Important Security Notice!
Dear Valued Investor, Beware of a fraudulent website posing as One Plus Capital Ltd. or using One Plus Capital Ltd. correspondence details. Do not engage or provide any information. Report any suspicious activity immediately. We have no relation with Protect yourself from fraud by verifying all communications. Stay vigilant and secure your investments!

Market updates following Macron’s victory and upcoming weekly highlights

NEWS / Blog / Market updates following Macron’s victory and upcoming weekly highlights
Download the Publication Global stocks were up following Emmanuel Macron’s victory on Sunday making him the youngest elected French President. According to official government data, Macron managed to win 66% of the votes against just under 34% for Le Pen. Macron is expected to take office by May 14.

Tokyo and Seoul steered stock markets higher after U.S. stocks closed at a record Friday on better-than-expected data on American jobs. European stocks were among the few losers, mainly pulled down by commodities producers, while in China the prolonged selloff has wiped more than $400 billion from the value of local shares. The euro was lower at $1.0963 given that for investors the Macron-win was fully priced in prior to the final vote.

Oil rose to $46.27 a barrel as analysts inferred that last week’s tumble to five-month low wasn’t supported by fundamental factors but rather technical trading. In addition, Saudi Arabia and Russia reiterated their commitment to extend production cuts into 2018 on an effort to eliminate supply surplus further boosting the price of oil. Gold climbed to a level of $1230.49 per ounce following last week’s drop of 3.2 percent.

Following the end of the French elections, investors are now turning their attention on global growth and corporate earnings, after last week’s robust American jobs report and Federal Reserve comments that boosted optimism in the U.S. economy.

Here’s what global investors will be monitoring this week:

  • The annual Sohn Investment Conference in New York City, where top-tier Wall Street investors including David Einhorn and Bill Ackman will share their insights.
  • Fed official Loretta Mester speaks on the U.S. economy in Chicago and James Bullard participates in a panel discussion in Atlanta on Monday. Central bank policy makers left interest rates unchanged last week, indicating that a disappointing first quarter wouldn’t stop them from raising rates twice more in 2017 following a hike in March.
  • South Korea presidential elections following the large corruption scandal and removal of Park Geun-hye. Polls show former opposition leader Moon Jae-in, who favors a softer confrontation against North Korea, well ahead of centrist Ahn Cheol-soo.
  • Earnings releases continue this week and include results from Walt Disney Co., Mitsubishi Corp., Toyota Motor Corp., Deutsche Telekom AG and Continental AG.

At One Plus Capital, we pride ourselves of being able to deliver tailor-made investment solutions with a global perspective. In order to achieve this, our investment specialists leverage their knowledge and experience to analyze global market trends and construct their expert view. Through the strong relationships of our company with renowned investment institutions, our team is able to access world-class investment research that can enhance the value of their thesis.  

Whatever your investment need might be you are more than welcome to drop as a line at or give us a call at +357 22873760. Our team will be more than happy to guide you through any questions you may have.
Source: Bloomberg

Sitemap | © Copyright, All Rights Reserved. | Designed & Developed by Dot.Cy

The information contained in this website has been prepared and communicated by One Plus Capital Ltd, a Cypriot Investment Firm, operating under license number 111/10 issued by the Cyprus Securities and Exchange Commission ('CySEC') under the license number 111/10 and operates in accordance with the Markets in Financial Instruments Directive II ('MiFID II') of the European Union. One Plus Capital Limited is incorporated under the laws of Cyprus, has its principal place of business at 75 Prodromou Avenue, Nicosia Cyprus and is registered with the Registrar of Companies in Nicosia under the number: HE256347
Risk Warning: Investing in financial instruments can entail a number of risks which can lead to losses. A list of potential investment risks can be found here.

One Plus Capital Ltd is exempt from the right to withdrawal under Article 11 of the Financial Services Distance to Consumers Law of 2004 (Law 242 (I) / 2004), for further details please see our General Agreement.