GLOBAL MARKETS - Asia Shares Firm, Euro Dogged by French Political Deadlock

GLOBAL MARKET - SYDNEY. Asian stocks inched higher on Monday as investors grew more confident about a September U.S. rate cut, while the euro grappled with political uncertainty as French elections pointed to a hung parliament.

In France, a leftist alliance unexpectedly took top spot ahead of the far right, a major upset that was set to prevent Marine Le Pen's National Rally (RN) from running the government.