France’s leftists win shock victory prompting a ‘double-edged sword’ as investors grapple with fear and uncertainty
French markets erased initial losses as investors speculated that the lack of a clear majority in the election means the next government will have to compromise, which will keep the most extreme policies off the table. The CAC 40 Index added 0.2% after falling as much as 0.6% in early trading. French bonds were little