Daily Morning Call

From the Floor: Markets pricing in Macron victory

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Bond markets are pricing in a victory for the centrist candidate Emmanuel Macron in the first round of France's presidential election this weekend, and gold could be headed for a correction if the outcome of the French vote is deemed market-friendly. A terror attack that killed one policeman and wounded two others on the Champs-Elysees on Thursday evening has so far triggered only a modest risk-off reaction.