French stocks leap in Le Pen 'relief rally' - latest updates

French stocks and the euro leapt higher as traders predicted Marine Le Pen’s National Rally will fall short of a majority in the French parliamentary elections. The euro gained 0.3pc against the pound to be worth nearly 85p, its highest level since before Emmanuel Macron called the snap vote on June 10. The Cac 40 stock index in Paris surged by as much as 2.8pc to be on track for its biggest gain in nearly two years, although it has …