Emmanuel Macron's victory last week in the second round of the French Presidential Election seemed assured, but commentators had warned 'never say never' in a world where Brexit and President Trump became a reality.
Investors had already been betting heavily on a triumph for the pro-European En Marche! candidate, who will be the youngest ever French president, aged just 39. The week before voters went to the polls for the second time, the Stoxx Europe 600 rose to its highest level since August 2015, while the French CAC 40 closed at a nine-year high. Funds targeting the region have attracted six straight weeks of inflows in their longest positive streak since late 2015, according to the Financial Times, as investors became more optimistic about economic data in the region and an improving company...
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