Marine Le Pen of the National Front (FN) has fallen at the final hurdle in her quest for the Presidency of France. Her failure comes as a great relief to Europe’s markets and political elites – except those UK eurosceptics who thought she might be a friendlier ear during Brexit… Read More »
Emmanuel Macron, the independent, centrist candidate who has never held elected office, has won the second round of the French presidential election. The polls had indicated a Macron victory in the wake of his lead in the first round – and the polls were right. When Macron won the first… Read More »
Emmanuel Macron’s victory—and Marine Le Pen’s defeat—in the second round of the French presidential election will be greeted with widespread relief in markets, with bond spreads tightening alongside rallies in bonds and currencies Emmanuel Macron becomes the 25th President of France, having defeated Marine Le Pen in a second-round runoff.… Read More »
Two days before the runoff of the French Presidential Election, Emmanuel Macron is still clearly leading in polls. He is expected to have 62% of voters versus 38% for Le Pen. The recent upside for Macron is the consequence of Wednesday debate between the two contenders. Le Pen was very… Read More »
The outlook for European equities is upbeat with polls putting pro-Europe Macron clearly ahead of Eurosceptic Le Pen in the second round, and with bullish sentiment solidifying around the polls’ accurate predictions of Macron’s (and Le Pen’s) first round election victory. The asset allocation overview, in a nutshell, favours risk-on… Read More »
As in the Dutch election earlier this spring, so in France: The leading — more establishment — candidate is playing to the anxieties that have fueled the populist wave that resulted in Brexit and the recent election of Donald Trump. In the campaign’s final days, Emmanuel Macron is making overtures… Read More »
The French presidential election primarily comes down to a political choice on the role that French voters want to give to France. The first round of voting showed that French electors were no longer very comfortable with the image they had of France. The traditional governing parties did not make… Read More »
On paper, the result of the final round of the French election now looks to be a foregone conclusion; most observers would expect a solid victory for the more establishment Emmanuel Macron over the far-right Marine Le Pen. But if we’ve learned anything from recent political events, it’s to expect… Read More »
Centrist candidate Emmanuel Macron and far-right candidate Marine Le Pen will face one another in the run-off for France’s presidency on May 7. Although a Le Pen win cannot be ruled out, current polls suggest that Macron is well placed to become president. We therefore cut our estimate of the… Read More »
In reaction to the French General Election first round results, Timothy Graf, head of macro strategy EMEA, for State Street Global Markets, and Bill Street, head of investments for EMEA at State Street Global Advisors, offer their views. Graf commented, “Tim Graf commented: “With Macron heavily favoured in head-to-head polling… Read More »
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