ABS relieved as Macron goes En the Marche

France election Fotolia right size
By Sam Kerr
24 Apr 2017

Investors in France are looking ahead to June’s legislative elections under the assumption that Emmanuel Macron is set to become the next president of France on May 7 when he faces the National Front’s Marine Le Pen in a deciding vote.

Macron’s progression through the second round has buoyed buyers who feared a final possible run-off between Le Pen and far left candidate Jean-Luc Mélenchon.

A report issued by Rabobank on Monday said that the outcome from the first round had been a positive for markets and that it ...

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