Vol surges with French election angst as investor concerns mount
Investors have pumped up volatility indicators this week, spooked by the possibility of a Jean-Luc Mélenchon/Marine Le Pen showdown in the upcoming French presidential election.
The VStoxx index, a measure of volatility based on EuroStoxx 50 options prices, reached 23% on Wednesday, its highest level since Donald Trump won the US presidency in November.“It is true that the French election is becoming a worry for investors, with parameters spiking over the last ...
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