Divyang Shah, IFR Senior Strategist
Divyang's focus is in following broad macro trends globally with a view to building a tradable analytical framework. He was editor of the flagship products at IDEAglobal as well as head of FX research and then moved to Chief Strategist at Commonwealth Bank of Australia before joining IFR.
Eurozone 10-year spreads are actually wider on the day despite an expected win for Emmanuel Macron in the final round of the French presidential election.
The VIX in double-digit territory has been the norm, but Monday’s low print of 9.9% is a rare occurrence, especially as uncertainty still lingers over last year’s twin surprises of Brexit/Trump.
The countdown to the June 8 election begins, but what are the Brexit implications of PM May’s Conservative Party extending its current 17-seat majority in the House of Commons?