data, Fed Powell, corporate earnings Updates prices, adds Chinese stock movements in paragraph 10 By Wayne Cole SYDNEY, July 8 (Reuters) - Asian stocks inched higher on Monday as investors grew more confident about a September U.S.
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Euro eases on French poll gridlock, dollar sluggish after US payrolls

FOREX-Euro eases on French poll gridlock, dollar sluggish after US payrolls By Kevin Buckland TOKYO, July 8 (Reuters) - The euro slipped on Monday after projections from France's election pointed to a hung parliament amid an unexpectedly strong showing for a left-wing alliance, spawning fresh uncertainty over the country's fiscal outlook. The dollar remained on the back foot following surprisingly soft U.S.
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Asia shares firm, euro dogged by French election deadlock

GLOBAL MARKETS-Asia shares firm, euro dogged by French election deadlock Asian stock markets : https://tmsnrt.rs/2zpUAr4 Euro down a fraction as France heads for hung parliament Stocks underpinned by hopes for Sept Fed rate cut Week sees US CPI data, Fed Powell, corporate earnings By Wayne Cole SYDNEY, July 8 (Reuters) - Asian stocks inched higher on Monday as investors grew more confident about a September U.S.
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Left-wing New Popular Front coalition leads French election, polls show

INSTANT VIEW-Left-wing New Popular Front coalition leads French election, polls show Updates with more comment, early market reaction LONDON, July 7 (Reuters) - France was on track for a hung parliament in Sunday's election, with a leftist alliance unexpectedly taking the top spot ahead of the far right, in a major upset that was set to prevent Marine Le Pen's National Rally ( RN) from running the government.
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French stocks turn higher, risk premium steady as investors process election result

UPDATE 6-French stocks turn higher, risk premium steady as investors process election result Left wing bloc wins most seats, but no overall majority Banks turn higher after early falls, CAC40 up 0.4% OAT-Bund spread choppy but last around 1 bp narrower Investors apprehensive as policy outlook remains uncertain Updates prices at 1030 GMT, adds updated charts By Harry Robertson, Alun John and Dhara Ranasinghe LONDON, July 8 (Reuters) - French shares turned higher on Monday after initial falls and
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