French election could be a bigger shock to markets than Brexit or Trump
CNN
French voters are expected to hand Emmanuel Macron five more years in office on Sunday, favoring the president over far-right candidate Marine Le Pen after a strong showing in a fiery debate. But investors remain on edge.
With polls indicating the presidential election is narrower than when the two candidates faced off in 2017, traders are girding for a surprise Le Pen win, which would rattle Europe's second biggest economy as fears of a recession in the region grow.
"It could be bigger than Brexit. It could be bigger than Trump, if Le Pen prevails," said Michael Hewson, chief market analyst at CMC Markets.
An Israeli airstrike on a multi-story building in northern Gaza killed at least 27 people, relief officials said, as the Israeli military issued new evacuation orders in the area – where it is mounting a major offensive.
If his first term in the White House is any indication, President-elect Donald Trump is likely to keep the Middle East high on his agenda.
Rights groups say journalist Reza Valizadeh has been detained, amid heightened tensions between the United States and Iran.
A female student stripped to her underwear outside her university in Iran in what some student and rights groups say was a protest against the country’s strict Islamic dress code.
Israel is at a “high level of readiness” for a response from Iran, an Israeli military source told CNN, as US officials visited the Middle East for a renewed push to resolve the conflicts in Gaza and Lebanon. Follow live updates.