VIX Closes at Lowest Since 1993 as Trance Deepens in Market
- Volatility gauge heads for lowest closing level since 2007
- French election win for Macron removes latest market danger
VIX on Pace to Close at Lowest Level Since 1993
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For anyone nourished on volatility, the famine in global markets is worsening.
With the French election ending in a victory for Emmanuel Macron, one more thing said to threaten global stability has made a quiet exit. For investors already looking at record-low price turbulence, the defeat of far-right candidate Marine Le Pen means even more risk removed from the table.