020 7898 0500Many of the talking points on Thursday revolved around the final live TV debate between French presidential candidates Emmanuel Macron and Marine Le Pen. The event was a furious mix of vitriol, scorn and insults. According to press reports, Macron emerged as the winner, but that was only the battle. Expect to see the market remain cautious of the outcome until it is over.
Economic data from Europe remained upbeat following on from Wednesday’s positive GDP number. The final reading on the PMI service for the Eurozone showed positive growth, with Spanish unemployment figures proving the biggest surprise. Indeed, Spanish unemployment dropped by more than 129,000 against an expectation of 78,200.
Today will likely be a quiet final trading session of the week until the fireworks of the weekend are spent.
