European markets jumped; What to expect this week 

European-Stocks

European markets jumped on Monday following the win of the first round of French election by Emmanuel Macron. 

Market moves review:

  • Euro was at $1.0867 on Monday following its biggest advance since Monday
  • GBPUSD close at 1.2794 with highest price reached at 1.2864
  • EURJPY has the biggest change in relation with other major pairs, at 2.04% during the day
  • Gold slipped 0.90%
  • A slightly positive day for Silver when open at 17.82 and close at 17.86
  • FTSE100 and DAX30 reported a positive day with an increase of 1.08% and 3.37% respectively

What is coming this week:

  • Major companies will release their results this week. Among companies expect to report their results are Microsoft Corp., Twitter Inc., Barclays Plc, Daimler AG and Alphabet Inc.
  • Policy meeting of Bank of Japan with news about its monetary easing program
  • The European Central Bank (ECB) monetary policy ahead this Thursday with market participants focus on whether the ECB will withdrawl or not the strong economy support of recent years

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