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'Lucky' Sinner defeats big-hitting Berrettini to reach Wimbledon third round
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Messi a doubt for Argentina ahead of Copa quarter-final
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British tennis ace Raducanu votes for 'lie-in' on election day
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France film director Jacquot charged with raping two actors
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Israel 'evaluating' new Hamas 'ideas' on halting Gaza war
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Venezuela, US agree to 'improve relations,' says Caracas
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Under-fire Kenya govt says to review state salary hikes
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Thousands told to flee raging California wildfire
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Osaka focuses on Olympics after Wimbledon KO
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Tens of thousands flee south Gaza as tensions soar
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US Fed officials stressed 'patience' on rate cuts: minutes
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Blond not bombs as Fognini learns to love Wimbledon
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New lithium plant inaugurated in Argentina
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Threads hits 175 mn users on first anniversary
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French court says Netflix shark hit can keep streaming in copycat row
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Comeback king 'Cav' to carry on doing the thing he loves
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Alcaraz marches on at Wimbledon as Osaka returns to Centre Court
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Biden under pressure as Democratic panic rises
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Belarus frees 'some political prisoners': exiled opposition leader
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Alcaraz coasts into Wimbledon third round
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Cavendish makes Tour de France history with 35th stage win
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Everton sign forward Ndiaye from Marseille
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Bailed Indian opposition leader to return as chief minister
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World's oldest artwork discovered in Indonesian cave
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Toney urges England to kick on after Euros reprieve
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Murray teams up with Raducanu in Wimbledon mixed doubles
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Former England rugby coach Jack Rowell dies aged 87
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Hurricane Beryl bears down on Jamaica
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US trade deficit expands less than expected in May: govt
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'The god took away my son': Indians grieve after deadly stampede
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Moscow hit by heat not seen in over a century
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US private hiring eases unexpectedly in June: ADP
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Confident Kroos says Germany-Spain clash 'won't be my last game'
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Paris bars to open 24h for Olympics opening ceremony
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Putin, Xi vie for influence at Central Asian summit
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Germany, Sweden arrest eight over Syria crimes against humanity
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French giant Mpetshi Perricard joins Wimbledon heavy artillery
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Two-time Major winner Langer to make 'emotional' European Tour bow
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French PM urges united front to stop far-right takeover
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Olympic silver medallist gymnast Poujade dies at 51
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Bhole Baba: preacher at centre of Indian stampede disaster
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Microsoft to invest 2.2 bn euros in Spain data centres
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Showdowns, young guns and own goals as Euro 2024 head into quarter-finals
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Russia advances in east, kills five in Dnipro strikes
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France prosecutors request rape charges against film director
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Schumacher blackmail suspects had 'family photos'
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EU clears Lufthansa's proposed ITA Airways stake, with conditions
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Indian World Cup winners head home after hurricane delay
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120,000 'stolen' babies: Georgia's trafficking scandal
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Only far right can win absolute majority, French PM warns
Paris stocks rally, euro climbs tracking French election
The euro rose and the Paris stock market rallied Monday on signs France's far-right would not win enough seats for an overall majority in legislative elections.
The far-right National Rally (NR) party of Marine Le Pen won a resounding victory in the first round of the polls Sunday, with President Emmanuel Macron's centrists trailing in third behind a left-wing coalition.
But the key suspense ahead of the second round on July 7 was whether the RN would win an absolute majority in the new National Assembly.
"The French election results have led to a sigh of relief from financial markets," noted Kathleen Brooks, research director at XTB trading group.
Macron and his allies have begun a week of intense campaigning ahead of the second round of legislative elections to prevent the NR from taking an absolute majority and control of government in a historic first.
A hung parliament could lead to months of political paralysis and chaos, according to analysts.
It could meanwhile "reduce the chance of a big spending splurge, but wouldn't exactly help sort France's fiscal position, which is already quite fragile", said Neil Wilson, chief market analyst at Finalto.
Approaching the half-way stage in European stocks trading Monday, the Paris CAC 40 index jumped 1.5 percent. It had opened up around 2.5 percent.
London rose modestly in midday deals as Britain gears up for its own general election on Thursday, with the main opposition Labour party on course to end 14 years of Conservative rule.
The Tories, led by Prime Minister Rishi Sunak, have trailed badly in polls throughout the UK election campaign.
The pound gained against the dollar, which took a knock from cooler US inflation data last Friday.
This has increased the chances of the Federal Reserve cutting interest rates this year.
"The door to a September cut is wide open," said Taylor Nugent at National Australia Bank.
He cautioned, however, that several releases on US inflation and jobs data before then could affect the outcome.
- Key figures around 1100 GMT -
Paris - CAC 40: UP 1.5 percent at 7,594.60 points
London - FTSE 100: UP 0.3 percent at 8,188.22
Frankfurt - DAX: UP 0.3 percent at 18,29586
EURO STOXX 50: UP 0.9 percent at 4,936.89
Tokyo - Nikkei 225: UP 0.1 percent at 39,631.06 (close)
Shanghai - Composite: UP 0.9 percent at 2,994.73 (close)
Hong Kong - Hang Seng Index: Closed for holiday
New York - Dow: DOWN 0.1 percent at 39,118.86 (close)
Euro/dollar: UP at $1.0755 from $1.0713 on Friday
Pound/dollar: UP at $1.2671 from $1.2644
Euro/pound: UP at 84.87 pence from 84.71 pence
Dollar/yen: UP at 161.10 yen from 160.92 yen
Brent North Sea Crude: UP 0.5 percent at $85.44 per barrel
West Texas Intermediate: UP 0.4 percent at $81.90 per barrel
T.Batista--PC