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emfizz.com July 22, 2017


Euro steady below 3-week high, focus on French election

22 April 2017, 01:00 | Terri Saunders

Jean-Luc Mélenchon, a hard-left candidate who created the France Unbowed movement.

Tf1 guests normally appear beside an European Union flag tethered to a French tricolour but, unlike rival candidate Emmanuel Macron, Ms. Le Pen insisted that only the French flag should feature alongside her. The people of France will not take much more of this. He added that there was nothing in the shooting investigation linking immigration to the incident. Should Macron rank first or second in Sunday's poll, he is seen easily winning the run-off vote on May 7 after remaining candidates are eliminated.

France is grappling with double digit employment in many regions, struggling with mounting debt and reeling from repeated Islamist terrorist attacks.

Gaspard Flamant, 26, said he feared Le Pen could win.

A new survey published Wednesday showed Macron leading on 23 percent to Le Pen's 22.5 percent - both of them down slightly.

Now four candidates: Marine Le Pen, Emmanuel Macron, Francois Fillon and Jean-Luc Melenchon are close to evenly splitting the vote amongst themselves which means that regardless of who wins, it won't be a majority win. Melenchon was stable on 19 percent.

Hamon is polling a distant fifth place ahead of Sunday's first-round election and has little chance of reaching the decisive May 7 runoff.

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Security has been stepped up at all election events after police arrested the terror suspects in Marseille and found weapons and bomb-making equipment in their flat along with an Isil flag. Analysts argued that either candidate would defeat Le Pen in the second round of voting, as voters opted for a candidate other than the controversial National Front leader.

As many as a quarter of French voters have been won over by his good looks, charm and intellect. In a statement afterward, Macron insisted on the importance of respecting France's secular traditions but said they shouldn't be used to target Muslims.

"They want to transform France into a giant camp!"

Le Pen, who has stressed her plans to curb immigration in the last week as she tries to rally support, on Thursday night also seized on the latest incident.

Yamamoto said his baseline scenario is for French centrist Emmanuel Macron and far-right candidate Marine Le Pen to make it past the first round in a close vote.

Investors appear to be judging that the prospect of a stronger mandate for May in parliament would potentially give her more chance of making the major compromises with the European Union necessary to smooth Britain's exit from the bloc and limit any damage to the United Kingdom economy.

The latest polls show a tight race, with four candidates - including two who advocate splitting France from the European Union - clustered within five points of one another. Its counterpart for volatility in Europe and Asia.VXEFA is trading near its highest since the election of U.S. President Donald Trump in early November.



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