Market movers today
Focus this week continues to be on political risks. The situation regarding North Korea (see below) as well as the first round of the French presidential elections on Sunday will be key drivers. It looks to be a close race among the leading candidates in the first round, while the probability of the National Front's Marine Le Pen winning a second round is still put at only around 25% by betting companies, see Reuters .
There are no big movers on the agenda today but US housing starts and US manufacturing production are due out. The main releases for the rest of the week will be Euro Flash PMI on Friday and the US Philadelphia Fed index on Thursday.