Time for risk-on post-French election round one? - Westpac

Analysts at Westpac give their cautiously bullish verdict for early business this week.

Key Quotes:

"As we await verification of the 1st ballot for the French presidency, there remain considerable uncertainties for markets to deal with, even though their concerns of EU-negative results have been substantially reduced.

The net result of this is that pro-EU and risk-on trades should be evident in early trading this week, but the upside should be relatively limited."