What Traders Are Watching Ahead of French Presidential Election
- French equities have underperformed ahead of Sunday’s vote
- Volatility, bonds and credit aren’t showing high stress levels
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Since Emmanuel Macron became French leader five years ago, the country’s equities have prospered. But with investors on edge over his presidential election opponent’s less business-friendly policies, the market’s future hinges on the outcome.
According to the polls at least, Macron remains ahead of Marine Le Pen, a result that most strategists and analysts would prefer. Yet the contest is close and few are prepared to rule out a surprise.