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Uncertainty vanishes with Macron win

Published Fri, May 12, 2017 · 09:50 PM

    1. What do you think was the most significant thing that happened this week?

    After the May 7 French presidential election resulted in a resounding victory for the market's candidate of choice, Emmanuel Macron, financial markets celebrated as one of the biggest fears of the year - a Marine Le Pen victory - fell away.

    On Monday, the VIX, or the volatility index in the US which is regarded as a measure of fear, traded at a low not seen in more than 23 years.

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