Labour victory ‘would be good news for the pound’; euro weakens after European elections – business live

Labour victory ‘would be good news for the pound’; euro weakens after European elections – business live

Rolling coverage of the latest economic and financial news

The gap between Germany’s borrowing costs and other eurozone members is widening this morning, a sign that Sunday’s EU election results have rattled investors.

The difference between the yield (or interest rate) on German and French government bonds has widened, after Emmanuel Macron called new parliamentary elections last night.

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