European markets down amid political uncertainty

European stock markets in France and Germany both fell around two per cent amid the current political uncertainty, says CommSec’s Tom Piotrowski. It comes as recent elections in Europe saw a bolstering of far-right parties. “There are a couple of things troubling European investors, not least of which is the political uncertainty at the moment,” Mr Piotrowski said. “European interest rates pushed higher and that created problems for the French and German markets in particular they were down by about two per cent.” Presented by CommSec.