Apart from a slew of important economic data set to be released by major European countries, market reactions to the French election will be particularly scrutinised this week. Additionally, both the US and China are poised to release their inflation data for June, offering clues for the respective central banks’ policy outlooks. EuropeThe outcome of the French election may significantly impact both the stock markets and the euro in the region. Equities and the single currency could see further rebound if the far-right National Rally party does not gain enough votes to form a government. Howev…