The euro firmed and U.S. stock futures hit a record high on Monday after centrist Emmanuel Macron comfortably won the French presidential election. The common currency hit a one-year high of 124.58 yen and a five-month high of 1.08865 Swiss franc . "This result, combined with last week's preliminary Greek debt agreement, will be enough to support a short-term relief rally. The French election is now out of the way," said Norihiro Fujito, senior investment strategist at Mitsubishi UFJ Morgan Stanley Securities. U.S. 10-year Treasury futures dipped on Monday suggesting the 10-year Treasury yield could tick higher from its closing level last week of around 2.35 percent.

Source: dna May 07, 2017 23:26 UTC