French poll puts National Rally well short of absolute majority

There is an increasingly-clear picture of a French parliament with a hard split between the left and right, leaving the centrists as the kingmakers.it takes 289 seats to achieve an absolute majority and the latest poll from IFOP projects:Far right National Rally at 210-240 seatsLeft wing New Popular Front at 170-200 seatsMacron's centrists at 95-125 seatsI'd expect the centrists to break right but in time I expect that will give voters comfort with Le Pen, who will take the Presidency in a couple years.I would expect some positive reaction from French stock markets once the dust settles but less so in the euro. This article was written by Adam Button at www.forexlive.com.

Jul 4, 2024 - 21:55
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French poll puts National Rally well short of absolute majority

There is an increasingly-clear picture of a French parliament with a hard split between the left and right, leaving the centrists as the kingmakers.

it takes 289 seats to achieve an absolute majority and the latest poll from IFOP projects:

  • Far right National Rally at 210-240 seats
  • Left wing New Popular Front at 170-200 seats
  • Macron's centrists at 95-125 seats

I'd expect the centrists to break right but in time I expect that will give voters comfort with Le Pen, who will take the Presidency in a couple years.

I would expect some positive reaction from French stock markets once the dust settles but less so in the euro. This article was written by Adam Button at www.forexlive.com.

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