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eToro, French Election Comment: Behind the Positive Headlines
Mati Greenspan, Senior Market Analyst, eToro
“Everywhere we’re seeing reports that markets are celebrating on the back of Macron and Le Pen making it through to the second round. But it’s our sense this celebratory mood may be a bit premature. Indeed, investors on the eToro platform are less optimistic about the weeks running up to the next round elections. Currently 70% of traders on our platform who are dealing in French stocks are selling, with the large majority shorting the euro vs the US dollar. This goes against broader market reports that the euro is soaring and French stocks are up. Clearly, beneath those headline figures, some investors remain cautious.
“Investors are avoiding investing in longer term positions while uncertainty prevails. It’s been suggested Le Pen has a 40% chance of winning the next round elections, leaving investors facing what feels like a coin toss choice between her and Macron when making investment decisions. Against this backdrop, we expect investors to continue to focus on short term market movements.”
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Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation
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CLS Appoints Six New Board Directors
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces the appointment of six new members to its Board of Directors at the CLS Annual General Meeting held on 9 June 2026.
Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World
Mobey Forum’s Fraud Expert Group has published a new report, Rethinking Fraud in a Connected World: Trust, Collaboration, and Resilience in the Digital Ecosystem, exploring how fraud is evolving beyond traditional banking threats and why stronger collaboration across industries is becoming essential.
SumUp Launches in Canada
SumUp, the global financial technology company, today announced its official launch in Canada. The milestone makes Canada SumUp's 38th market and its latest step in building out its presence across the Americas, as the company continues its mission to make commerce simpler and more accessible for all businesses worldwide.
European Fintech Association Elects New Board of Directors
The European FinTech Association (EFA) today announced the election of its new Board of Directors, bringing together senior leaders from across Europe's fintech ecosystem to guide the Association's work over the coming term.
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Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support
Connect IFA Ltd is pleased to announce key leadership appointments designed to strengthen its commitment to growth and enhance the support it provides to advisers and network members.