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Dirhams & Dollars — Ep 7: Mad markets, furious risk

The Business team discusses French elections, oil markets, US stocks

Gulf News

Dubai: In this episode of Dirhams & Dollars, the Business desk looks at the news in the week ahead, especially at the upcoming round of the French presidential elections.

What do Emmanuel Macron’s and Marine Le Pen’s victories in the first round of the elections mean for the Euro? Could Europe be looking at yet another black swan event with this next round of the elections scheduled for May 7? And what does this uncertainty mean for gold prices?

The team also discusses US markets, and the expectations there going forward, as well as the possibility of a US government shutdown.

Lastly, the Business team discusses oil prices and the upcoming Opec meeting. The increase in shale production from the US makes the next Opec meet all the more significant, and the team discusses expectations for that meeting.