The Traderszone Network

Centrist Emmanuel Macron and far-right leader Marine Le Pen head for a second round runoff on May 7 in France’s presidential election.

The American economy and the industries that power it have experienced fascinating change over the last half century. An interesting way to track that change is by following the largest, most powerful companies in the United States has they make their way up and down the annual Fortune 500 list.

Slant Marketing has done just that and compiled their findings into a super interesting interactive that can be seen here.

(click image for interactive version)

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With votes in the French general election’s first round pointing to no major upset and the strong likelihood of a pro-EU, pro-euro president, markets are reading the situation positively with stocks, bonds and the euro’s value against the US dollar set to be boosted. But discount further volatility.

Highlights:

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Trades above and below 38.2% retracement
The EURGBP also gapped higher after French election results, with the price moving back above a broken trend line at 0.8475 on the daily chart.  According to my chart, the low today has found support against that trend line level.  

Early tallies of the closely watched vote Sunday showed centrist candidate Emmanuel Macron and far-right Marine Le Pen set to make it to the second round of the country’s presidential election on May 7.
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State investment funds in Abu Dhabi and Malaysia struck an agreement to avoid potentially embarrassing arbitration proceedings related to billions of dollars that were allegedly misappropriated by a conspiracy of former executives and advisers to both funds, according to people with direct knowledge of the deal.
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