Market Update

News this past week:

  • Macron becomes youngest ever elected French President
  • Strong April jobs report points to robust US labour market
  • Eurozone economy grows 0.5% in first quarter
  • Greece agrees bailout terms with creditors
  • Volatile week for commodity prices

Macron

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Market Update

News this past week:

  • Equities & Euro up following first round of French election
  • May calls snap UK election
  • Flash PMI’s encouraging in Europe, less so in US
  • UK retail sales decline in March
  • Poor week for oil as US inventories rise

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