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Euro Slips After French Vote as Busy Week Begins: Markets Wrap

Euro Slips After French Vote as Busy Week Begins: Markets Wrap
The euro pared most of its early losses after initial projections showed a left-wing coalition was set to win the French legislative election, sowing worries about the nation’s finances. Asian stocks eyed a mixed start into a pivotal week for global markets.

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The euro experienced a decline in response to the unexpected gains of the left-wing coalition in the French legislative election. Initial projections showed the New Popular Front set to win the most seats in parliament, causing concerns about the nation's finances. This news led to a 0.4% slide in the euro in early trading. Additionally, stock futures indicated a mixed start for Asian trading as global markets prepared for a pivotal week.

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