Expectations. And this comes after we saw in march, the highest levels both components of the epoe index in ten years. Doesnt sound like a lot of uncertainty when it comes to businesses ahead of elections. Despite the french elections there wasnt a lot of uncertainty when it came to businesses either. It is getting stronger month by month, with the ifo data the last time around it was interesting to look at the expectations. 105. 2 for the expectations. But a forecast of 106. Thats slightly below maybe it seems like expectations are coming off a little bit. It could be interesting to see what german businesses are actually worried about it. Well be speaking with clemens fue tch fuest, the president of economics, that interview in ten minutes time. Take a look at the markets were still keller. Look at the cac first of all, after the first round of elections. The cac 40 up by 4 so hanging on with strong gains with Emmanuel Macron winning the first round followed by Marine Le Pen. Both of
Happy monday. Welcome to Worldwide Exchange. Im sara eisen. Good morning. Good morning. Wilfred is off. Covering the French Elections once again from paris this morning, markets on the move, well get to him in just a moment. There he is. Lets first check on the Global Markets this morning. A celebration of the results of the French Election, we saw that right away in the euro which trades first on a sunday. But there is the reaction of u. S. Equity futures. A more than 200point rise in futures. 212 points higher at this early hour. S p futures up 28. Nasdaq up 60. This has ripple effects all over the world. Risk taking back on. Lets show you the tenyear treasury note yield. 24 hour look at this. You really saw the jump after the market started opening on the results of the French Election. We will get it for you. Theres the tenyear note yield. There you can see selling of the bondses. Yields jump eed 230. The biggest reaction has to be in the currency. We saw it in the euro against the
Headed to capitol hill tomorrow. Also, tomorrow marks a very key day in the russia inquiry. Acting secretary will reveal warnings she says she issued about National Security adviser mike flynn. That is all in our show. But the lead story here is france electing a new president with the ramifications for the United States, europe, as well as russia. The 39yearold is a first time candidate who beat out frances dominant political party. An n. American terms this is the equivalent of a Third Party Candidate beating the republican and democratic sikts. His win is cheered by european progressives. He backs the multilateralism of the eu. That is maureen le pen who cam panld against the concept of a utd europe. Her father founded her father long known for the hard edge politics and bigotry. Macron defeating le pen with twothirds of the vote. Le pens defiance could not obscure the message that french voters sent today. They said enough to the pop lift right global wave and they were clearly unm
The hour, out of headquarters in new york city. We go straight to france where the centrist candidate defeats Marine Le Pen. Matt bradley and msnbc contributor chris dickey are live for us. Start of the top of the hour for us, matt. Where we are right now, we understand that the president elect is on his way to that big celebration down by the louvre. Thats right. Emmanuel macron has already addressed the public, but he seemed to do it in a closed setting in his office and in fact as you mentioned, richard, before we got a sneak peek with some of the cameras. That allowed us to see the makeup being applied so it was clear he wasnt addressing the massive crowds that have gathered under very, very tight security in that iconic louvre in front of the pyramid there. With djs and the rap acts playing, it seems now that macron is going to address the nation once again. This time in front of adoring flag waving crowds. Some waving the french flag. And macron has ridden to power, championing t