Perspectives
Perspectives - May 2017
Across the Atlantic, US stock have been hitting fresh record highs during the month while European and Asian stock traded with a positive bias, as well. Global investors heaved a sigh of relief in the wake of the pro-EU centrist Emmanuel Macron, who served as on economy minister under the outgoing president Francois Hollande, winning the French presidency. Post Brexit and the outcome of the US elections, the world was being assailed by a growing wave of protectionism and far right politics. However, the victor of Macron, who is as staunch supporter of the European Union, is likely to placate anxious global investors.