LONDON/NEW YORK: Indian voters’ tepid endorsement of Prime Minister Narendra Modi leaves a weakened mandate for business-friendly reforms and has foreign money managers thinking twice about.
Amundi, Pictet Lead Contrarian Wave to US Stock Exceptionalism bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The Paris stock market gained almost 0.5% this morning, around 7950 points, helped by the banking sector with +4.2% for Société Générale and +3.7% for Crédit Agricole. A slight wind of optimism.
The Paris Bourse is set to open slightly higher on Friday, in a climate of optimism ahead of the release of US employment figures, which will fuel the debate on the timing of the Federal Reserve s.