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Traders take orders on the New York Stock Exchange (NYSE) as results of the first round of French presidential elections sparked a relief rally in world financial markets. Photo: Bloomberg

Stocks and euro surge as market favourite Macron wins early vote

Global equity markets rallied on Monday to lift a gauge of world stock indexes to a fresh peak, while the euro briefly jumped to a five-month high against the US dollar as the first round of an election in France went to the market’s preferred contender.

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