FIRST AIRED: February 27, 2017

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00:00:01
>> French politics driving European bond markets on Monday, new polls show Centrist candidate, Emmanuel Macron would easily beat the far right Marie le Pen in May's presidential election. Debt pulling to a one month low difference tenure bond yeild, abroad measure of a country's financial. And dragging down other Euro zone bond deals too, Reuters' chief financial markets correspondent, Jamie McGeever is in London.
00:00:28
That has eased some of the jitters and fears amongst investors that Marine Le Pen might get into the Elysees Palace. Of course, she wants to take France out of the Euro, that would involve the redenomination of French debt, etc. Huge uncertainty and potential for damaging effects for European markets.
00:00:50
>> Equity markets also dominated by botched attempts just days after the Kraft, Unilever mega deal flopped.>> Shares in the London Stock Exchange and Deutsche Boerse slumping on news that the planned merger is unlikely to get the seal of approval by the EU Commission. But Intesa Sanpaolo shares were rallying after the Italian lender announced it was not going to take over insurer Generali after all.
00:01:15
>> Investors have kind of cheered that move because, perhaps on the view that Italian banks, generally in the cunning state of industry, not be splashing the cash.>> I am very grateful for the many->> Looking ahead, US President Donald Trump will be addressing Congress on Tuesday. Investors hoping to get some detail on what he labelled a phenomenal tax plan.
00:01:36
Which aims to boost domestic firms and repatriate capital from abroad. After lifting US markets to a series of record highs, market watchers will be looking to see whether Trump's promises dampen optimism or spur a fresh rally on Wall Street.