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Wall Street Reacts To Macron's Win: "Don't Expect Fireworks"

Wall Street Reacts To Macron's Win: "Don't Expect Fireworks"

Emmanuel Macron has won the presidency of France, and markets can heave a sigh of relief. The key question for traders is what comes next.

As Bloomberg's Cameron Crise notes, markets have cheered Macron’s victory not for who he is, but rather because of who he is not. That is a fairly slender thread on which to hang a case for a secular reversal in the euro.