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French election Update: Markets Poised for Moderate Gains as Macron, Le Pen In front

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French election Update: Markets Poised for Moderate Gains as Macron, Le Pen In front

Introduction

This article was posted on Sunday, 20:19, UTC.

The previously most likely scenario looks to be playing out in the first round of the French presidential election, as Marine Le Pen and Emmanuelle Macron are ahead in early polls and projections. The “horror-scenario” is increasingly unlikely, as Melenchon is trailing Fillon for the third place. Although Le Pen might have a chance against Macron or Fillon, preliminary studies showed that the moderate and independent Macron and the Fillon will likely defeat the far-right and anti-EU candidate. Exit Poll Results (Macron, Le Pen, Fillon, Melenchon, Hamon) (source: Europe Elects) Markets will likely open higher if the early projections prove…

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Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

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