NEWS Focus

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 negotiations. But does it merely buy more time before the last stand of the “globalists”?

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NEWS Focus

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

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NEWS Focus

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.

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NEWS Focus

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.

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NEWS Focus

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.

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